Supply Chains Act (Bill S-211) Consulting Services
Strategic compliance and ESG advisory for the Supply Chains Act
Canada’s Supply Chains Act (Bill S-211) requires businesses to mitigate the risks and exposures related to forced labour and child labour in their supply chain and operations. This requires a strategic and comprehensive approach to compliance.
Our tailored compliance advisory services will guide you seamlessly through the complexities. Together, we will ensure your operations align with the terms of the Supply Chains Act.
-
Watch our Bill S-211 webinar
Get a complete overview of the Supply Chains Act and what it means for your business. ESG Leader Edward Olson discusses your reporting obligations, the steps required for compliance, and how you can start preparing now.
What are your challenges?
Don’t know where to start
As with any new legislation, you may not know how (or if) the Supply Chains Act applies to your business — much less how to meet your compliance requirements. Bill S-211 will require a fundamental shift in policy and reporting structures for many businesses.
Lack of visibility into your supply chain
Eliminating forced labour and child labour from your supply chains requires first knowing which areas are at greatest risk. This depth of analysis can be daunting for businesses that have never undertaken such a review, especially given the stakes.
No room for error
Failing to comply with the Supply Chains Act has significant financial, legal, and reputational consequences. You want to be sure that you’re taking the proper steps to report on and eliminate forced labour and child labour from your supply chains.
Resourcing constraints
The added steps of assessing your supply chains, addressing any findings of forced labour or child labour, closing compliance gaps, and reporting your findings are time-intensive and costly. This cannot be accomplished off the corner of someone’s desk.
How we can help
Scoping and business assessment
Create a comprehensive overview of your business structure, related activities, and supply chain. We can help you set the foundation for a tailored compliance strategy and clarify how your existing practices align with the requirements of the Act.
Risk assessment
Conduct a thorough risk assessment of your operations and supply chain. We will focus on exposures to forced labour and child labour and identify vulnerable areas — considering factors such as country, industry, and relevant goods. This will establish your foundation for targeted risk mitigation strategies.
Supplier analysis
Thoroughly analyze your supply chain to ensure it meets compliance requirements. This will help to safeguard your operations against risks from external sources, identify areas of focus and due diligence, and provide the information required to comply with the Supply Chains Act.
Compliance review
Identify, assess, and document supplier due diligence. We will focus on how each supplier assesses its effectiveness in eliminating forced labour and child labour in their supply chain and make recommendations based on our findings.
Process enhancement
Enhance your procurement processes and embed compliance into daily operations and supplier relationships. We will provide insights, tools, and templates to minimize the risk of compliance gaps and ensure you meet your Bill S-211 requirements.
Strategic reporting
Receive a detailed compliance report outlining how your business adheres to the Act and a roadmap for continuous improvement. We can also help you with Public Safety Canada’s online questionnaire and attestation requirements.
Do you have to report under the Supply Chains Act
Use this flowchart to determine whether your business is required to report on forced labour and child labour in your supply chains.
Are you an entity under the Supply Chains Act?
Use this flowchart to determine whether your business is an entity, as defined by the Supply Chains Act.
Begin your journey to Supply Chain Act compliance
Want to learn more about how we can help you meet your Supply Chain Act requirements? Fill out the form below to contact a member of our team. We look forward to connecting with you.
Insights
-
Performance
October 03, 2024
ESG materiality assessments sustainable value for business
What is an ESG materiality assessment? Discover the steps of an effective ESG materiality assessment and how it can unlock sustainable value for your business.
-
Confidence
September 18, 2024
Guideline B-15 and climate-related risk: What Canadian lenders need to know
Understanding OSFI Guideline B-15 and climate risk management. Learn how Canadian lenders can navigate climate-related risks and stress-testing frameworks.
-
Performance
August 16, 2024
What lessons did Canadian businesses learn from Bill S-211?
What lessons did businesses learn from Bill S-211? Discover what happened during the first reporting period and explore best practices for compliance.
