Analysis shows only a handful of company statements are meeting the Act’s requirements, majority lack adequate information.
The FTSE 100 companies who have reported under the Modern Slavery Act so far were scored by the Business & Human Rights Resource Centre on their action to eliminate slavery from their operations and supply chains and the extent of their disclosure under the Act. Companies were put into ten tiers (tier one the best performing, ten the worst performing). There was also patchy compliance with the legal requirements of the Act. Only 14 of the 27 statements fully comply with these three requirements.
Analysis shows most of the twenty-seven FTSE100 companies that have reported so far under the UK Modern Slavery Act are missing the opportunity to provide much needed leadership to eradicate forced labour from business operations and supply chains. The majority of company statements demonstrate weak risk assessment and due diligence.
Modern Slavery Act 2015 2015 CHAPTER 30 An Act to make provision about slavery, servitude and forced or compulsory labour and about human trafficking, including provision for the protection of victims; to make provision for an Independent Anti-slavery Commissioner; and...
Modern Slavery Registry (http://www.modernslaveryregistry.org/) is a free, transparent and publicly accessible registry of company statements published pursuant to the UK Modern Slavery Act and the California Transparency in Supply Chains Act. The Registry, with its over 4,000 statements, is a valuable...
The International Labour Organization estimates that illicit profits from modern slavery reach $150 billion a year. In 2016, 16 million people were victims of forced labour in the private economy. Companies are exposed to modern slavery risks through their own...
The German government has set a 2020 target for at least 50% of German companies with more than 500 employees to have introduced effective human rights protections. The current coalition Government has agreed to pass laws and push...Read More
Climate change increases the risk of natural disasters and places a strain on livelihoods. This may contribute to high-risk behaviours and other negative coping strategies among affected populations, such as resorting to unscrupulous recruitment age...Read More
The Transportation Industry intersects with human trafficking in the United States in a number of different ways. A number of these intersections are reflected in the reports of human trafficking made to the National Human Trafficking Hotline. This ...Read More
The issue of Vietnamese nationals consistently having some of the highest numbers of referrals into the UK’s National Referral Mechanism (NRM) is increasingly apparent. However, this did not gather nationwide attention until the Essex tragedy of O...Read More
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