Does your Modern Slavery Statement Consider Investments?
Modern Slavery Statements by ACAN entities must consider the risks of modern slavery in investment supply chains AND portfolios. Investment management agreements (IMA's) should clearly outline your entity's expectations to ensure this unacceptable risk to people can be monitored and reported on.
Investment Managers (IMs) have a responsibility to respect human rights as defined in the OECD Guidelines for Multinational Enterprises and the UN Guiding Principles on Business and Human Rights. Review IMAs now for your entity's exposure to modern slavery risks and take action to address gaps.
The IM should:
publicly state its support for these international standards
engage with rights issues and;
outline to clients issues identified and actions taken – through engagement with investees or policy makers – to prevent or mitigate negative outcomes.
Review IMAs now for your entity's exposure to modern slavery risks and take action to address gaps.
Find out if your Investment Manager is a member of Investors Against Slavery and Trafficking
