Question: How does the company assess the risks of modern slavery and trafficking in their supply chain?
Answer:
Use of risk management tool or software,
Conducting desk research including information from third parties/NGO's,
In Development
13988605
Walk Free
MSA risk assessment
2021
Unverified - Added by Community
updated about 1 year ago by Manali Rana

"We automatically screen all third parties identified as high-risk for modern slavery, by utilising publicly available information to ensure we are aware of any history or concerns linking a third party to poor labour practices." - pg. 5

 

"We will launch a new third party risk management system in 2022, with a more detailed approach to risk assessment and mitigation actions within Employment Principles. As part of

the transformation of our third party risk management system background screening will be completed daily going forward from 2022." -pg. 5

 

"When assessing third parties, AstraZeneca uses activity and geography-based factors to identify, assess and document actions to mitigate risks to our Employment Principles. These factors determine which third party engagements are deemed high-risk requiring a deeper level of assessment.

Where necessary, third parties are required to answer specific questions about the policy, procedures and controls they have in place to manage Employment Principles risks on AstraZeneca’s behalf, including audits." - pg. 5

eca2136.....2022-11-06 03:18:23 UTC

It mentions the question, not the questionnaire. Hence it is not considered.

Pg. 7

“In collaboration with EcoVadis we have conducted a benchmarking exercise to rate our top 250 suppliers in relation to labor and human rights, particularly we regularly review our supplier performance across a broad range of areas, with corporate responsibility being key.”

Manali Rana.....2023-03-15 09:16:04 UTC