CIPS survey finds businesses are failing to complete modern slavery statements
CIPS survey finds businesses are failing to complete modern slavery statements

Businesses are not doing enough on modern slavery reporting

18 October 2017

One third of businesses have failed to complete a modern slavery statement, despite being required by law to do so

From 31 March 2016, every business with a turnover of more than £36m and a footprint in the UK has been required to publish an annual transparency statement outlining actions taken to combat slavery in supply chains. This is a requirement of the Modern Slavery Act 2015, but there are no legal consequences for businesses that do not do so.

A survey of supply chain professionals undertaken by CIPS in August found that 34% of businesses required to publish a modern slavery statement have failed to do so. TISCreport, which collects statements, found only 50.6% had been filed by those that had a year to file statements.

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