Modern slavery—key performance indicators—law firms

The following Practice Compliance practice note provides comprehensive and up to date legal information covering:

  • Modern slavery—key performance indicators—law firms
  • Why use KPIs?
  • Think SMART when setting KPIs
  • Illustrative KPIs

Modern slavery—key performance indicators—law firms

Section 54(5) of the Modern Slavery Act 2015 (MSA 2015) identifies six categories of information that may be included in a firm's slavery and human trafficking statement. One of these categories is information on the firm's effectiveness in ensuring slavery and human trafficking is not taking place in its business or supply chains, measured against such performance indicators as it considers appropriate.

The UK government’s official guidance on MSA 2015, s 54 states that firms can report on key performance indicators (KPIs) in two broad ways by providing information on:

  1. existing KPIs and whether they make their business or supply chains more vulnerable to modern slavery, and

  2. KPIs introduced to measure the performance of anti-slavery actions undertaken

This Practice Note focuses on KPIs used to measure the effectiveness of a firm's anti-slavery actions, with illustrative examples of KPIs provided on a generic basis.

Why use KPIs?

KPIs are quantifiable measures used to gauge performance against one or more objectives over a specified period of time. In the context of modern slavery, the Statutory Guidance notes that KPIs are important in driving the performance of a business and shaping the way it operates and that:

'carefully designed KPIs could help a business to demonstrate as early as possible if they are making progress over time in preventing modern slavery in their business and supply chains'

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