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Question: Does the investor disclose in its modern slavery statement that it collaborates with industry and non-industry stakeholders to learn from experts and peers and/or lift the industry standard for preventing, identifying, and mitigating modern slavery, labour exploitation and human trafficking risks, and enabling effective remedy for harms caused or contributed to?
Answer:
Yes
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Walk Free
Industry initiatives and collaborations (sector specific)
Legal & General Group
2020
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updated about 1 year ago by Singh Anjali
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Legal & General Group MSA Statement 2020
www.legalandgeneralgroup.com
252
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pg. 8

"We have been active in seeking out our peers and organisations who face the same challenges, to leverage our purchasing power for good. We understand that collaboration is vital to tackling Modern Slavery in businesses and we will continue to work with business peers and industry bodies to help deliver this agenda.

To that end, in July 2020, we joined the Gangmaster and Labour Abuse Authority (GLAA) Construction Protocol.

We actively collaborate with industry bodies such as the Homebuilders Federation, the Chartered Institute of Building, and the Construction Industry Council; and participate and collaborate in initiatives such as the Construction Clients Leadership Group.

In 2019, Legal & General was invited to be a member of a new global group of companies called Business for Inclusive Growth (B4IG). B4IG is a new organisation established by the internationally respected Organisation for Economic Cooperation and Development (OECD) to support inclusive growth. We continued our work with this body in 2020.

We are also participants of an initiative, spearheaded by Rathbones, to call to account any FTSE 350 companies that may not be complying with the Modern Slavery Act 2015.

These important collaborations ensure that we can raise awareness of key Human Rights issues such as Modern Slavery. Not only do we raise awareness inside our own eco-system, our collaborations create greater leverage to make significant changes for the benefit of workers and potential victims of Modern Slavery."

Singh Anjali.....2022-03-14 10:08:36 UTC