More action needed to combat modern slavery in construction supply chain - CHAS

Awareness of the importance of addressing modern slavery is high among construction SMEs, but there is a need to move beyond policy to action according to research carried out by supply chain risk management organisation, CHAS and the University of Nottingham Rights Lab.
The two surveyed a sample of 229 CHAS member companies, the majority of which are SMEs within the construction supply chain.

In terms of awareness of the issues, 72% of respondents confirmed that they have implemented a modern slavery policy; and 39% said they were conducting due diligence to address the issue (and have done so for more than six months).

Around 17% said their organisation had no intention of carrying out due diligence in the foreseeable future. And 50% said they currently have no intention of measuring KPIs related to modern slavery.

The report’s authors believe it is possible the vast majority of respondents have a modern slavery policy because of requirements by clients or contracts, particularly by large organisations captured by the modern slavery legislation.

However, 66% of the respondents said they do not feel pressure from the government and large businesses to address modern slavery, while 67% stated they do not feel pressure from consumers and other civil society actors to address the issue.

The Modern Slavery Act 2015 only requires companies with an annual turnover of £36m or more to report on steps taken to address the risk.

    Share Story:


Cyber risk in the transportation industry
The connected nature of the transport and logistics industries makes them an attractive target for hackers, with potentially disruptive and costly consequences. Between June 2020 and June 2021, the transportation industry saw an 186% increase in weekly ransomware attacks. At the same time, regulations and cyber security standards are lacking – creating weak postures across the board. This podcast explores the key risks. Published April 2022.

Political risk: A fresh perspective
CIR’s editor, Deborah Ritchie speaks with head of PCS at Verisk, Tom Johansmeyer about the confluence of political, nat cat and pandemic risks in a world that is becoming an increasingly risky place in which to do business. Published February 2022.