In the modern slavery transparency statement published by Equistone, we clearly see the mention of corrective measure that will be taken in the future in order to ensure that modern slavery is eliminated and workers are protected from the risks. The quotations from the statement, show that these plans are formulated and are in development.
" We will consider appropriate targeted training sessions for certain employees where necessary. "
" We will engage with our suppliers in an effort to eliminate modern slavery, human trafficking and servitude in our firm and supply chains and promote the positive behaviours outlined by the Modern Slavery Act of 2015 and related guidance. "
" In order to achieve this we are committed to making investment decisions and operating our business to ensure that we respect human rights, comply with current environmental and social legislation, and seek to follow industry standards and best practices. "
In addition to this, there is also a reference made on how the issue would be dealt with if ever an issue was identified.
" We will monitor progress of our efforts in this area, and issues (should they arise) will be reported to the Head of Investor Relations, the Chief Operating Officer or the General Counsel. We will work to resolve any issues through legitimate and proportionate procedures. "
These evidences along with the mention that Equistone would not invest in companies that do not comply with their legal regulations or respect human rights (Responsible Investment Policy) show that there is adequate mention of responsive steps with regards to issues arising around modern slavery.
We will monitor progress of our efforts in this area, and issues (should they arise) will be reported to the Head of Investor Relations, the Chief Operating Officer or the General Counsel. We will work to resolve any issues through legitimate and proportionate procedures.2