Modern Slavery Reporting and Regulation

It has been too long since we had an accountant on the show, so it’s time to rectify that! Jan and Paul welcome Dr Mahmoud Gad to talk with them about his important work with the Financial Reporting Council and the UK’s Independent Anti-Slavery Commissioner on companies’ modern slavery reporting.

What effects do regulations have? How can we encourage companies to treat modern slavery reporting as more than a tick-box exercise? How can AI be used to help tackle the larger problem? How can it be that only 15%of companies work with their suppliers to improve labour rights practices? Can Jan and Paul stop themselves going off on too many tangents? And does Jan really call statistics meaningless?

Find out more about the work taking place on modern slavery in Lancaster University Management School here: https://www.lancaster.ac.uk/news/spotlight/modern-slavery/

Read the report Modern Slavery Reporting Practices in the UK, here: https://media.frc.org.uk/documents/FRC_Modern_Slavery_Reporting_Practices_in_the_UK_2022.pdf