UK listed companies are required to report on social and environmental impacts material to their business, including information about supply chains, where this is necessary for an understanding of the business as part of annual reports.
The Government looks to businesses to be open and transparent in responding to consumers’ interest in where and how the products they source have been manufactured, including the use of raw materials. Since being introduced, we have seen more businesses open up about their supply chains, identify high-risk areas and introduce tailored steps to support vulnerable workers.
The Government response to the Transparency in Supply Chains consultation, published on 22 September 2020, committed to taking forwards an ambitious package of changes to strengthen and future-proof the Modern Slavery Act’s transparency legislation, including:
The Home Office announced a series of measures to strengthen the Modern Slavery Act, including introducing fines for businesses that do not comply with their transparency obligations. We will introduce the necessary legislation, setting out the level of those fines as soon as parliamentary time allows.
BEIS and the Home Office are also working in partnership with the industry through the Apparel and General Merchandise Public and Private Protocol, a partnership between enforcement bodies and industry partners, including, the British Retail Consortium, UK Fashion and the Textile Association. This is aimed at tackling all forms of labour exploitation in the garment industry.