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...
Asia Floor Wage Alliance (AFWA), an Asian labour-led global labour and social alliance, has been monitoring the impact of the COVID-19 pandemic on workers in garment-producing countries through ground reports from AFWA partners and allies in Cambodi...Read More
This report considers how effectively the Action Plan to Tackle Trafficking in Persons and to Enhance Protection of Foreign Domestic Helpers in Hong Kong (the Action Plan) 1 has been implemented and, specifically, whether it has helped trafficked pe...Read More
U.S. Secretary of State Pompeo released the State Department’s 2020 Trafficking in Persons Report on June 25 2020. This report marks the 20th anniversary of the TIP report and the introduction to the 2020 edition celebrates the progress in combati...Read More
The failure of governments to protect workers’ rights in the global economy has left a yawning gap of regulation and helped spawn an $80 billion industry in corporate social responsibility (CSR) and social auditing. Yet the experience of the last ...Read More
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