Eliminate slavery and build brand loyalty with the global
platform for Modern Slavery Act (MSA) compliance

Background

Increasingly integrated global supply chains have made it harder to tell whether products that are stamped “Made in XYZ” have at some stage used slaves or underage children in other countries as part of the production process. The International Labour Organisation believes that 21-42 million people worldwide are forced labourers, half of them in the Asia-Pacific region. In response, governments around the world have introduced ‘modern slavery’ legislation in a coordinated effort to rid the world of slavery.

Legislation

Modern slavery legislation first appeared in the US in 2010. The UK passed their Modern Slavery Act (‘MSA’) in March 2015 – the first of its kind in Europe – and appears to be leading the global direction. In 2017 the 45-member countries of the Bali Process Forum committed to The Indo-Pacific MSA. In Australia, the federal parliament passed the MSA Bill in 2018, modelled largely on the UK Act, apart from three controversial differences: no penalties for non-compliance, no independent oversight, and a higher revenue reporting threshold of $100 million. NSW, with the support of the federal Labor party, passed its own MSA, which is more in keeping with the UK Act, with a lower revenue reporting threshold of $50 million, independent oversight, and penalties of up to A$1.1 million for non-compliance. It is expected the NSW version will likely be in place nationally before the first reporting date in Australia of June 30, 2020.

Compliance

All companies exceeding the revenue threshold (£36m in UK; $50m in Australia) are required to submit an annual MSA report in every country where they do business. The report must be approved by the Board, signed by a director, posted on the company website, explain ‘the steps the organisation has taken during the financial year to ensure that slavery and human trafficking is not taking place in any part of its business or supply chain’, and demonstrate continuous improvement year on year towards best practice across six reporting areas:

  • ● Organizational and supply chain structure
  • ● Company policies
  • ● Due diligence processes
  • ● Risk assessments
  • ● Effectiveness of measures in place
  • ● Training for staff and suppliers

About SlaveCheck

SlaveCheck is a cloud-based platform which provides buyers and suppliers with an automated, cost-effective way to meet their MSA compliance obligations. The Cloud platform is purpose built to support buyer and supplier companies globally in progressively eliminating slavery, and building brand loyalty among increasingly ethical consumers and investors. The platform provides transparent, automated risk assessment, reporting, and corrective action planning & tracking.

Founded in 2017, SlaveCheck facilitates the collection, analysis and coordination of human and labour rights data to spark change in global supply chains, and improve the lives of those impacted by human rights violations.

SlaveCheck is a wholly-owned business unit within CSP Innovate, based in Sydney, Australia.

Contact us for more information or visit SlaveCheck