Businesses with a year end of 31st March 2016 will be the first required to publish a statement on the action they have taken to ensure their supply chains are slavery free.
It might be sweet and gooey and deliciously chocolatey, but, in the UK at least, there has always been a strong moral dimension to the cocoa business.
UK businesses with a turnover of more than £36 million will have to set out the steps they have taken to ensure that slavery and human trafficking is not taking place in their supply chain, prime minister David Cameron has revealed.
The US Congress is to be asked to vote on a bill targeting slavery in the supply chain. The bipartisan bill would require companies with sales over $100 million to disclose the measures they are taking to prevent human trafficking, slavery and child labour in their supply chains as part of their annual reports.
Two thirds of UK businesses have no “plan B” to deal with a supply chain emergency, research by the Chartered Institute of Procurement and Supply has revealed.