Cross-Industry Template Supports Private Sector
Submitted by iPoint-systems gmbh
iPoint is excited to announce the launch of eLRT Lite, a free, open-access, Excel-based, business-to-business reporting tool designed to support companies in their compliance with global human trafficking and modern-day slavery legislation. The template facilitates the collection, communication, analysis, and reporting of critical anti-slavery measures through companies’ global supply chains in accordance with the regulatory and company-specific requirements.
Eight global laws and trade agreements covered
eLRT Lite is a simplified version of the electronic Labor Rights Template (eLRT), an industry standard launched in November 2016. It is based on a set of eight recent US, EU, and UK human trafficking and slavery laws and trade agreements directed at the private sector, including the E.U. Non-Financial Reporting Directive (2014), the U.S. Federal Acquisition Regulation (2015), the U.K. Modern Slavery Act (2015), and the US Countering America's Adversaries Through Sanctions Act (2017). The legal obligations have been translated into 14 core questions that companies using the template can apply to collect data from their global supply chains. The template is structured according to the OECD’s internationally recognized five-step due diligence framework.
Risk management tool
eLRT Lite can be used broadly across any industry sector and any supply chain to identify and mitigate risks related to human trafficking and modern slavery.
“eLRT Lite is a sector-agnostic, compliance-focused template which covers the current set of legal requirements and addresses modern slavery risks many companies around the globe face. The Lite version streamlined, as the name suggests, to facilitate the communication of essential, must-know information on anti-slavery measures in supply chains,” states Dr. Chris Bayer, principal investigator at Development International and architect of the original eLRT tool.
Field Trials with Corporate Stakeholders
To ensure its sensitivity, robusticity, and responsiveness to the present reporting requirements and at-risk labor practices, eLRT Lite has been thoroughly tested by experts and practitioners drawn from the private sector.
“By working closely with several stakeholders from the corporate world, we were able to enhance the functionality and usability of eLRT Lite”, says iPoint CEO Joerg Walden. “Our pragmatic, user-centered approach includes offering software solutions that meet our customers’ business needs, all while fully aligned with present legal and market-specific requirements,” he adds.
Standard tool for anti-slavery and anti-human-trafficking compliance
For Joerg Walden, “eLRT Lite is designed to become the standard reporting tool for anti-slavery and anti-human-trafficking compliance in any industry sector where goods or services are rendered.”
“I’m very excited about the release of eLRT Lite,” emphasizes Tolga Yaprak, senior consultant at iPoint responsible for the creation of eLRT Lite. “While market demand was the primary driver for creating this easy-to-use, free tool, it was also the right thing to do. Therefore, I’m not only very proud of our team here at iPoint and of our external stakeholders, but also profoundly humbled to be a part of such an important initiative. With this tool, iPoint can leverage their long-standing experience with global data collection and risk management solutions to facilitate the eradication of forced labor, modern slavery, and human trafficking.”
The Excel-based template is available for download free of charge on the website www.elrt.org. In parallel, iPoint is also developing a cloud-based eLRT module as part of its supply chain stewardship solutions portfolio with features and functionalities to automatize the collection, analysis, management, and reporting of relevant anti-slavery and anti-human trafficking data.
iPoint is a leading provider of software and consulting for environmental and social product compliance, and sustainability. Tens of thousands of companies around the globe rely on iPoint for managing, tracking, analyzing, and reporting data across the whole value creation network. iPoint’s software and consulting services support you in meeting and staying one step ahead of regulations and requirements such as REACH, RoHS, WEEE, ELV, Conflict Minerals- and Modern Slavery-related laws, as well as other trending developments in the compliance and sustainability arena.
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