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Answer
Written answer
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v0YfMBoi
answer has answering person
Susan Williams
answer text
<p>Section 54 of the Modern Slavery Act 2015 requires businesses with a turnover of £36m or more to report annually on the steps they have taken to prevent modern slavery in their operations and supply chains.</p><p /><p>The landmark ‘Transparency in Supply Chains’ provisions in the Modern Slavery Act have driven a change in business culture, spotlighting modern slavery risks on boardroom agendas and within the international human rights community. We recognise, however, there is more to do to keep businesses focused on this important issue.</p><p> </p><p>The prevalence of modern slavery and complexity of global supply chains means that it is highly unlikely that any sector or company is immune from the risks of modern slavery. The Home Office’s statutory guidance on producing modern slavery statements suggests that statements should include the risk assessment and due diligence organisations undertook to prevent and tackle modern slavery. The Government encourages companies to report transparently about how they are identifying and mitigating modern slavery risks in their operations and supply chains, and to use their modern slavery statements to demonstrate year on year progress.</p><p /><p>To enhance the impact of transparency and accelerate action to prevent modern slavery, the Government announced an ambitious package of changes to strengthen the reporting requirements on businesses and has committed to introduce financial penalties for those that fail to meet their obligations to publish statements under section 54. These measures will be brought forward as soon as Parliamentary time allows. To further enhance transparency, in March 2021, the Government launched a digital registry for modern slavery statements to make statements available in one place. The registry will make it easier for investors, consumers and civil society to scrutinise the action being taken by different organisations and monitor progress. Since launching, over 6,750 statements have been submitted covering over 22,100 organisations.</p><p> </p><p>The Government is currently reviewing its Modern Slavery Strategy and will consider whether there are further opportunities to enhance our approach to transparency in supply chains.</p>
answer given date
answer has answering body
Home Office
written answer has answering body
Home Office
Home Office
answering body has written answer
zQlNhKnc
answering body has answer
zQlNhKnc
v0YfMBoi
question has answer
zQlNhKnc
Susan Williams
answering person has answer
zQlNhKnc