UNGC Bulgaria partners with OSCE and the Council of Europe to raise awareness about the

role of the private sector in combating human trafficking

for labor exploitation within supply chains and stimulate discussion among Bulgarian stakeholders from government, civil society, and the private sector.

Trafficking in human beings (THB) is a multifaceted crime with serious consequences for victims and society at large. It is inherently financially motivated, with a global scope impacting every country and virtually every economic sector. Annually, trafficking in human beings yields profits of approximately US$ 150 billion from the exploitation of individuals.

States are responsible for ensuring that due diligence legislation is adopted and effectively applied in practice, as well as for providing guidance and tools to businesses on how to lower the risk of being involved, directly or indirectly, in THB.

Businesses bear the responsibility to exercise due diligence and implement preventive measures and policies

that assess and mitigate human rights risks in their operations and supply chains, including protection against THB and other exploitative practices. Additionally, there is growing pressure on organizations to carefully scrutinize their suppliers in

all tiers of the supply chain.

The Organization for Security and Co-operation in Europe (OSCE) and the Council of Europe, in partnership with the Bulgarian Network and the German Helpdesk on Business and Human Rights, host a

business roundtable

aiming to perpetuate the dialogue on the significance of developing and implementing policies and practices for preventing and combating human trafficking. The business-oriented discussion will logically follow the preceding conference on the subject, hosted by the National Anti-Trafficking Commission Bulgaria.

The agenda of the event promises an informative and helpful discussion: AGENDA FINAL_Business Roundtable 29 May 2024

For registration for the event please contact us at secretariat@unglobalcompact.bg.