Businesses must be more aware of human trafficking risks

Companies face more scrutiny, greater reputational risk than ever

International businesses face a great deal of risk, especially up and down their supply chains. Compliance with labor laws, trade restrictions and more give legal departments a lot to consider as they advise business departments on risk and reward. But, increasingly, there is one area that is becoming the focus of great scrutiny and growing risk: human trafficking.

One state that has taken the lead in regulating human trafficking is California, which passed The Transparency Act. It has been in effect for two years now, and companies with revenue more than $100 million that do business in the state have been the subject of a yearly report on their compliance in relation to human trafficking.

Senior Editor and Community Manager

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Rich Steeves

Richard P. Steeves is Senior Editor and Community Manager of InsideCounsel magazine, where he covers the intellectual property and compliance beats. Rich earned a B.A....

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