Radley Yeldar’s Louise Ayling counters the argument that sustainability communications are “nothing but irrelevant PR puff designed to placate stakeholders and proffer a softer, more caring side of business”.
Businesses are failing to produce updates on investigations into slavery within supply chains, but there is not punishment for non-compliance.
When your company grows, so too do your legal obligations. For example, if you foresee your business making an annual turnover of £36m, then you’ll need to start crafting a modern slavery statement. But did you know it should still be on your radar no matter your size?
Simon Whitehead, partner at HRC Law LLP brings clarity on what section 54 of the Modern Slavery Act means for businesses and how to produce that all-important statement.
If you run a business where you can't afford to pay a proper wage, then you're not running a proper business.
From 1 April 2016, under the terms of the Modern Slavery Act, UK businesses with a turnover of £36m and over will be required to make an annual statement which sets out the steps being taken to stamp out slave and child labour from supply chains. If you've never heard of it then you're not alone, but it will probably have an impact on your business.
Segura Systems, the retail technology provider of Debenhams, has received a £2m Series A investment from VC firm Octopus Ventures to fight modern slavery and encourage ethical supply chains.