This briefing provides examples of good practice found in the thousands statements made under the UK Modern Slavery Act. It aims to inform government and investor engagement with companies around modern slavery.

The UK Modern Slavery Act (the Act) is the first law that requires companies, from around the world, to report annually on the actions that they are undertaking each year to tackle modern slavery in their operations and supply chains. This reporting requirement looks to increase transparency on companies’ efforts to identify and mitigate their modern slavery risks, and their improvement over time. Statements made under the Act provide stakeholders – including investors, business partners, prospective talent, and civil society – with the information that they need to assess which companies are mitigating their risks, and which appear reckless.

However, transparency, whilst necessary, is insufficient on its own to protect vulnerable workers from forced labour. The company should demonstrate due diligence to mitigate risks and ensure that there is remedy when mistakes are made. Equally, stakeholders should use the information provided in modern slavery statements to challenge and encourage companies to take bolder steps to eliminate slavery from their operations and supply chains.

The purpose of this briefing is to provide examples of good practice found in the thousands of compliance statements now available on the BHRRC’s Modern Slavery Registry and their benchmarking of the FTSE 100 companies’ statements. The briefing also highlights serious gaps where few or no companies are performing well. The authors hope that the best practice and gap analyses will encourage informed engagement with companies by investors, civil society, and governments; and facilitate informed reflection within companies regarding their next steps to eliminate modern slavery from their operations and supply chains.

Modern Slavery Reporting: Case Studies of Leading Practice - BHRRC, 2017 DOWNLOAD

post

page

attachment

revision

nav_menu_item

custom_css

customize_changeset

oembed_cache

user_request

wp_block

wp_template

wp_template_part

wp_global_styles

wp_navigation

wp_font_family

wp_font_face

acf-taxonomy

acf-post-type

acf-field-group

acf-field

ai1ec_event

exactmetrics_note

Human Trafficking and Business: Good Practices to prevent and combat Human Trafficking
GuidanceGood Practices

This brochure presents an overview and introduction to human trafficking and the role that business can play in addressing it. It explains in practical terms what human trafficking is, why it is an issue for business and what companies large and sma...Read More

The Supply Chain Leadership Ladder – BSR, 2017
GuidanceGood Practices

Leading companies recognize that their global supply chains can be a key asset or a major risk, both in terms of the business value that they represent and their potential impacts on society and the environment. Companies want to gain visibility int...Read More

Business Banking and Start-up Support for Survivors of Modern Slavery and Human Trafficking
GuidanceGood Practices

In response to the issues raised in the Expert Review, although most fall outside of SII’s mandate, FAST hosted a global Survivor Business Roundtable on 27 June 2022 to gain more insight into survivors' needs regarding business banking and start-u...Read More

TAGS: Global
Luxor Implementation Guidelines to the Athens Ethical Principles: Comprehensive Compliance Programme for Businesses
GuidanceGood Practices

Guide to assist businesses in the implementation of the Athens Ethical Principles. The guide is structured around seven principles.