Modern slavery is the new frontier of the corporate responsibility to respect human rights. Governments now view business entities as an effective conduit in the protection of human rights.
This shared global view has been expressed in international forums such as the G20 and the Bali Process, both of which have addressed the need to underline the responsibility of business entities in responding to modern slavery.
Legislation already exists in California, the United Kingdom & Australia.
Whilst modern slavery reporting legislation differs from country to country, commonly, such legislation requires captured entities to annually prepare and publish a statement about its efforts to eradicate modern slavery in its operations and along its supply chains. Generally, the statement would be required to identify the reporting entity, and to describe: