Get the free Modern Slavery Statement - FM Global

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How to fill out modern slavery statement

How to fill out modern slavery statement

1. Understand the legal requirements for the modern slavery statement in your region.
2. Conduct a thorough assessment of your organization's operations and supply chains to identify any risks of modern slavery.
3. Develop and implement a clear policy on modern slavery that is in line with legal requirements.
4. Engage with key stakeholders, including employees, suppliers, and business partners, to raise awareness and gather relevant information.
5. Draft a comprehensive modern slavery statement that includes information on your organization's policies, due diligence processes, and efforts to address modern slavery risks.
6. Publish the modern slavery statement on your company website and submit it to the appropriate government authorities.
7. Regularly review and update the modern slavery statement to reflect any changes in your organization's operations or supply chains.

Who needs modern slavery statement?

1. Any organization with a global turnover above a certain threshold (varies by region) is required to publish a modern slavery statement.
2. This includes businesses in various industries such as retail, manufacturing, construction, hospitality, and more.

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What is modern slavery statement?

A modern slavery statement is a document provided by an organization detailing the steps it has taken to ensure that modern slavery and human trafficking are not taking place in its supply chains or within its own business.

Who is required to file modern slavery statement?

Certain organizations in the UK are required to file a modern slavery statement under the Modern Slavery Act 2015. This includes businesses with a global turnover of £36 million or more.

How to fill out modern slavery statement?

Organizations can fill out a modern slavery statement by providing information on their policies and procedures related to modern slavery, their due diligence processes, and the training they provide to staff.

What is the purpose of modern slavery statement?

The purpose of a modern slavery statement is to increase transparency and accountability in supply chains, raise awareness about modern slavery, and encourage organizations to take action to combat it.

What information must be reported on modern slavery statement?

Information that must be reported on a modern slavery statement includes the organization's structure, policies related to modern slavery, due diligence processes, and the effectiveness of the measures taken.