The UK government has mandated that all businesses with a turnover of £36 million or more must produce an annual statement on modern slavery. This statement must set out the steps the business has taken to ensure that there is no modern slavery in its supply chain. A modern slavery policy template UK can be a helpful tool for businesses in creating this statement.
Modern slavery is a serious problem that affects millions of people around the world. It is a crime that involves the exploitation of people for personal or commercial gain. There are many different forms of modern slavery, including human trafficking, forced labour, debt bondage, and child labour.
What Is a Modern Slavery Policy?
A modern slavery policy template UK is a document that sets out the company’s commitment to preventing and addressing modern slavery in its supply chain. The policy should include information on the company’s due diligence processes, its risk assessment procedures, and its remediation mechanisms.
The policy should be developed in consultation with stakeholders, including employees, suppliers, and customers. It should be reviewed and updated regularly to ensure that it is effective in preventing and addressing modern slavery.
What Are the Benefits of Having a Modern Slavery Policy?
There are many benefits to having a modern slavery policy template UK, including:
- It shows your commitment to preventing and addressing modern slavery in your supply chain.
- It helps you to identify and mitigate the risks of modern slavery in your supply chain.
- It can help you to improve your reputation and brand image.
- It can help you to attract and retain customers who are concerned about modern slavery.
The UK government has also published a number of resources to help businesses develop and implement a modern slavery policy template UK. These resources include:
- A guide to the Modern Slavery Act 2015
- A toolkit for developing a modern slavery policy
- A list of modern slavery indicators
Conclusion
Modern slavery is a serious problem that affects millions of people around the world. By developing and implementing a modern slavery policy template UK, businesses can play a role in preventing and addressing this crime.
A modern slavery policy can help businesses to identify and mitigate the risks of modern slavery in their supply chain, improve their reputation and brand image, and attract and retain customers who are concerned about modern slavery.
FAQs
What is the Modern Slavery Act 2015?
The Modern Slavery Act 2015 is a UK law that requires businesses with a turnover of £36 million or more to publish an annual statement on modern slavery.
What should a modern slavery policy include?
A modern slavery policy should include information on the company’s due diligence processes, its risk assessment procedures, and its remediation mechanisms.
What are the benefits of having a modern slavery policy?
There are many benefits to having a modern slavery policy, including demonstrating your commitment to preventing and addressing modern slavery in your supply chain, helping you to identify and mitigate the risks of modern slavery in your supply chain, improving your reputation and brand image, and helping you to attract and retain customers who are concerned about modern slavery.
