Forced labor is an issue organizations can no longer ignore. Although illegal, this form of modern-day slavery is becoming increasingly widespread. In a global economy, goods and materials made with forced labor can permeate almost any company’s network of suppliers. That’s why forced labor is drawing mounting scrutiny from different stakeholders, including regulators, human-rights organizations, investigative journalists, consumers, investors and companies themselves.
Businesses are responding by using technology to monitor their supply chains. Identifying and mitigating forced labor will be critical to avoid growing legal, operational and reputational risks.
Partner, Global Investigations & Forensics Leader, PwC US