What is the meaning of modern slavery?
Modern slavery is defined as the recruitment, movement, harbouring or receiving of children, women or men through the use of force, coercion, abuse of vulnerability, deception or other means for the purpose of exploitation.
What is the purpose of modern slavery act?
Purpose of the Bill The purpose of the Modern Slavery Bill 2018 is to establish a modern slavery reporting requirement. Annual statements will be required from: Australian entities (including corporate Commonwealth entities and Commonwealth companies) with annual revenue of $100 million or more.
How do you comply with the Modern Slavery Act?
The following steps are recommended to prepare for this:
- Carry out a review and a risk assessment of the potential for slavery or human trafficking in the organisation and its supply chains.
- Check anti-slavery clauses in contracts with suppliers.
- Undertake training of both business personnel and supply chains, and.
Do companies need a modern slavery statement?
Section 54 of the Modern Slavery Act 2015 requires some organisations to prepare a slavery and human trafficking statement for each financial year, setting out the steps that the organisation has taken during the year to ensure that slavery and human trafficking is not taking place in its supply chains or its own …
Do I have to comply with the Modern Slavery Act?
Every organisation carrying on a business in the UK with a total annual turnover of £36m or more will be required to produce a slavery and human trafficking statement for each financial year of the organisation.
Does a small business need a modern slavery policy?
Supply Chains and Smaller Companies Just because there is no statutory requirement for the smaller business to have a modern slavery statement, the absence of one may be detrimental to both existing contracts and future tenders.
How do you manage modern slavery?
Here is a reminder of the key controls you should adopt in your company:
- Check your modern slavery statement.
- Identify risks.
- Conduct supplier due diligence.
- Perform human rights due diligence.
- Review existing policies.
- Appoint someone to take the lead.
- Train your staff.
- Use modern slavery best practices.
How do you do a modern slavery risk assessment?
Where to start – how to do a modern slavery risk assessment
- Quantify your spend – List all of your suppliers according to the amount that you spend with them.
- Categorise your spend – Sort your suppliers into categories and determine if they are supplying goods or services.
- Understand your risk – Starting with your highest spend categories, do some research.
What is the modern slavery assessment tool?
The MSAT is a modern slavery risk identification and management tool. This tool has been designed to help public sector organisations work in partnership with suppliers to improve protections and reduce the risk of exploitation of workers in their supply chains.
Which business sectors are affected by modern slavery?
The Consumer Sector Particularly high risk goods include: rice, spices, tea, coffee, cocoa and cotton. Food and tobacco companies are vulnerable to modern slavery infiltration since a large proportion of produce is sourced internationally from high risk countries.
Are there slaves in the UK?
Prevalence. The Global Slavery Index estimates that there were 136,000 people living in modern slavery in the United Kingdom (UK) on any given day in 2016, reflecting a prevalence rate of 2.1 victims for every thousand people in the country.