Efforts to tackle modern day slavery are stalling with nearly half the number of companies disclosing anti-slavery measures within their supply chains, according to the international procurement body.
Only 29% of organisations required to produce a modern slavery statement have submitted it to the UK government registry for 2022, an analysis by the Chartered Institute of Procurement and Supply (Cips) found.
It called on ministers to better enforce critical transparency rules that it said were being ignored.
Companies with a turnover of more than £36m a year are required to publish an annual statement outlining the steps they are making to address slavery in supply chains, according to the UK’s Modern Slavery Act 2015.
They are also “strongly encouraged” to submit statements to the Home Office’s modern slavery statement registry, although it is not mandatory.
Read the full article at: www.theguardian.com
About the Author
Follow on Twitter Follow on Linkedin Visit Website More Content by EcoVadis EN
