Because of our global reach and scale, the human rights standards we set for ourselves and for those with whom we work can have a profound impact in the world. Our respect for human rights is not only evident in our employee protections and supplier guidance, but also directly informs our business decisions, including what we choose to finance. We proactively conduct risk analysis, due diligence and stakeholder engagement activities to ensure human rights considerations are always taken into account. We are also working to evolve our risk analysis tools to identify sectors and geographies within our client base that pose an elevated human rights risk.
PREVENTING HUMAN TRAFFICKING
"Following the flow of funds from human trafficking is no easy task; it's like looking for a needle in a haystack. But we began on a year-long journey of testing what we knew and what we didn't and inputting massive amounts of data. In the end, we built an algorithm to identify potential patterns of behavior related to human trafficking."
A lead statistical data miner, Data Intelligence Unit, Citi
The Data Intelligence Unit is a specialized group within our Anti-Money Laundering team that seeks to understand connections and associations related to the movement of money within Citi to prevent fraud and money laundering. To report and deter the illegal movement of money related to these crimes, the team worked with law enforcement and Citi investigators to develop a highly effective algorithm to systematically identify potential human traffickers. The team is leveraging their patent pending methods to further advance detection by applying advanced data science techniques to detect human trafficking networks potentially giving the algorithms a global range.
Shift is the leading center of
expertise on the UN Guiding
Principles on Business and
on the Human Rights
Campaign's Corporate Equality
Index annually since 2004