Open up on modern slavery or face further action - Home Office tells business
The Home Office is writing directly to chief executives of 17,000 businesses telling them to open up about modern slavery in their supply chains, or risk being named as in breach of the law.
Businesses with a turnover of more than £36 million must publish annual transparency statements, known as a Modern Slavery Statement, setting out what they are doing to stop modern slavery and forced labour practices occurring in their business and supply chains. At the moment, it is estimated that 60% of companies in scope have published a statement. Whilst there are many examples of good practice, some of these statements are poor in quality or fail to even meet the basic legal requirements.
Yesterday the Government published its 2018 annual rpt on Modern Slavery. It sets out process against the 4 'Ps' - Pursue | Prevent | Protect | Prepare.