Closing the Social Gap: Strengthening the Role of Business and Finance in Advancing Better Outcomes for People

Co-hosted by the TISFD, the Finance Against Slavery & Trafficking, and the Pathfinders for Peaceful, Just and Inclusive Societies

Inequality, modern slavery, human trafficking, poor labour conditions and other social challenges are not only moral concerns, they are increasingly recognised as material risks to business performance, financial stability and economic resilience.

While sustainability reporting has helped advance action on climate and nature, significant gaps remain in how businesses and financial institutions understand, manage and disclose their impacts on people. Finance Against Slavery and Trafficking (FAST), the Taskforce on Inequality and Social-related Financial Disclosures (TISFD) and the Pathfinders for Peaceful, Just and Inclusive Societies, will host a dialogue during the United Nations General Assembly High-Level Week.

Bringing together governments, international organizations and sustainability experts, the discussion will explore emerging approaches to social disclosures and how improved measurement, management and accountability can help align private sector conduct and financial flows with sustainable development objectives, including the implementation of the Sevilla Commitment.