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JOINT MODERN SLAVERY STATEMENT FY23 Introduction Co Limited is an ASX listed (ZIP: ASX) leading global financial services company that offers pointofsale credit and digital payment services in core

How to fill out joint modern slavery statement

How to fill out joint modern slavery statement

1. To fill out a joint modern slavery statement, follow these steps:
2. - Identify the companies or organizations that will be participating in the joint statement.
3. - Determine the format or structure of the statement, ensuring it meets the requirements of relevant legislation or industry standards.
4. - Assign responsibilities to each participating company or organization for drafting their respective sections of the statement.
5. - Collaborate with the other participants to gather relevant information and data about their measures to prevent modern slavery.
6. - Compile the gathered information into a cohesive and comprehensive joint statement.
7. - Review and revise the statement to ensure accuracy, clarity, and adherence to legal and ethical guidelines.
8. - Obtain necessary approvals from all participating companies or organizations.
9. - Publish the joint modern slavery statement on relevant platforms, such as company websites or government databases.
10. - Regularly update and review the joint statement to reflect any changes or improvements in anti-slavery measures.
11. - Communicate the joint statement to stakeholders, including employees, customers, suppliers, and investors, to raise awareness and demonstrate commitment to combatting modern slavery.

Who needs joint modern slavery statement?

1. Any company or organization that meets the following criteria may need a joint modern slavery statement:
2. - Operates in a jurisdiction with legislation or regulations requiring companies to disclose their efforts to address modern slavery.
3. - Has business relationships with other entities in supply chains where there is a risk of modern slavery.
4. - Wants to publicly demonstrate their commitment to combatting modern slavery and promote transparency.

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What is joint modern slavery statement?

A joint modern slavery statement is a document that outlines the efforts of multiple organizations to combat modern slavery and human trafficking within their operations and supply chains.

Who is required to file joint modern slavery statement?

Organizations with a consolidated turnover above a certain threshold, typically those that operate in specific industries or jurisdictions that require reporting, are mandated to file a joint modern slavery statement.

How to fill out joint modern slavery statement?

To fill out a joint modern slavery statement, organizations must collaborate to assess their risks, outline their policies, describe their due diligence processes, and detail the actions taken to combat modern slavery in their supply chains.

What is the purpose of joint modern slavery statement?

The purpose of a joint modern slavery statement is to promote transparency, enhance accountability, and provide stakeholders with information on how organizations are addressing modern slavery risks.

What information must be reported on joint modern slavery statement?

The statement must report on the organization's structure, supply chains, policies related to modern slavery, risk assessments, due diligence processes, and training programs in place to combat modern slavery.