Question: Does the company’s statement identify specific geographic regions (e.g. Indonesia), industries (e.g. agriculture), resources (e.g. Palm Oil) or types of workforce (e.g. migrant workers) where the risk of modern slavery is the greatest?"
Answer:
Geographic
15361730
Walk Free
2019
Verified by Steward check_circle

P.3 mentions the following:

"The results from this detailed analysis are:

•Countries on the Walk Free Foundation Index ranked as highest risk and graded 1 to 30 for exposure to Modern Slavery abuse: No spend activity whatsoever in relation to the Group’s UK activities during 2019.

•Countries ranked 31 to 50 in the risk of Modern Slavery: These countries (Nigeria, Kenya and Cameroon) accounted for £355,000 of spend for the Group’s UK activities, which was spread across legal services, IT systems and property rental. No spend was incurred on manufactured goods or low-skilled services which present a Modern Slavery risk.

•Countries ranked 51 to 100 in the risk of Modern Slavery: These countries (India, Ivory Coast, Zambia, Egypt, Ghana, Vietnam, Israel and Singapore) accounted for £5.8 million spend for the 4 Group’s UK activities, covering predominantly office-based shared services in India (£1.9mil lion) and IT contracts and services in Singapore (£3.2 million). There was minor expenditure elsewhere on property and legal services. No spend was incurred on manufactured goods or low-skilled services which present a Modern Slavery risk

•The supplier spend across all of the top 100 countries accounted for 2 per cent of Prudential plc’s spend in support of its UK activities for 2019. Recognising that we must not become complacent, we are therefore pleased that our exposure remains low across our 950 active suppliers"

Francisca S.....2020-12-02 18:17:29 UTC

No mention of specific at risk industries - just that manufactured goods are a risk (and determined that it doesn't affect the Prudential

Katharine Bryant.....2020-12-16 13:12:47 UTC

Data copied from Prudential for 2019