Exploring the forces that are about to shape the lives of procurement and supply professionals, with the Chartered Institute of Procurement and Supply (CIPS)
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Exploring the forces that are about to shape the lives of procurement and supply professionals, with the Chartered Institute of Procurement and Supply (CIPS)
CIPS Foundation tackles modern slavery: the five hundred billion dollar crime in your supply chain
CIPS Futures
28 minutes
1 month ago
CIPS Foundation tackles modern slavery: the five hundred billion dollar crime in your supply chain
An estimated 28 million people are employed in forced labour in supply chains. Procurement professionals are on the frontline of this global crime - one estimated to be worth half a trillion dollars. It is a challenge the CIPS Foundation is working with UK-based modern slavery charity Unseen to tackle head on by providing funding to turn data from its Modern Slavery & Exploitation Helpline into actionable insights for procurement professionals.
In this CIPS Foundation special we lift the lid on an issue that exposes organisations to significant financial, legal and reputational risks - where "plausible deniability" is no longer an option and fundamental human rights are at stake. Andrew Wallis OBE, CEO of Unseen, and Sodexo's Madeline Fitton MCIPS, founder and chair of the BSA Modern Slavery Council, share what progress has been made 10 years on from the UK's landmark Modern Slavery Act.
We uncover the scale of the challenge facing procurement, address why effective legislation must be designed as a "spiky carrot", and provide essential advice on how to identify and respond to modern slavery in your own supply chain.
Further reading:
Learn more about the CIPS Foundation
Read: How the CIPS Foundation is supporting Unseen
Watch: CIPS Foundation & Unseen tackling modern slavery together
Find out more about Unseen and the Modern Slavery & Exploitation Helpline
CIPS Futures
Exploring the forces that are about to shape the lives of procurement and supply professionals, with the Chartered Institute of Procurement and Supply (CIPS)