As we head into 2025, developments in modern slavery reporting,
supply chain diligence and human rights enforcement in 2024
underscore the need for companies to be live to all manner of
compliance issues throughout their supply chains, as well as the
increasing risks arising from a failure to do so. The continued
focus on this area should be expected to lead to increased
enforcement in the coming years.
To mitigate the risks of both legal consequences and
reputational damage, it will be critical for companies to
understand where and with whom they do business, and to ensure they
have processes and procedures in place to address such matters, and
to regularly update information obtained.
