SUPPLY CHAIN TRANSPARENCY & MODERN SLAVERY DISCLOSURE
Human trafficking and modern slavery impact people on a global scale, in every country, including in the United States. “Trafficking,” “human trafficking,” “modern slavery,” and “forced labor” are terms often used interchangeably to describe forced labor, involuntary domestic servitude, sex trafficking, bonded labor and/or debt bondage, with the primary emphasis on the traffickers’ aim to exploit their victims1. The staggering negative impact of of this creates complex socioeconomic and political challenges. These reach to from poverty, to discrimination, and forced migration2, and are especially prevalent under repressive regimes and during times of social unrest, conflict, and war3. Studies show that in 2016, there were an estimated 25 million people in forced labor through the world4. Of that 25 million, over 16 million were exploited in the private sector5. These apalling numbers offer a peek into the importance of private sector action in addressing slavery, and why governmental bodies globally are enacting laws requiring companies to report on their identification, prevention, and mitigation of modern slavery risks within their supply chains. As an expanding company with global operations and sales, Cassandra Bankson LLC is committed to addressing these risks. Addressing and mitigating human rights violations is a fundamental part of our company’s operations and culture, and in addition to meeting legal requirements, we work to uphold best practices to protect human rights. The following disclosure is structured to meet requirements and laws set forth in legal jurisdiction, including the California Transparency in Supply Chains Act, UK Modern Slavery Act, and Australia’s Modern Slavery Act Of 2018.
The California Transparency in Supply Chains Act can be seen here: https://oag.ca.gov/SB657
- UK Modern Slavery Act can be seen here:
- Australia’s Modern Slavery Act Of 2018 can be seen here: