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"We have a robust process that aims to ensure we only work with appropriate suppliers who can meet the standards that we expect. Our contracts require all suppliers to comply with all applicable laws and regulations and in addition, we require higher risk categories of suppliers to operate in accordance with our Supplier Code of Conduct.3 This outlines how we manage human rights in our supply chain by encouraging behaviours and practices consistent with our own policies and is owned by Barclays Chief Procurement Officer.

Our Supplier Code of Conduct makes specific reference to the International Labour Organisation Core Conventions and the UK Modern Slavery Act 2015. Of particular relevance is the requirement for suppliers to support freely chosen employment: work that is completed voluntarily and without slavery, servitude, forced or compulsory labour and human trafficking. When contracting with suppliers, regardless of the industry or geography in which the supplier operates, these obligations must be included in any downstream contracts. Our usual practice is to notify potential suppliers about this as part of our requirements before they submit a commercial bid."