It is estimated that about 25 million people across the globe are forced into modern slavery. The UK has developed the principles to tackle the scourge of contemporary slavery in global supply chains. The principles, developed in conjunction with the US, Australia, New Zealand, and Canada anticipate that these nations can use their massive purchasing power to prevent forced labour in global supply chains.
Modern Slavery Act 2015
The UK introduced the Modern Slavery Act in 2015 with the aim to get businesses to prevent exploitation of labour in their supply chains. The Act requires large businesses to publish an annual report showing the steps they have taken to prevent modern slavery in their supply chains.
With globalisation and businesses procuring products, components, and services from different corners of the world, the Modern Slavery Act 2015 ensures that they do not maximise their profits by being complicit to forced labour.
The Modern Slavery Act 2015 identifies four principles and encourages other nations and businesses to adopt them. Publishing the steps taken to avoid modern slavery is not enough.
Principles of Modern Slavery Act 2015
Governments should take measures to prevent and deal with human trafficking in government procurement
Governments should analyse, develop, and introduce measures to identify and prevent human trafficking in procurement supply chains
Provide contractors and procurement professionals with the tools and incentives to ensure risk assessment
Take determined measures to prevent and reduce human trafficking
Governments should work with the private sector to prevent and handle human trafficking in their supply chains
Ensure stakeholders conduct due diligence to identify and prevent human trafficking in supply chains
Provide tools to the private sector to report their efforts to tackle human trafficking in their supply chains
Governments should encourage responsible recruitment practices and policies
Implement and provide an incentive for responsible recruitment policies
Boost knowledge about recruitment practices to prevent exploitation and fraud in recruitment, protecting workers and candidates
Governments should ensure the same standards to ensure worldwide harmonisation
Share knowledge and practices with other governments
Align laws and regulations to combat human trafficking across global supply chains
Procurement interims and professionals across industries should be aware of the principles, introducing them in their supply chains to comply with the Act and address modern slavery.
Nick has over 30 years procurement experience in consulting, outsourcing and line roles within industry with international experience across many sectors and industries and led many procurement programs with blue chip organisations.