New British Standard on Modern Slavery

BS 25700 provides organizations with guidance for addressing the risk of modern slavery, including prevention, identification, response, remediation, mitigation, and reporting.

 

The Benefits to Businesses Include:

 

*A holistic approach to addressing modern slavery that puts people at the heart of an organization
*Effective management of the risk of modern slavery in a way that supports human rights due diligence
*Demonstration of organizational commitment to ESG which helps build confidence in your organization’s governance and ethics
*Positive business reputation
*Increased sales and customer loyalty, as consumers seek businesses with higher ethical standards
*Greater ability to attract talent and staff retention
Improved investor confidence
*More responsive and stable supply chains

 

This article was originally posted on bsigroup.com 

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