Investors urge companies to protect migrant workers in Gulf

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The group represents 38 financiers with over US$3 tril in managed assets. FMTNews MigrantWorkers

Migrant workers wait in line outside a medical clinic in Dubai to get tested for Covid-19 in April.

Such workers, many of them from Asia, provide the backbone of Gulf economies, working in sectors such as construction, hospitality and oil and gas.It does not imply any wrongdoing by the companies it has written to but said some may be unaware of the risks. “As investors, we have a moral duty to ensure that we are not profiting from modern slavery in any shape or form,” CCLA’s chief executive Peter Hugh Smith said.

 

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