17/10/16 Only 2 UK groups issue rigorous statements on steps taken to address risk in their supply chains.
Marks and Spencer and SABMiller, now part of Anheuser-Busch InBev, were the only two FTSE 100 companies so far to issue rigorous statements on their actions to combat the risk of modern slavery in their supply chains, a study has found.
Only 27 groups in the FTSE 100 have reported under the Modern Slavery Act. Their statements were analysed and the companies scored on their actions and extent of their disclosure under the legislation, in a report by the Business & Human Rights Resource Centre.
The UK passed the act last year, under which any company with a turnover of more than £36m operating in the country is required to issue report on the steps it is taking to address the risk of modern slavery in its business. It is the first national legislation of its kind.