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Modern Slavery Statement - 2019


Introduction

Ethical Screening provides research, analysis and guidance to enable individuals, charities, investment managers and financial advisors to screen companies for investment portfolios. Our research identifies corporate involvement in activities which present ethical concerns; offers data on environmental, social and governance issues; and highlights corporate activities which support the UN Sustainable Development Goals; all of which can be integrated into our clients' investment decisions.

As a small company, we are currently exempt from the legal requirements of Section 54 (1) of the UK Modern Slavery Act 2015 (MSA) however, Ethical Screening is fully committed to doing business as responsibly as possible and has therefore undertaken a number of measures to better understand and minimise the risks that may be present within our supply chain.

The information outlined below constitutes our company's slavery and human trafficking statement for the financial year ended 30th September 2019 as approved by the Directors in October 2019.


Our Values

Corporate social and environmental responsibility is not only a key part of what we look for in our research, it is also something we strive to achieve ourselves. Ethical Screening is a member of the following organisations and initiatives which support these aims: the UN Principles for Responsible Investment (PRI); Fair Tax Mark; UK Sustainable Investment & Finance (UKSIF); UK Stakeholders for Sustainable Development (UKSSD); Charity Investors' Group; and Ecumenical Council for Corporate Responsibility (ECCR).

We are committed to upholding the principles set out the Universal Declaration of Human Rights (UDHR) and ILO Declaration on Fundamental Principles and Rights at Work. Ethical Screening is vehemently opposed to slavery in all its forms.


Risk assessment

Our direct operations are based in leased offices in the UK and considered to be low risk. Ethical Screening does not have any suppliers or business partners based in higher risk jurisdictions as defined by the Global Slavery Index.

In FY 2018/19, we identified our top 20 suppliers (by expenditure) and checked which had recognised and taken relevant action to address any potential modern slavery risks within their supply chains. Ethical Screening contacted a number of suppliers where this information was not publicly available. This exercise indicated that only one supplier, an IT support provider, through its retail of computer hardware, was linked to a high-risk industry sector. While this company has not implemented a modern slavery policy itself, we noted that the hardware manufacturer in question, has published a modern slavery statement which complies with the guidance set out in the MSA.


Staff Policies & Training

Ethical Screening has implemented a Corporate Social Responsibility (CSR) policy and publishes an annual CSR update. We have a number of policies to promote staff wellbeing including a Health & Safety Policy, Dignity at Work Policy, Equal Opportunities Policy, Flexible Working Policy, Grievance Procedure Policy and Stress at Work Policy. All employees have the necessary documentation to work legally in the UK.

During 2019 all company staff (including Directors) completed training to raise their awareness of modern slavery both at work and in the wider community.


Future Aims

We will continue to risk assess our suppliers on a regular basis. A number of suppliers did not respond to our requests for information about their supply chain policies. Over the coming year, we aim to provide guidance and resources, which are available via www.stronger2gether.org to encourage these suppliers to take the issue of modern slavery into consideration when managing their operations. 

 

Michael Head - October 2019

Managing Director