Ethical Trading Initiative & Ergon Publish Good Practice Note on Combating Modern Slavery

Ethical Trading Initiative & Ergon Publish Good Practice Note on Combating Modern Slavery

Global companies have committed to combating human trafficking and slavery in their supply chains, but often lack the guidance to do so effectively. Commissioned by industry stakeholders such as CDC Group and the International Finance Corporation (IFC), the Ethical Trading Initiative (ETI) and Ergon Associates have addressed this challenge by producing and publishing a best practices document, titled Managing Risks Associated with Modern Slavery: A Good Practice Note for the Private Sector. The document references Assent Compliance as a contributor.

Human trafficking and modern slavery is a complex problem in every nation. The International Labour Organization estimates there are 40.3 million global victims of slavery, an estimated 16 million of which are entrenched in the private economy.

Is your company in scope of major human trafficking and slavery regulations such as the UK Modern Slavery Act? Download the eBook Human Trafficking, Slavery & Your Supply Chain to find out.

To combat this, regulatory bodies are introducing new and expanded legislation, and global companies are implementing human rights due diligence programs. However, many companies lack the expertise to build effective programs that collect the right data, gain visibility into factories and work conditions, and develop and communicate disclosures effectively.

The best practice note is a result of this industry need. It contains guidance for companies as they show their efforts to mitigate modern slavery in their supply chain and enhance their due diligence programs with the subject matter expertise their internal teams may lack.

Specifically, the note provides insight on:

  • Modern slavery definitions.
  • Standards and safeguards.
  • Evaluating risk and performing workplace assessments.
  • Mitigating risk and remediation.
  • Reporting and disclosing.

Companies that leverage this guidance to get a more thorough look at supplier practices will gain an advantage in the global marketplace. They will be in a better position to protect their reputation, avoid penalties, and access funds associated with human rights due diligence performance and supplier code of conduct, such as loans, credit and interest from investors.

Performing Due Diligence With the Slavery & Trafficking Risk Template

The document references the Slavery & Trafficking Risk Template (STRT) as a prominent tool that helps companies perform due diligence. This is one of several instances in which the STRT has been recognized for its immediate value over the past year.

Enterprise companies such as Google have leveraged the template, other organizations, including NPR, Organization for Security and Co-Operation in Europe, Global Business Coalition Against Human Trafficking, Seafish, Shiva Foundation and RESPECThave referenced it as a key tool in evaluating suppliers for modern slavery risk.

The STRT is updated annually to reflect new research and changes to the regulatory environment, the most recent of which introduced measures related to the Countering America’s Adversaries Through Sanctions Act (CAATSA), in alignment with insight shared through the U.S. Advisory on North Korean Labor in July 2018.

Download the Human Trafficking & Slavery Module overview and out more about how Assent helps companies mitigate the risk of human trafficking and slavery violations in their supply chain.

Assent’s Human Trafficking & Slavery solution leverages the STRT to help companies perform human rights due diligence, and does so in alignment with the guidance shared through the best practices document. It performs data collection and analysis, helping companies be more discerning about the suppliers from which they purchase goods.

Furthermore, the best practices document recommends that companies implement regular media screening and news alerts as a means of ongoing risk monitoring. It also mentions the importance of administering training, a supplier code of conduct and corrective actions as a response — all recommendations Assent supports through the most robust supply chain data management solution available.

For more information about how Assent helps companies evaluate, mitigate and remediate risk in their supply chain, contact our experts at