Learners will explore why transparency statements are important, how the section 54 of Modern Slavery impacts organisations and how to ensure that the transparency statements are compliant with the regulation.
The course also covers the different elements of a transparency statement, including organisational structure, supply chain territories and areas of risks, relevant policies in place, due diligence, training and awareness, statement approval and publication.
The Modern Slavery Act is designed to prevent slavery in the UK and became law on March 26th 2015. Section 54 of the Act requires larger organisations (currently those with a turnover of more than £36M) to release annual statements which identify the steps they’re taking to prevent modern slavery in their operations. These documents are called ‘Modern Slavery Transparency Statements’. Train your employees on the importance of Transparency Statements, what to include in them and how to ensure compliance with the Modern Slavery Act 2015.
This microlearning course on modern slavery transparency statements concludes with a short assessment to test the learner’s knowledge and understanding from taking the course. To successfully complete the course, learners must aim to answer all questions correctly. Learners will receive a certificate on completion of the course. Learners can also take the assessment again to improve their score.
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| 101 - 150 | ||
| 150+ | ||
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| 501 - 750 | ||
| 751 - 1000 | ||
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| 5000 - 10,000 | ||
| 10,000 + | ||
Included Features
Under Section 54 of the Modern Slavery Act, any organisation that supplies goods or services in the UK and have a consolidated global turnover of £36 million per annum or more to prepare a slavery and human trafficking statement (a ‘Statement’) for each financial year. The statement must be published on the organisation’s website and displayed prominently with a link on the homepage.
A modern slavery transparency statement must contain the steps an organisation has taken to prevent modern slavery in its supply chains and own business. As per the Modern Slavery Act 2015, a statement should aim to include organisation’s structure, its business and its supply chains, its policies in relation to slavery and human trafficking, its due diligence processes, the parts of its business and supply chains where there is a risk of slavery and human trafficking, the steps it has taken to assess and manage that risk, and the training available to its staff.
Business are required to update their modern slavery statements annually. Each year, businesses must assess whether their organisation meets the criteria for the preceding financial year. If it does, the modern slavery transparency statement must be published. The Home Office statutory guidance states that businesses should do this within 6 months of the organisation’s financial year-end and include the date the financial year ended.
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