Everstream Analytics World’s First Slave-Free Alliance-Validated Modern Slavery and Forced Labor Risk Management Solution

SAN MARCOS, Calif.–(BUSINESS WIRE)–Everstream Analytics, the global supply chain insights and risk analytics company, announced today that it has been recognized as the world's first Slave-Free Alliance-validated modern slavery and forced labor technology provider.

The issue of modern-day slavery and child labor is one of the most significant challenges of today's supply chains, with recent data from the International Labor Organization indicating a significant increase over the past few years. Forced labor is often hidden deep within the supply ecosystem and sub-tiers of complex value-creation networks. This often leads to companies unknowingly contributing and exacerbating a wide array of exploitation, from low wages and unsafe work environments to modern-day slavery, where all aspects of workers' lives are controlled by traffickers through manipulation, debt bondage, threats, and violence, and sometimes even imprisonment. Concealed vulnerabilities such as modern slavery can swiftly and unexpectedly harm brand reputation, compliance, and competitiveness without a comprehensive approach utilizing the most advanced technologies.

Slave-Free Alliance (SFA), part of the global non-profit organization Hope for Justice, aims to help organizations worldwide achieve slave-free operations and supply chains. SFA's partnership with Everstream Analytics combines the power of Everstream's modern slavery and supply network visibility innovation built with the most advanced technologies, generative AI, advanced analytics, and graph technology with SFA's vision to eradicate modern slavery.

“Our accreditation as the world's first SFA-validated technology proves and underlines our leading role as the most advanced and audacious innovator in the space of holistic risk management and value orchestration. Our battle is against modern slavery and forced labor, and our advanced technology-built solution is key to enabling organizations to accomplish exactly that,” said Koray Köse, Chief Industry Officer at Everstream Analytics. “Everstream's holistic risk management platform enables organizations preventively to uncover hidden vulnerabilities and fragilities. It is purposefully built to empower companies, instilling greater resilience, agility, and velocity in safeguarding their brand and maximizing competitiveness. This is accomplished by empowering organizations through intelligent, actionable insights to proactively manage risks holistically, especially concealed challenges, and cultivate the most ethical, transparent, and competitive supply chains globally.”

“Together, we are taking significant strides towards our shared vision of eradicating modern slavery from supply chains,” stated Tim Nelson, CEO of Hope for Justice and Slave-Free Alliance. “With Everstream's cutting-edge technology and our team of dedicated forced labor experts, we will develop comprehensive global strategies and offer impactful solutions to safeguard individuals and supply chains from the scourge of modern slavery.”

The announcement comes in advance of Anti-Slavery Day on October 18 and on the heels of announcing Everstream as a global strategic partner and exclusive technology partner to SFA's supply chain working groups. Everstream Analytics and Slave-Free Alliance will jointly engage in public forums, prominent platforms, and key industry events, offering valuable insights and expert guidance on addressing this pressing issue holistically.

About Everstream Analytics

Everstream Analytics sets the global supply chain standard. Through the application of artificial intelligence and predictive analytics to its vast proprietary dataset, Everstream delivers the predictive insights and risk analytics businesses need for a smarter, more autonomous, and sustainable supply chain. Everstream's proven solution integrates with procurement, logistics, and business continuity platforms generating the complete information, sharper analysis, and accurate predictions required to turn the supply chain into a business asset. To learn more, visit https://www.everstream.ai/.

About Slave-Free Alliance

Slave-Free Alliance is wholly owned by global charity Hope for Justice and all profits are reinvested in charitable activities to help victims and survivors of human trafficking and modern slavery across the world. Slave-Free Alliance works with organizations of all sizes and complexity – from multinational companies to the smallest businesses – to help them understand and mitigate the risk of modern slavery and labor exploitation in their supply chains. There are more than 120 members globally, including Aldi, AstraZeneca, Experian, Schroders, Currys and Sunbelt Rentals UK. These organizations recognize that they need to take a long-term approach to embed best practice in their operations and supply chains and to bring about lasting change. To learn more, visit https://www.slavefreealliance.org