Glossary · Document types

Modern slavery statement

A modern slavery statement is a published statement, required by the UK Modern Slavery Act 2015 of businesses over £36m turnover, describing the steps taken to prevent modern slavery in operations and supply chains.

Full definition

Modern slavery statement is defined as: A modern slavery statement is a published statement, required by the UK Modern Slavery Act 2015 of businesses over £36m turnover, describing the steps taken to prevent modern slavery in operations and supply chains.

Larger suppliers must publish a statement each financial year, signed by a director and hosted on the company website. Smaller suppliers often publish a shorter statement voluntarily because clients request it.

When you request one, capture the URL, the reporting year and the signatory. A statement that is more than one financial year old should be refreshed.

Questions and answers

Put it into practice

Manage modern slavery statement in Credbase.

Credbase brings every supplier document into one workspace, tracks expiry dates for you and turns the whole set into a shareable evidence pack. Free to start, no card required.