Modern slavery rankings, Myanmar leads on charity, and shareholders missing out on sustainability data
Companies slow to report modern slavery risks
Only 27 UK companies among the FTSE 100 have so far reported on their actions to stamp out forced labour in their supply chains, as required under the Modern Slavery Act. Of these, none is judged to be high-performing. The Business and Human Rights Resource Centre ranked the reporting companies in 10 tiers, according to their compliance measures and disclosure practices. Almost half are classified in the bottom three tiers. The two best performers - Marks & Spencer and SAB Miller – only made it into tier three (with tier one being the higher). Reporting on training and effectiveness received the lowest average score across measurement areas; 1.4 and 1.0 out of five, respectively.
A separate survey by UK supply chain specialists Historic Futures and human rights consultancy Ergon sheds a brighter light. More than three-quarters (76%) of directors are now more engaged on slavery risks within supply chains than they were before the act’s introduction last year. An uptake in engagement is evident among buyers (62%) and ethical trading teams (58%) too. Reporting remains a challenge, however. More than half (56%) of the companies surveyed say they do not receive...