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"This statement is made pursuant to section 54(1) of the Modern Slavery Act 2015 and constitutes Warburg Pincus International’s slavery and human trafficking statement for financial year 2021."
Warburg Pincus stated they are committed to compliance with the UK's Modern Slavery Act. They released this statement in the document:
Warburg Pincus International is committed to compliance with the MSA and endeavors to ensure that its suppliers do not allow slavery or human trafficking in their businesses. A substantial portion of Warburg Pincus International’s suppliers consist of professional services firms, who provide legal, financial and commercial advice relating to investments, and are generally considered low risk from a slavery and human trafficking perspective. Warburg Pincus International takes several steps to evaluate our supplier chain including:
-Updating Warburg Pincus International’s internal policies;
-Evaluating supplier risk;
-Updating contractual terms for Warburg Pincus International’s suppliers where relevant;
-Assembling internal working group, including members from Communications, Compliance, ESG, Legal, and Office Services departments, and raising awareness internally; and
-Providing periodic training to relevant employees.