Question: Does the modern slavery statement define the performance indicators against which the company measures the effectiveness of its actions to combat slavery and trafficking? E.g. number of audits done, number of employee training provided
Answer:
In Development
8140526
Walk Free
ANZ Group
2020
Verified by Community check_circle
updated over 2 years ago by cjg2194

page 13:"We are still developing our approach to measure the effectiveness of how we assess and manage modern slavery-related issues. Currently we monitor compliance with our policies through our audit teams; complaints raised through our whistleblowing channel; training attendance and supplier screening. We look into potential environmental, social and governance allegations – including modern slavery-related issues – across our customers and suppliers, and engage with them to understand how they are responding.

Effectiveness measures we have include:

• A goal to train 100% of our procurement staff on modern slavery.

• Fostering a ‘speak up’ culture within ANZ that helps to ensure issues such as modern slavery are appropriately escalated. This would be tracked through increased whistleblowing rates to show uptake of the Whistleblower hotline.

• Our assurance team conduct testing on customer and supplier information to test our financial crime controls."

cjg2194.....2021-11-14 00:56:23 UTC