Today there are 16 million slaves in business supply chains. The UN Guiding Principles on Business and Human Rights (UNGPs) confirm that corporations are responsible for respecting human rights in their own activities and supply chains. This includes taking action to tackle modern slavery. Based on the UNGPs, the UK Modern Slavery Act and the Australian Modern Slavery Act require certain corporations to publish a Modern Slavery Act Statement. The Modern Slavery Act Statement should inform the public about the steps a company has taken and will take to prevent and mitigate modern slavery risks. To comply with the respective legislation every Modern Slavery Statement has to be provided in a specific format and needs to fulfill specific requirements specified by the Australian and UK Governments.