This statement sets out the steps Euromoney Institutional Investor PLC (“Euromoney”) has taken to comply with the UK Modern Slavery Act 2015 (the “Act”).
Euromoney is an international business-to-business information and services group listed on the London Stock Exchange, with more than 2,000 employees worldwide and a portfolio of over 30 specialist businesses across seven divisions, spanning investment research, asset management, banking and finance, price reporting, specialist information and data, and events, industry forums and institutes.
Our supply chains are many and varied. We considered each of our business operations and their supply chains and determined the following areas as our inherent or perceived supply chain risk:
event construction in non-EU / non-US countries (Middle East, Asia, Africa, Latin America);
contracted maintenance staff working in the company’s offices in all locations (e.g. cleaning, catering, security, building services);
outsourced operations located in developing countries including software developers, data and list researchers and sales and customer service.
We are committed to ensuring that there is no modern slavery or human trafficking in our supply chains or in any part of our business. We are committed to acting ethically and with integrity in all our business relationships and to implementing and enforcing effective systems and controls to ensure modern slavery and human trafficking is not taking place anywhere in our supply chains.
We require appropriate right-to-work documentation for staff including temps, interns and business work and placement staff.
We have a supply chain review framework to identify suppliers where slavery or trafficking risk may be high and our expectations of how business is conducted are communicated to such suppliers, together with legal undertakings where appropriate.
In order to monitor compliance
each divisional head is required to sign an annual statement of compliance to confirm that they have reviewed their division’s supply chain and that they have taken the necessary steps to mitigate exposure to the risk of modern slavery;
the Risk Committee reviews and approves Euromoney’s anti-slavery policies and procedures with the annual statement signed off by the Board;
our internal audit function reviews compliance by the businesses with Euromoney’s anti-slavery policies and procedures.
All Euromoney divisions have access to the Company’s whistleblowing hotline, managed by an independent third-party, allowing employees and others worldwide to report confidentially any suspected illegal or unethical behaviour.
We will continue to review and update our compliance approach as our businesses and inherent or perceived supplier risks change over time.
This statement is made pursuant to section 54(1) of the Modern Slavery Act 2015 and constitutes Euromoney’s modern slavery and human trafficking statement for the financial year ending 30 September 2016.
Euromoney Institutional Investor PLC
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