CCLA (Churches, Charities and Local Authorities) Investment Management has published its Modern Slavery UK Benchmark for 2023. The CCLA is one of the UK's most important advisors for eithical and responsible investors, and their benchmark report highlights which companies are leading in their approach to human rights - and which are lagging behind.
Tesco, Marks and Spencer, Next, and Unilever are amongst the companies mentioned positively in the report - but others need to do more to ensure their supply chains are free from modern slavery and forced labour abuses.
The Benchmark outlined a list of recommendations for Companies, including:
Peter Hugh Smith, the CCLA's Chief Executive, had this to say on the importance of corporate responsibility:
Large, listed companies are in an influential position to set standards, implement policies and find, fix and prevent modern slavery and we will use this benchmark to engage and to push for improvements.
Read the full report online here.