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25 Nov 2014

Rathbone Investment Management, Hermes Investment Management

Press Release: Investors support inclusion of supply chain reporting in Modern Slavery Bill

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Investors with a total of £940billion in assets under management are backing the Government’s recent commitment to include proportionate supply chain reporting requirements in the Modern Slavery Bill. The Government’s introduction of the Modern Slavery Bill gives Parliament an opportunity to act decisively to protect the victims of modern slavery, and thereby establish the most effective regime in the world for the prosecution of slave masters and traffickers. More than 20 asset managers have already added their support for the inclusion of Transparency in Supply Chains (TISC) legislation within the UK Modern Slavery Bill, including; Rathbone Investment Management; Hermes; Aviva Investors; Alliance Trust; BNP Paribas; CCLA; The Church Commissioners; Henderson Global Investors; Royal London Asset Management; WHEB; The Pensions Trust; The Joseph Rowntree Charitable Trust; Barrow Cadbury Trust; Boston Common Asset Management; Calvert Investments; Christian Brothers Investment Services, Inc; CBF Church of England Funds; Church Commissioners for England; Church of England Pensions Board; Ecclesiastical Investment Management; Newton Investment Management; Worcester Diocesan Investment and Glebe Committee.

Part of the following timelines

UK Modern Slavery Act & Modern Slavery Registry

Investors support inclusion of supply chain reporting in Modern Slavery Bill