A register of transparency in supply chains has been set up as a central repository for corporate slavery statements.
Established by anti-trafficking charity Unseen and its partners, including CIPS, tiscreport.org will host a searchable database where consumers and investors can find details of what companies are doing to combat slavery in their supply chains.
The UN estimates there are 21m victims of forced labour internationally and on Saturday is marking World Day against Trafficking of People.
Victims of trafficking and forced labour can be found in the supply chains of every sector, and since the Modern Slavery Act 2015 came into force all businesses active in the UK with a turnover of more than £36m must write and publish an annual supply chain transparency statement.
So far, more than 100 companies have done so.
The tiscreport.org portal will give subscribing members a toolkit to help them develop their reports.
“Businesses can no longer afford to ignore slavery issues, morally and commercially. If they are unable to convincingly outline the steps they are taking to eradicate human exploitation from their supply chain, they risk damaging both their reputation and their bottom line,” said David Noble, group CEO, CIPS.
The tiscreport.org toolkit includes a statement builder to enable businesses to structure their reports based on best practice from organisations such as Unseen and CIPS. It can also help companies that lack data choose relevant performance indicators to start measure slavery in their own supply chains.
“It is an annual report so there is an iterative nature to it – it’s not a one time statement that holds good,” said Andrew Wallis, CEO of Unseen.
As well as helping individual companies to set and track their goals, tiscreport.org will provide its members with statistics on performance indicators within and across sectors. This data will share best practice so members can become more effective at finding and eradicating supply chain slavery.
“It will allow for easy comparison of reports and it will, over time, highlight development and innovation, enabling greater analysis to take place, and ensure the race to the top culture we are seeking to achieve,” said Wallis.
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