The UK Government has published updated guidance on how businesses should prepare and publish statements under the Modern Slavery Act 2015. Although the legal requirements remain the same, the new guidance raises expectations and encourages stronger, more transparent reporting.
In this newsletter, we discuss who the guidance applies to, the key updates, and how businesses can respond.
Who needs to publish a modern slavery statement?
If your business operates in the UK and has an annual turnover of £36 million or more, you are legally required to publish a modern slavery statement each financial year. This statement must explain the steps your organisation has taken to prevent modern slavery within its own operations and across its supply chains.
The statement must be approved by the board, signed by a director, and published on your website with a link from the homepage. While smaller businesses are not required to comply, many choose to produce statements voluntarily, particularly if they supply larger companies.
Why has the guidance been updated?
The government reviewed how companies have been reporting since the law came into force. It found that many statements were too vague or repetitive and often lacked useful detail. In response, the Home Office published new guidance to improve the standard of reporting without changing the law.
This guidance sets out clearer expectations and encourages organisations to show genuine effort, continuous progress, and greater transparency when addressing modern slavery risks.
What has changed in the new guidance?
The updated guidance introduces a more structured approach to reporting. It outlines what should be included under six main areas: organisational structure, policies, risk assessment, due diligence, staff training, and monitoring of effectiveness.
There is now a suggested two-tier approach. Organisations new to reporting can follow basic expectations, while more experienced businesses are encouraged to provide deeper insights. The guidance also highlights the importance of reviewing and improving statements each year.
Transparency is a major theme. Where issues are identified, organisations should be open about them and explain how they were handled. The guidance also promotes a victim-first response, urging businesses to consider the impact of their actions on individuals rather than simply ending supplier relationships.
What does this mean for your business?
Now is the time to review your modern slavery statement and related procedures. Even if you meet the legal minimum, this may not be enough to satisfy clients, regulators, or investors.
The updated guidance encourages businesses to evaluate their approach, address any weaknesses, and demonstrate clear improvements year on year. This includes better supply chain oversight, meaningful staff training, and more open communication about risks and responses.
How 3CS can help
At 3CS, we help businesses meet their obligations under the Modern Slavery Act and improve their reporting practices. We can assess your current statement, advise on next steps, and support your team with practical tools and training.
Whether you need a full review or specific guidance on supply chain risks, we are here to help you respond effectively to the updated expectations. Contact us today to find out how we can support your business.
