- Category: Ethical business
- Created: 30 September 2016
Many companies seem to be taking a rather slapdash approach to their first due diligence statements required under the United Kingdom's Modern Slavery Act.
The Act requires companies with a global turnover of £36 million or more to file declarations on what they have done to eradicate slavery and human trafficking in their supply chains, with the starting date for statements being 31 March 2016.
The Business & Human Rights Resource Centre has done an initial assessment of the first 500 or so statements and the results have so far not been very promising. According to the Centre, the “vast majority” of statements do not comply with two basic requirements: that they should be signed by a company director and that they should be accessible via the company's website homepage.
By Stephen Gardner. Read the article in full at Innovation Forum.