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Comments
The largest potential exposure for Modern Slavery risk for AIB Group lies within our supply chains. As stated above, our Outsourcing policy requires a comprehensive due diligence process prior to the execution of the contract. We have specifically addressed the issue of Modern Slavery within our terms and conditions of contract, to ensure that our suppliers are in compliance with the UK Modern Slavery Act 2015. This includes the requirement that suppliers conduct regular Modern Slavery risk assessments within their own operations and supply chains, implement appropriate controls to prevent Modern Slavery and notify AIB
Group immediately if they become aware of any instances of Modern Slavery within their own operations and/or supply chains.
"The largest potential exposure for Modern Slavery risk for AIB Group lies within our supply chains.As stated above, our Outsourcing policy requires a comprehensive due diligence process prior to the execution of the contract. Wehave specifically addressed the issue of Modern Slavery within our terms and conditions of contract, to ensure that our suppliers are incompliance with the UK Modern Slavery Act 2015. This includes the requirement that suppliers conduct regular Modern Slavery riskassessments within their own operations and supply chains, implement appropriate controls to prevent Modern Slavery and notify AIB Group immediately if they become aware of any instances of Modern Slavery within their own operations and/or supply chains"