Navigating the complex landscape of regulatory compliance.
Introduction
As businesses navigate through a complex landscape of regulatory compliance, Shift Critical presents an innovative solution designed specifically for Canada’s Supply Chains Act (also commonly referred to as Canada’s Modern Slavery Act).
Designed in partnership with Position Green our state-of-the-art platform simplifies supplier management, offering an easy-to-use interface that streamlines the collection of essential supplier data. This results in an improved ability to identify, analyze, and effectively report on modern slavery risks across your business operations.
The Power of Due Diligence
Canada’s Supply Chains Act is transformative because it compels companies to examine their entire supply chains for the risk of child labour and forced labour, not just at the direct Tier 1 level where the risk of modern slavery is most pervasive and difficult to detect. Shift Critical uses due diligence and a structured four-stage approach to report based on MSA guidelines.
Assessment
The first step to solving a problem is recognizing there is one. A thorough supply chain assessment is vital, employing targeted risk indicators to identify vulnerabilities – geographical hotspots, industry/product specific risks, and the nuances of employment practices that may enable these exploitative conditions.
Action
Risk identification is followed by prompt and precise action. It involves swiftly addressing potential/existing modern slavery infractions within a company’s operations and collaborating within suppliers to rectify those within the extended supply chain.
Accountability
The annual reporting legal requirement is due by the 31 of May. This isn’t just about accountability to the rule of law but to the very people impacted by modern slavery. How companies report reflects our ethical compass and commitment to transparency.
Advancement
This is about helping companies continually improve by expanding the scope of their due diligence systems and processes, supplier engagement strategies and remediation efforts (if required).
Beyond Compliance: An innovative approach
Tailored specifically for the Canadian market, our comprehensive AI-powered risk assessment tool that equips businesses to proactively tackle child labour and forced labour risks within the supply chain. Through automated scoring and benchmarking, we help you identify high-risk suppliers and establish corrective action plans. With full visibility, monitor your improvements and future-proof against more stringent regulations.
Our dashboard processes large amounts of data to pinpoint forced and child labour risks within the supply chains. It equips companies with key features:
- Efficient Reporting
- Risk Assessment
- Visual Dashboards
Empowering Businesses with Artificial Intelligence
Our solution incorporates cutting-edge Artificial Intelligence (AI) capabilities, providing recommended action plans that aid in enhancing supplier responsiveness. This technology allows for increased supply chain transparency and enables the monitoring of year-on-year performance.
Our AI-based solution also automates report generation, offering enhanced data analysis and deep insights, simplifying the creation of compliance reports as required under the Act.
AI Analyst generates a summary of collected data for enhanced analysis and automated reporting.
What Sets Us Apart?
Shift Critical is an advisory firm that specializes in corporate sustainability and risk management Services, providing solutions to help organizations manage and report sustainability data effectively. In addition, we offer:
- Accessible pricing models
- Customization
- Niche Expertise in the Canadian Market
- AI Integration
- Dedicated customer success team
Personalized Experience
With our Modern Slavery Solution, you can personalize your questionnaire, messaging, dashboards, and branding. This means that you can infuse your organization’s personality into your compliance process, all while leveraging our niche expertise in the Canadian market.
Scorecards for each risk assessment to enable enhanced analysis.
Three built-in risk assessments, covering an Executive Summary, Non-Inherent Risk, and Location & Industry Risk.
What Sets Us Apart?
Shift Critical is an advisory firm that specializes in corporate sustainability and risk management Services, providing solutions to help organizations manage and report sustainability data effectively. In addition, we offer:
- Accessible pricing models
- Customization
- Niche Expertise in the Canadian Market
- AI Integration
- Dedicated customer success team
Personalized Experience
With our Modern Slavery Solution, you can personalize your questionnaire, messaging, dashboards, and branding. This means that you can infuse your organization’s personality into your compliance process, all while leveraging our niche expertise in the Canadian market.
Shift Forward
As we navigate the new normal, the importance of ethical supply chains is more apparent than ever. Join the ranks of sustainability leaders who rely on Shift Critical for their compliance needs. Infused with expertise from leading sustainability specialists, our solution supports global customers in their journey towards a more transparent, resilient, and ethical supply chain.
