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Mahmoud Gad, Associate Professor, Accounting and Finance, Lancaster University

Modern slavery is endemic in global supply chains. Companies should be praised – not shamed – for detecting it

Tinnakorn jorruang

It’s an uncomfortable reality, but modern slavery is endemic in global supply chains.

Statistics on the scale of this issue are becoming as well known as they are shocking. Estimates put the number of modern slavery victims at almost 50 million globally – including those in forced labour or living in forced marriages. Of these, 17.3 million are being forced to work by private businesses, with nearly 4 million in forced labour imposed by state authorities. More than 3.3 million of those in forced labour are children.

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