Companies must step up their game to eradicate all traces of forced labour, David Noble, group CEO of the Chartered Institute of Procurement & Supply, said in response to claims by the BBC’s “Panorama” programme that child refugees in Turkey are making clothes for UK shops.
Small and medium sized businesses are unaware of the cascading impact the Modern Slavery Act has on them, the Chartered Institute of Procurement & Supply (CIPS) has said.
UK businesses are woefully unprepared for the Modern Slavery Act’s reporting requirement despite the fact that the new rules come into force on 1st April, the Chartered Institute of Procurement & Supply has warned.
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.
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.