Investors Tell Firms to Stamp out of Slavery (ESG Clarity)

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Fund firms are racking up the pressure on companies to show that they have a clear view of the working conditions of staff employed by businesses in their supply chain.

The increased scrutiny comes as the UK government embarks on a review of the 2015 Modern Slavery Act, before reporting on amendments in March 2019. Part of the review will include new requirements for companies to improve the transparency of supply chains and improve the quality of reporting by eligible companies. Similar measures have already been introduced in Australia.

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Aviva Investors, the global asset management business of Aviva plc (‘Aviva’), has been awarded ‘A+’ and ‘A’ ratings by the United Nations Principles for Responsible Investment (PRI), the world’s leading proponent of responsible investing, as part of the organisation’s 2020 Assessment Reports for signatories.

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