3: Risk assessment, prevention and mitigation

Contents

Key Content

List of the most salient, severe and tractable modern slavery risks initially identified
Overview of existing risk assessment policies and procedures, noting where they are relevant to modern slavery and where responsibility resides for them within the business

As Level 1, plus:

Modern slavery risk register that is regularly reviewed by the Board or equivalent
Analysis of organisational leverage to address priority risks, including degree and kind of responsibility
Evidence of engagement with workers’ organisations to help identify risks

As Level 2, plus:

Evidence of ongoing revision and refinement of modern slavery risk register and associated policies and procedures
Preventive approach to managing risks

Risks may be disaggregated by: country, region, sector, relationship (with supplier, contractor, partner), good or service supplied
Data on likely risks associated with e.g. country or region taken from authoritative sources such as the US State Dept Annual TIP Report; ITUC Human Rights Index, Global Slavery Index
Identification of known severe and tractable risks (i.e. where the business can do something about them)
What constitutes a priority or tractable risk should be proportionate to the size, capacity and degree ofresponsibility borne by the organisation
Description of engagement with internal and external stakeholders (e.g. buying teams, regional teams, regional NGOs and trade unions) in understanding and prioritising risks