UK investors expand anti-slavery push to construction, materials sectors

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A UK investor coalition that presses companies to unearth modern-day slavery in their supply chains said on Monday it was going to expand its campaign into the construction and materials sectors.

FILE PHOTO: Construction workers are seen working at a site in London, following the outbreak of the coronavirus disease , London, Britain May 11, 2020. REUTERS/Simon Dawson

“The construction industry is estimated to contain 18% of the world’s victims of forced labour,” CCLA’s chief executive, Peter Hugh Smith, said. The coalition said it now had 56 investors among its members - including M&G, Fidelity International, Schroders and Edentree - that together managed 7 trillion pounds in assets.

 

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