Get the free Modern Slavery Transparency Statement 2024

Fiscal2023Environmental, social and governance reportPublished February 2024FY23 ESG ReportOverview|Our people|Customers and communities|Operations and supply chain|Governance, ethics and compliance|Reporting

How to fill out modern slavery transparency statement

How to fill out modern slavery transparency statement

1. Start by familiarizing yourself with the legislation in your region requiring the modern slavery transparency statement.
2. Gather information about your organization's supply chain, operations, and the risks of modern slavery within them.
3. Develop a clear and comprehensive statement that includes details about your organization's structure, policies, due diligence processes, and training on modern slavery.
4. Ensure that the statement is easily accessible on your organization's website and provide a contact point for further inquiries.
5. Review and update the statement regularly to reflect any changes in your organization's activities or new developments in the fight against modern slavery.

Who needs modern slavery transparency statement?

1. Companies and organizations that operate in regions with legislation requiring the publication of modern slavery transparency statements.
2. Businesses with complex supply chains that may be at risk of modern slavery practices.

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What is modern slavery transparency statement?

A modern slavery transparency statement is a public document that outlines the steps an organization has taken to address the risks of modern slavery and human trafficking within its operations and supply chains.

Who is required to file modern slavery transparency statement?

Organizations with an annual turnover above a specified threshold, typically £36 million in the UK or similar thresholds in other jurisdictions, are required to file a modern slavery transparency statement.

How to fill out modern slavery transparency statement?

To fill out a modern slavery transparency statement, organizations should detail their structure, supply chains, policies regarding modern slavery, risk assessments, training programs, and any due diligence processes in place to combat modern slavery.

What is the purpose of modern slavery transparency statement?

The purpose of the modern slavery transparency statement is to promote transparency and accountability, encouraging organizations to take proactive measures against modern slavery and ensuring that stakeholders are informed about such efforts.

What information must be reported on modern slavery transparency statement?

The statement must include information regarding the organization's structure, business model, supply chains, policies related to modern slavery, training initiatives, assessments of risk, and steps taken to mitigate those risks.