• Text Size
  • Contrast
Monde
Ethics in business

Fighting against modern slavery, forced labour and human trafficking

THE ISSUES

The UK Modern Slavery Act on the fight against modern slavery and human trafficking was introduced in 2016. The act requires companies to annually publish a statement on the measures taken to fight against modern slavery, forced labour and human trafficking both by themselves and across their entire supply chain (i.e. their suppliers and subcontractors). The act applies to companies present or conducting business activities in the UK.

OUR RESPONSE

Given its business activities in the UK and in accordance with Section 54 of the 2015 Modern Slavery Act, Crédit Agricole S.A. published a statement on the measures taken in the financial year ending 31 December 2015 to fight against all forms of modern slavery and human trafficking in its business activities and relations with suppliers.

The Group has committed to fighting against all forms of modern slavery and human trafficking in its supply chain and requires the same commitment from its suppliers.

The main commitments are part of, but not limited to, the fundamental principles expressed by the various external texts signed by the Group (including the Charter of Human Rights and the United Nations Global Compact) as well as by formal internal commitments (CSR strategy, Group Code of Conduct). The statement also detailed the Group's plan to implement measures for assessing and managing risks in this area.

The statement was approved by the Crédit Agricole S.A. Board of Directors.