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Chestnut Associates

We keep the heart of your business safe

Call us today on 07770 302504  |  Email  |  FREE 15min Consultation

Chestnut Associates

We keep the heart of your business safe

Call us today on 07770 302504  |  Email  |  FREE 15min Consultation

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The Modern Slavery Act

By Joanne Hunt
Friday, February 19, 2021

Modern Slavery Act Policy

There are many policies that you require within your business and this is one that you may require.

Modern Slavery Act PolicyIs your business at risk of failing to comply with the Modern Slavery Act?

It is said that the UK construction industry is one of the sectors where modern slavery is most likely to be prevalent. About one in eight of nearly 1,300 slavery cases recorded by Britain’s anti-slavery hotline in 2017 involved the construction industry, according to charity Unseen, which runs the service. Earlier in 2020 11 individuals were identified as potential victims of Modern Slavery after a joint operation was launched into an organised crime group suspected of trafficking Romanian nationals to the UK, to be exploited in the construction industry. With cases of modern slavery on the rise in the sector, it’s vital that businesses know how to deter, detect and deal with modern slavery.

Are you compliant with the Modern Slavery Act?

As of 31 March 2019, UK businesses with a turnover of £36 million or more are required to have an up-to-date modern slavery statement in a prominent position on their website. The statement should set out the steps they have taken in the last financial year to ensure slave and child labour is not in its business or supply chain.

What should a statement include?

  1. Details of policies and procedures your company has established to reduce the risk of slavery occurring in its supply chains.
  2. Who has responsibility for anti-slavery initiatives.
  3. What due diligence is carried out with regards to your supply chain.
  4. How you train your staff on anti-slavery measures

What if my business’s HQ is based outside of the UK?

Every business supplying goods or services in the UK that has a total global turnover of £36m or more per annum is required to produce a modern slavery statement for each financial year. This means that overseas organisations doing business in the UK may well be subject to the reporting requirements.

What happens if my statement is not up to date?

Even if your business has published a statement in the past, the Modern Slavery Act requires a statement to be published each year. Therefore, all existing statements should be reviewed and updated as necessary to ensure compliance. From 31 March 2019, employers risk being publicly named and shamed on the Government’s list of organisations that have failed to publish a statement on their website detailing the actions they have taken to ensure that slavery and human trafficking is not taking place in their business and supply chains.

What if my business is under £36 million turnover?

It is still best practice to have a modern slavery statement, even if your business turns over less than the Government requirement, and it is often a requirement of a PQQ. It is one of the pieces of information collected and verified by an online contractor management system accreditation along with financial, environment, quality management, equality, GDPR, anti-bribery, right to work, building information modelling and references.

This accreditation reduces the need to provide compliance information to various clients at different times to win new business opportunities. As a contractor, you sign up and submit details on one platform, once a year, opening you up to over 400 corporate clients who are looking to work with safe, sustainable, ethical businesses, just like yours.

Please let me know if you need any further information joanne@chestnutassociates.co.uk

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