Question: Does the company’s statement detail one or more specific, organisational policies or actions to combat slavery in their direct (tier 1) and/or in-direct (beyond tier 1) supply chain?
Answer:
Suppliers comply with laws and company’s policies (beyond tier 1),
Code of conduct or supplier code includes clauses on slavery and human trafficking (beyond tier 1),
Contracts include clauses on forced labour (beyond tier 1),
Suppliers respect labour rights (wages / freedom of association etc) (beyond tier 1)
8077906
Walk Free
MSA policy (revised)
2020
Unverified - Added by Community
updated over 2 years ago by Singh Anjali

The company reports supply chains hence considered it to be beyond tier 1.

pg. 1-2

"Policies in relation to Slavery and human trafficking

LOAME is subject to the Lombard Odier Group Guidelines on Procurement which inter-alia include guidelines on corporate responsibility which favour suppliers who have adopted solid corporate responsibility policies and programs that cover and actively support ethical conduct, diversity, social responsibility and environmental sustainability (socalled Environmental, Social and Corporate Governance, or "ESG", principles). In particular, the LO Group is guided to engage with suppliers for the provision of goods or services, who:

• Strive to comply with all laws and regulations, including environmental and social laws and regulations and Human Rights principles, applicable in the countries where they operate;

• If the Human Rights principles are not adopted in the country where they operate, take best efforts to at least follow the standard business practices with respect to human rights, such as:

o Providing a workplace that complies with health and safety laws, regulations and practices;

o Compliance with all applicable laws and regulations with respect to employees working hours, benefits and wages;

o All employees of the supplier must meet the minimum legal age for that jurisdiction;

o Provide a workplace that is free from forced or compulsory labour, slavery, servitude and human trafficking or exploitation;

o Manage all employees in a fair and ethical manner and that all employees are treated with dignity and respect; and

o Provide a workplace that is free from unlawful discrimination and harassment."

...

"Due diligence on Supply Chains

• if they are not subject to a mandatory or voluntary code as mentioned above, to provide details of how they combat slavery and human trafficking in their own business and supply chains."

Singh Anjali.....2021-10-11 06:49:01 UTC