The Modern Slavery Act is a leading piece of legislation. It sets out a range of measures on how modern slavery and human trafficking should be dealt with in the UK. Whilst not all of the Act is directly relevant for business, section 54 entitled 'Transparency in supply chains' (TISC) impacts the corporate sector. The Act, which came into force on 29th October 2015, requires businesses to disclose a 'slavery and human trafficking statement'.
Large companies with a turnover of more than £36 million must make public its efforts to stop the use of slave labour by its suppliers. From 29 October 2015 the Transparency in Supply Chain (TISC) Provisions require businesses to publish an annual statement if they have an annual turnover above a threshold (£36 million). The statement must confirm the steps taken to ensure that slavery and human trafficking are not taking place in the business (or in any supply chain).
My turnover is less than £36 million, it doesn’t apply to me – this isn’t true. Larger contractors with a turnover of £36 million have a duty to check their supply chain – you guys - to ensure as far as they can that no modern slavery activity is taking place. This means they will need to check you have measures in place to combat modern slavery, this can include; policies, staff training and publishing a compliance report. This means main contractors are more likely to work with you if you can easily demonstrate your efforts to manage modern slavery risks within your organisation. Modern slavery exists on most tenders for work from major contractors so having your own policy and activities in place will also make you far more attractive when bidding for work.
We can help, we work with an international charity who are committed to working with businesses to work towards a slave-free supply chain.
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