2017 marks the first year that all companies (with revenues of at least £36m) must provide a Modern Slavery Act disclosure. Many companies are now preparing their second statement and are seeking guidance on how to amend their statement and how to address ongoing training requirements.
Useful resources
- Modern Slavery Statement template – are you aware of what needs to be included in a modern slavery statement? Learn about the requirements and download a free template
- Modern Slavery Statement Registry – with over 3,300 statements, this registry allows you to explore what other companies in your sector are doing to eradicate slavery and how they are drafting their statements
- Business and Human Right Resource Centre – latest news from around the world on forced labour and modern slavery
- Modern Slavery Training Suite – a suite of online training courses ranging from a five-minute overview to in depth training for procurement
- Modern Slavery Act 2015 – the full text
- Home Office Updates – from time to time the Home Office revises guidance
Revised guidance on modern slavery statements
On 4 October 2017, the UK Home Office released revised guidance on how businesses should comply with the Modern Slavery Act. The Act, introduced in 2015, requires all large businesses to produce an annual statement setting out the steps they have taken to prevent modern slavery in their business and supply chains. This refreshed guidance lays out our expectations for these statements, including more explanation of what best practice looks like.
Key changes in the guidance include:
- Encouragement for small organisations to voluntarily produce statements
- Emphasis on businesses including information in relation to all six categories recommended in Section 54 of the Act
- Statements should now be published as soon as “possible” after the financial year end, rather than as soon as “reasonably practicable”, but there is still no hard deadline for publication and the expectation remains that statements should be published within 6 months following the year end
- Best practice to include the date that the Transparency Statement was approved by the board and to ensure that the director who signs it is also on the board that provided that approval
Training recommendation
Many organisations are choosing to use VinciWorks’ full suite of modern slavery training courses in order to tailor training appropriately to different job roles. A typical training plan is:
- New inductees: Modern Slavery: Preventing Exploitation – 20 minute comprehensive overview of the issue with red flags and common signs of slavery
- Procurement staff: Modern Slavery: Practical Steps for Procurement – in-depth training on red flags when dealing with suppliers
- Refresher training: Modern Slavery: Raise Your Awareness – 10 minute basic overview and common signs of slavery
Training in second year and beyond
Since an organisation’s statement details the steps taken within that financial year, each year an organisation must update its training procedures for that year. For many organisations we recommend using the online course Modern Slavery: Raise Your Awareness as ongoing refresher training on modern slavery. The course only takes 10 minutes and provides a basic overview of the topic with common red flags.
