Supply chain Modern Slavery risk assessment and due diligence
Effectively identify, mitigate and manage modern slavery risk in your supply chain using ethiXbase and Norton Rose Fulbright’s Modern Slavery risk assessment module.
Assisting organisations to identify, mitigate and report on Modern Slavery within their Supply Chain
According to a report released by the United Nations, nearly 50 million people live under “modern slavery” on any given day. ILO, Walk Free, and the IOM report a significant increase in forced labour and marriage over the past 5 years.
86% of forced labour cases occur in the private sector, while 23% involve forced commercial sexual exploitation.
To address this issue, governments across the world are in the process of adopting Modern Slavery reporting requirements, which require organisations to report publicly on the steps they are taking to combat slavery and human trafficking in their supply chains. Such reporting requirements implore companies to closely examine their supply chains to identify whether there is a risk of modern slavery occurring before they can report on the steps they are undertaking.
Where EthiXbase comes in
To help organisations meet reporting requirements and effectively assess modern slavery risk within their supply chains, ethiXbase has collaborated with global law firm Norton Rose Fulbright to design and distribute a supply chain Modern Slavery Questionnaire – this risk assessment combines a questionnaire and risk computations for third-parties to allow businesses to identify the potential for human rights abuses across their supply chains.
As members of the United Nations Global Compact (UNGC), we have created a holistic solution and supply chain risk management programme to identify risks across Environmental Practices, Labour, Human Rights and Anti-Corruption.
Our solution: Modern Slavery Questionnaire
The Modern Slavery Questionnaire is offered via the ethiXbase 360 Third-Party Risk Management Platform and is an integral component of the ethiXbase Human Rights Module. It focuses on the critical areas of reputational and increasingly legal risk.
Built within the ethiXbase 360 platform, the Modern Slavery risk assessment module is an end-to-end third-party risk management solution that focuses on negating modern slavery risks within global supply chains and facilitating robust annual reporting. It is designed to help our clients elevate sustainability, ensure resilience, and deliver positive impact within their network of partners, suppliers and third-parties.
Our Benefits
Industry Leading Risk Assessment Algorithm
Quickly and efficiently identify the potential for Modern Slavery risk with a third party. Instantly distribute questionnaires, automatically trigger follow ups and easily identify where risk is present and in what areas.
Clear and Annually Comparable Risk Reporting
Critcal risk data is displayed through a comprehensive drill down analytics dashboard. Visualise the breadth of your global supply chain, your key risk areas and instantly access at risk suppliers. Additionally the ethiXbase 360 system comes pre-built with the ability to configure your own dashboards and compare and contrast reporting periods to track any improvements or declines.
Our Solution
Identify, report and resolve on Human Rights and Modern Slavery risk in your supply chain.
Our Modern Slavery and Human Rights risk assessment programme provides you with the tools to identify and resolve hidden risk within your supply chains in a truly holistic and methodological manner. The programme could begin with the new Advanced Perceived Risk Indicator™ (APRI™), a powerful tool that automatically analyses a supply chain or specific section of third parties against our Human Rights or Labour filter. This identifies high and medium-risk suppliers for further management and mitigation.
Assess modern slavery risk through the ethiXbase and Norton Rose Fulbright Modern Slavery Questionnaire
Clients can then address and assess modern slavery risk within their organisation and supply chain through using the Modern Slavery Questionnaire, developed with Norton Rose Fulbright. This uses an innovative questionnaire with an in-built formula that identifies specific risks relating to Jurisdiction, Activity, Workforce, Policies, Systems, and Human Rights.
Where needed access inbuilt industry-leading workflows for third party escalation and review
The ethiXbase 360 platform is a end-to-end modular third party risk solution. Where needed our clients can easily access due diligence measures such as sanction screening, adverse media, politically exposed persons and ongoing monitoring. Additionally multi-lingual Enhanced Due Diligence, third party training, policy attestation and more is available if indicated. Contact us to discuss your specific use case and requirements across Human Rights, Labour, Anti-Bribery and Corruption and Environmental risk.
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Modern Slavery - News & Resources
50 million people worldwide in modern slavery
Latest estimates show that forced labour and forced marriage have increased significantly in the last five years, according to the International Labour Organization, Walk Free …
EU Importers Face ESG Risks in Efforts to Ditch Russian Minerals
As European firms work to cut Russia-produced metals and other critical minerals out of their supply chains, experts warn that alternative options are scarce and …
DeSantis Amps Up ESG Attack, Banning Strategy for State Pensions
Florida Governor Ron DeSantis is the latest Republican politician to take aim at environmental, social and governance investment strategies by eliminating such considerations for the …
Are You Ready to Take the Next Step?
Start your Modern Slavery risk mitigation programme?
Our Benefits
Advanced pre-built algorithm
Analyse and easily identify high and medium-risk suppliers or third parties against our Modern Slavery or Labour pre-filter with the new Advanced Perceived Risk Indicator™ (APRI™), a pre-built algorithm within the system that allows you to scan your entire supply chain – quickly and efficiently.
Analytics dashboard
Our Solutions
Identify and resolve hidden risk within your supply chains in a holistic manner starting with APRI™
Our Modern Slavery and Human Rights risk assessment programme provides you with the tools to identify and resolve hidden risk within your supply chains in a truly holistic and methodological manner. The programme could begin with the new Advanced Perceived Risk Indicator™ (APRI™), a pre-built algorithm that automatically analyses a supply chain or specific section of third- parties against our Human Rights or Labour pre-filter. This identifies high and medium-risk suppliers for further management and mitigation.
Assess modern slavery risk through the ethiXbase and Norton Rose Fulbright Modern Slavery Questionnaire
Clients can then address and assess modern slavery risk within their organisation and supply chain through the ethiXbase and Norton Rose Fulbright Modern Slavery Questionnaire. This uses an innovative questionnaire with an in-built formula that identifies specific risks relating to Jurisdiction, Activity, Workforce, Policies, Systems, and Human Rights.
Take additional steps to further assess your modern slavery risk
In addition to the Modern Slavery Questionnaire, the platform has other functions that can help our clients determine any additional steps they may wish to take before or after the due diligence questionnaire has been distributed.
Before sending out the questionnaire, some clients opt to screen all of their suppliers against our Instant Due Diligence Plus (IDD+) reports. In doing so, they can focus their efforts on those who have prior breaches, violations, and controversies.
Our Risk-Based Due Diligence Methodology
Assess modern slavery risk easily with an approach that suits your risk methodology
Modern Slavery Whitepaper
Modern Slavery - News & Resources
50 million people worldwide in modern slavery
Latest estimates show that forced labour and forced marriage have increased significantly in the last five years, according to the International Labour Organization, Walk Free …
EU Importers Face ESG Risks in Efforts to Ditch Russian Minerals
As European firms work to cut Russia-produced metals and other critical minerals out of their supply chains, experts warn that alternative options are scarce and …
DeSantis Amps Up ESG Attack, Banning Strategy for State Pensions
Florida Governor Ron DeSantis is the latest Republican politician to take aim at environmental, social and governance investment strategies by eliminating such considerations for the …
Are You Ready to Take the Next Step?
Learn More
Get In Touch
Are You Ready to Take the Next Step?
Learn More
Get In Touch
