
2019 Regional Whistleblowing Hotline Benchmark Report
Data and analysis to help you benchmark your ethics and compliance programme against the world’s largest whistleblowing hotline and incident management database.
The UK Modern Slavery Act was enacted in 2015 to create more transparency throughout organisational supply chains to uncover modern slavery abuses and human trafficking. Companies that do business in the United Kingdom with an annual global turnover of £36 million or more are subject to the act and its Transparency in Supply Chain (TISC) clause. To comply, organisations are required to develop and publish a modern slavery act statement in the form of an annual report outlining the steps taken to combat human trafficking and modern slavery throughout its entire supply chain.
Modern slavery act statement examples include information on refinements to organisational structures, policies and procedures, and supply chain management that aim to eliminate all forms of modern slavery and human trafficking. These statements are to be published annually and available on the company’s website. If an organisation has taken no specific steps to ensure slavery and human trafficking free business practices, they must explicitly state so in their statement. Modern slavery act compliance programme requirements are unique in that they are designed to encourage better business practices through transparency. Enforcement therefore is driven by informing public, consumer, employee and investor groups that demand more from the businesses they work with.
Let Us Help You With Modern Slavery Act Compliance
Step 1: Update your corporate code of conduct to explicitly state the organisation’s commitment against modern slavery abuses and human trafficking.
Step 2: Implement policies and procedures that align and support your corporate modern slavery act statement.
Step 3: Offer multiple whistleblower reporting methods, including a compliance hotline, to ensure the entire workforce has the ability to report incidents that could compromise the organisation’s ability to deliver on its commitment.
Step 4: Provide compliance training to your workforce and third-party network to ensure compliance throughout the organisation and supply chain.
Step 5: Employ robust third-party risk due diligence and monitoring to ensure your supply chain operates with business practices consistent with organisational standards and regulations.
Data and analysis to help you benchmark your ethics and compliance programme against the world’s largest whistleblowing hotline and incident management database.
Compare your policy and procedure management program to industry standards and identify where your program needs improvements. Read the top challenges policy management programs face in 2019 and expert recommendations on meeting those challenges.
Based on respondents from companies of all sizes and industries across the world, we've created our first comprehensive report on compliance benchmarks to help you build a best-in-class program that addresses all compliance risk.
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