Question: How does the company assess the risks of modern slavery and trafficking in their supply chain?
Answer:
Risk-based questionnaires,
Use of risk management tool or software,
Conducting desk research including information from third parties/NGO's
8095024
Walk Free
MSA risk assessment
Schroders
2020
Verified by Steward check_circle
updated over 2 years ago by Lucia Ixtacuy

pg. 6

"We monitor supply chain standards and workforce metrics across all sectors and companies through our proprietary research tool, CONTEXT, as well as human rights policies for higher risk sectors."

pg. 9

"In 2020, we assessed our full supplier base using our new proprietary modern slavery risk framework tool, developed by our sustainable investment team. Using this tool we mapped our supplier base by region, industry type, modern slavery management score and spend, and subsequently categorised our suppliers into low, medium and higher risk. We categorised 718 suppliers globally (about 8% of our supply chain spend) into the higher risk category."

...

"At the end of 2020, we developed a new Modern Slavery Due Diligence Questionnaire. This was issued to all the higher risk suppliers globally to request information regarding their governance and framework for the management of modern slavery risks and visibility of how they report and deal with any issues."

...

'During 2021 we will refine the Modern Slavery Due Diligence Questionnaire and introduce this to our supplier on-boarding process and policies to improve our pre-engagement assessments."

Singh Anjali.....2021-10-25 10:18:27 UTC

"In addition to co-ordinating responses to these questionnaires, we check that we have oversight of these suppliers through (i) our standard procurement oversight regime; (ii) review against the Modern Slavery Registry; and/or (iii) attaining policy documents or statements. " P. 6

Lucia Ixtacuy.....2021-12-17 05:43:57 UTC