What is the best approach for procurement professionals when dealing with risks of modern slavery in sub-contractors?

The best approach for procurement professionals when dealing with risks of modern slavery in sub-contractors involves requiring certification of responsibility from the supplier. This strategy is important because it establishes a formal commitment from suppliers to adhere to ethical labor practices and standards. By mandating certification, organizations can ensure that their suppliers are not only aware of their legal and ethical obligations but also actively adhering to these standards.

Certification often involves third-party verification, which helps to build trust and accountability within the supply chain. It demonstrates a proactive stance in mitigating the risks associated with modern slavery and promotes transparency, which is crucial in identifying and addressing potential human rights violations.

Adopting this approach enables procurement professionals to create a more responsible supply chain, ensuring that all vendors and sub-contractors align with the company’s ethical standards. This is vital not just for compliance and risk management but also for protecting the brand reputation and fulfilling corporate social responsibilities.