Question: Does the company’s statement name the suppliers in their supply chain and/or the geographic regions where their supply chain operates?
Answer:
Geographical
15361766
Walk Free
2019
Verified by Steward check_circle

The statement mentions the following:

 

p.1

"Prudential plc is listed on stock exchanges in London, Hong Kong, Singapore and New York. We serve around 20 million

customers and have $543.9 billion of assets under management (as at 31 December 2019). We have significant operations in Asia and the US consisting of two main business units: Prudential Corporation Asia and Jackson National Life Insurance Company in the United States. Our UK presence is limited to certain head office functions supporting the rest of the Group (“the Group’s UK activities”). Further details on the Group can be found here."

 

p.3-4

"Countries ranked 31 to 50 in the risk of Modern Slavery: These countries (Nigeria, Kenya and Cameroon) accounted for £355,000 of spend for the Group’s UK activities, which was spread across legal services, IT systems and property rental. No spend was incurred on manufactured goods or low-skilled services which present a Modern Slavery risk.

• Countries ranked 51 to 100 in the risk of Modern Slavery: These countries (India, Ivory Coast, Zambia, Egypt, Ghana, Vietnam, Israel and Singapore) accounted for £5.8 million spend for the Group’s UK activities, covering predominantly office-based shared services in India (£1.9 million) and IT contracts and services in Singapore (£3.2 million). There was minor expenditure elsewhere on property and legal services. No spend was incurred on manufactured goods or low-skilled services which present a Modern Slavery risk.

The supplier spend across all of the top 100 countries accounted for 2 per cent of Prudential plc’s spend in support of its UK activities for 2019"

Francisca S.....2020-11-27 19:40:44 UTC

Data copied from Prudential for 2019