The Alarming Continued Rise of Modern Slavery in Supply Chains: How Procurement Can Help Reverse the Trend 

February 16, 2023 EcoVadis ‏‏‎

Although the international community has generally acknowledged that business globalization reduced poverty in many regions, there is another scourge that is still thriving across sprawling corporate supply chains. Despite increased global attention, resources and regulations, 10 million more people were living in slavery conditions in 2021 compared to 2016, according to International Labour Organization (ILO) estimates. Of the 50 million people worldwide living in slavery — owned by another human being — in 2021, 28 million are trapped in forced labor.  

Moreover, it often surprises many that forced labor is highly present in developed countries: More than 52% of all forced labor can be found in upper-middle-income or high-income countries. 

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About the Author

EcoVadis ‏‏‎

EcoVadis is a purpose-driven company whose mission is to provide the world's most trusted business sustainability ratings. Businesses of all sizes rely on EcoVadis’ expert intelligence and evidence-based ratings to manage risk and compliance, drive decarbonization, and improve the sustainability performance of their business and value chain. Its AI-powered risk mapping, actionable scorecards, benchmarks, carbon action tools, and insights guide a resilience and improvement journey for environmental, social and ethical practices across 200 industry categories and 175 countries.

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