Originally published February 26, 2024
WASHINGTON, D.C. —1792 Exchange is pleased to announce it has joined the Eagle Freedom Alliance, a coalition working to strengthen corporate accountability for human trafficking, child exploitation, and related harms. The core thesis of the Eagle Freedom Alliance is that public companies face too little accountability for their role in trafficking and exploitation because data is sparse, and best practices often generate temporary attention without lasting change. Eagle’s model is designed to solve that problem by connecting solution builders and data experts with coordinated, public advocacy and direct corporate engagement. Members of the growing coalition include Eagle Freedom Funds, Guidestone Funds, Vident, The Knoble, Clapham Accelerator, Brightlight, and others. The importance of this work is seen in the scope of the problem – there are an estimated 27 million labor trafficking victims in supply chains and more than 6 million sex trafficking victims worldwide. Eagle’s approach to solving that problem is simple but effective: work with experts to identify and build effective solutions, publicly recognize companies demonstrating leadership on the issue, and encourage other corporations to adopt stronger practices through constructive corporate engagement. The Alliance and its approach are already gaining traction. Its investors and advisors represent more than $100 billion in assets under management and have publicly recognized companies including UPS, Truist, and Fifth Third Bank for practices that embed human crime awareness into institutional policies and practices to help prevent, detect, and disrupt human trafficking and child exploitation. The Eagle network will provide new insight into how companies address forced labor and child exploitation in their policies and …
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