Company Disclosure: How the Modern Slavery Act requirements fits into the broader human rights requirements of the UN Guiding Principles on Business and Human Rights and the Companies Act 2006 non-financial reporting requirements
The UK Modern Slavery Act 2015 (MSA) received Royal Assent in March 2015. The Act requires that ‘commercial organisations’ providing goods or services, with a turnover of greater than £36 million publish a ‘Slavery and Human Trafficking Statement’.
The Companies Act 2006 places disclosure obligations on listed companies to report on their social, community, environmental issues and human rights issues. They are also required to develop key performance indicators.
The UNGPs provides a framework for business to address human rights due diligence.
This guide is also found in the MSA toolkit.
