Altius are pleased to launch the inaugural Modern Day Slavery Survey 2017 Report, following the nationwide survey completed by the team last year.
Modern slavery has become a hot topic for procurement and supply chain professionals as firms seek to gain compliance to the new legislation launched by the UK Government back in 2015. As a result, Altius asked for the anonymous opinions of professionals throughout the UK on the impact the new legislation has had.
The report, which has been made available as a free download, shows the fascinating correlations procurement teams are facing throughout different sized companies and sectors they operate in. These correlations include:
- Poor internal processes – Respondents admit their documentation is failing to obtain vital supplier information on modern slavery.
- Lack of senior support – Over 4 in 5 respondents believe their senior management team should be doing more to ensure compliance.
- Slow supplier compliance – Almost half of all respondents are concerned at the time it takes for suppliers to prove compliance.
- No long-term strategy – Respondents do not have key modern slavery procedures in place to ensure long-term security.
The report also contains the survey respondent’s ‘Top 5 Challenges of 2017’ and what they believe the future of modern slavery compliance will look like.
Modern Slavery expert’s view
The report has been compiled with leading modern slavery experts, including educational establishment, Derby Law School, and the Rt Revd Dr Alastair Redfern. Speaking on the importance of this report, Dr Redfern, a member of the Parliamentary Select Committee who drafted the Modern Slavery Bill, said:
“This report is a model of how businesses can be encouraged to recognise the realities of the challenge of Modern Slavery, and to identify areas for improvement and the development of good practice. Such responses will mitigate risk, improve standards and help to eliminate the presence of slavery in supply chains.”