Target audience

This tool is designed for businesses and organisations, particularly those involved in supply chain management, corporate social responsibility, and sustainability. It is especially useful for finance professionals who need to evaluate and report on the social impact of their investments.

Purpose and functionality

The tool aims to help businesses assess their efforts in combating modern slavery. It provides a comprehensive framework for evaluating risks, policies, and practices related to modern slavery within their operations and supply chains.

The tool allows businesses and finance professionals to:

• Ensure compliance with legal and regulatory requirements related to modern slavery.
• Enhance the credibility of their organisation’s commitment to social responsibility.
• Identify and mitigate financial risks associated with modern slavery in their investments.
• Improve transparency and accountability in their organisation’s operations and supply chains.
• Strengthen stakeholder trust by demonstrating proactive measures against modern slavery.

Key features

• Risk assessment: The tool helps businesses identify areas within their supply chains that are most vulnerable to modern slavery. This includes analysing geographic locations, industry sectors, and specific suppliers that may pose higher risks.
• Policy evaluation: Businesses can assess the robustness of their existing policies and procedures related to modern slavery. The tool evaluates the comprehensiveness and enforcement of these policies.
• Performance benchmarking: The tool benchmarks a company’s performance against industry standards and peers. This comparative analysis helps businesses understand their relative position and areas needing improvement.
• Actionable recommendations: Based on the assessment, the tool provides tailored recommendations for improving policies and practices. These recommendations are designed to enhance the company’s ability to mitigate modern slavery risks.