The reality for many of the world’s leading brands, from technology firms to apparel companies, is that many businesses no longer make or produce the goods they sell – or in the case of some hotel chains, even own the properties on which their logos are emblazoned.

The outcome of this includes transformative business models and plenty of interesting case studies for business school students – not to mention healthy profit margins. But the results can also cause plenty of risks, and a lack of accountability, within global supply chains.

Humanity United, an NGO that falls under the Omidyar Group umbrella, announced that it has raised $23 million to be used to invest in startup technology companies fighting human trafficking, forced labor, and other human rights violations occurring in supply chains worldwide.

The new fund, named Working Capital, says it also has the support of organizations such as the Walmart Foundation, C&A Foundation, Stardust Equity, and The Walt Disney Company. According to the fund’s executives, this structure of lining up global companies as the actual funders will help Working Capital arrive at social impact solutions that benefit all stakeholders – including workers, consumers, business, and society at large.

Read the full article on venture fund to fight human rights abuses by Leon Kaye at TriplePundit