FloraTrace: for changing and emerging risks in global trade
Forced Labor is the third most lucrative illicit trade, behind only drugs and weapons, and has an annual trade value of roughly $150 Billion.
It is an issue in sectors like fisheries, agriculture, forestry, manufacturing and mining.
Right now, over 152 million children are in child labor and over 25 million adults and children around the world are victims of some type of forced labor, including modern slavery, and human trafficking.
FloraTrace, Inc. offers risk management solutions to determine the geographic origin and source of commodities, foods and beverage products, textiles/fashion, as well as agricultural, pharmaceutical, geological products. Our technical solutions assess risks within supply chains and add greater transparency to supply chains at risk of containing forced labor.