"Homeshoring”, or moving production back to a company’s home country, to counter geopolitical tensions is driving demand for low-cost migrant workers, raising labour risks in markets once deemed "low risk”, says the global assurance firm.
I think a lot of this is driven by non-Asian regulations, like the CSDDD, the Corporate Sustainability Reporting Directive (CSRD), the EU deforestation law, Carbon Border Adjustment Mechanism (CBAM) and the Uyghur Forced Labour Prevention Act.
“Homeshoring”, or moving production back to a company’s home country, to counter geopolitical tensions is driving demand for low-cost migrant workers, raising labour risks in markets once deemed “low risk”, says the global assurance firm.
The story "Trade wars have made Europe and the US ‘higher risk’ markets – and it’s all to do with labour, says LRQA" has 3605 words across 154 sentences, which will take approximately 16 - 31 minutes for the average person to read.
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