Investor Statement in Support of Robust Forced Labor Regulations

On March 1, 2023, Heartland, alongside 86 investors representing over US$2.44 trillion in assets under management and advisement, joined the Investor Alliance for Human Rights in welcoming the European Commission’s legislative proposal to prohibit products made with forced labor from entering the European Union market. With the significant rise in modern slavery according to the newly released 2021 Global Estimates, investors recognize the urgent need for meaningful action and laws to tackle the exploitation of workers around the world.

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