Business risk briefing: modern slavery

Business risk briefing: modern slavery

From October 2015, commercial organisations must publish an annual statement outlining the steps they have taken to ensure that slavery and human trafficking are not present in their supply chains or in their own businesses.

Director, Risk Consulting

KPMG in the UK

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Modern Slavery

The Modern Slavery Act has a wide remit, covering most businesses based in or having operations within the UK and a turnover above £36m.

Whilst there is no legal requirement for an organisation to conduct due diligence on its supply chains, the Government expects that the pressure of public reporting and the increased scrutiny of human rights will be sufficient to drive companies to take action in their supply chains.

  • Informing you of the requirements of the Act in relation to your organisation
  • Assessing and monitoring risks within your business and supply chain
  • Developing training and policiesAssisting with reporting requirements

Get in touch with us if you would like to discuss this issue and how it affects your business.

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