Modern Slavery Act 2015
The Modern Slavery Act 2015 (‘the Act’), which came into effect in October the same year, signalled a new drive in the fight against slavery. It includes a duty on businesses to play their part in stopping modern slavery in global supply chains.
BDO LLP is committed to being a responsible business and complying with the requirements of the Act.
Section 54 of the Act (Transparency in Supply Chains) requires BDO to publish a statement on its website of the steps taken during the financial year to ensure that slavery and human trafficking is not taking place in any of our supply chains or in any part of our own business. Suppliers are those businesses that supply either goods or services (or both) to the firm.
Consistent with the requirements of the Act, we have:
- Risk-assessed all current suppliers and sought a positive confirmation from material suppliers of their compliance with the Act
- Changed the firm’s supplier contracts requiring suppliers’ compliance with the Act either at contract renewal or at engagement.
- Risk assess all new suppliers to the firm
- Seek to replace suppliers who fail to provide adequate evidence that they comply with the requirements of the Act.