Haymarket Media Group has become one of the first media companies to publish a transparency report outlining what the company is doing to tackle slavery in its supply chain.
The company found no incidents of slavery in its direct supply chain, but is still working to address risks, it stated.
Under the Modern Slavery Act 2015 all companies with a UK footprint and a turnover more than £36m are required to publish annual reports outlining the steps they are taking to identify and reduce slavery in their supply chains.
Haymarket produces a wide range of specialist publications, including Supply Management.
“I'm very pleased that Haymarket is one of the first media organisations to release a statement on Modern Slavery,” said Gary Charlton, head of procurement for Haymarket.
“While we found no incidents of slavery in our direct supply chain, it is inevitable that slavery will exist in some form in the products we purchase,” he added. “We must continue to do all we can to assist with the exposure of the scandal of modern slavery.”
The report identifies areas in Haymarket's supply chain where there are risks of slavery and outlines actions to mitigate them.
Using CIPS’ Ethical and Sustainable Procurement document as a guide, Haymarket “ascertained that the main direct risk [in its] supply chain is the use of agency labour and seldom used promotional suppliers”, the report said.
It also identified technology hardware suppliers and overseas event venues as areas of indirect risk.
To reduce the potential for slavery in these areas Haymarket has launched a code of conduct “that communicates to all our suppliers the minimum standards we expect”, the report said.
“The code consists of human rights and labour conditions principles that are important to us,” it added. These include freedom of employment, legal entitlement to benefits, prohibition of child labour and the treatment of all employees with respect and dignity.
The report said Haymarket had approached all its direct suppliers in risk areas to “ascertain their policies, approach and processes”, and will audit the policies of all new suppliers in risk areas.
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