Modern Slavery and Human Trafficking Statement
INTRODUCTION
Corsearch takes its obligations in relation to the identification, reporting and prevention of slavery and human trafficking very seriously and is committed to continually improving our practices to ensure that slavery and human trafficking does not occur within any part of our own business or any of our supply chains.
Our Organisational Structure
Corsearch is recognised as the world’s leading provider of brand lifecycle solutions, with a full-service offering powered by technology and human expertise.
The Group has over 1300 employees worldwide and operates in 14 countries across 5 continents.
Corsearch Intermediate, Inc. is a parent company within the Corsearch group of company and has its head office in this US and this statement is intended to cover all entities within the Corsearch group of companies.
Our Supply Chains and Due Diligence Processes
Corsearch’s supply chain is varied due to the nature and diversity of solutions and product sets offered to our customers but predominately relates to technology which supports the services we provide to our customers.
This supply chain can be split between five key areas: business services, professional services, real estate, technology and travel. It includes consultants, sub-contractors, product suppliers and ranges from highly skilled professionals to semi-skilled labour and includes both large and small businesses.
Corsearch has a Vendor Management Policy and Program, which explains our procurement sustainability and includes addressing modern slavery risk and concerns, that must be followed to ensure that appropriate due diligence is completed prior to entering into an agreement with a vendor. With this program, we ensure that our vendors have third-party references, are in good financial standing, have needed security, data protection, trade, business and labour practice, industry standards, measures and procedures in place. The risk is identified and raised through the Vendor Assessment Process. The addressing and remediation of all risks are documented in accordance with the Program. Thus, Corsearch continuously monitor vendors and ensures compliance.
Corsearch has a clause within its Master Services Agreement which requires adherence to modem slavery act standards and commitments.
Achieving greater transparency is a key goal that we continuously strive to address through educating and raising awareness. Where we can we primarily use key market leaders where downstream supply chains are adequately vetted and reported upon.
Our Policies on Slavery and Human Trafficking
We are committed to ensuring that there is no modem slavery or human trafficking in our supply chains or in any part of our business.
Our Code of Ethics and Business Conduct Policy and our Human Rights Policy reflect our commitment to acting ethically and with integrity at all times, and to implementing and enforcing effective systems and controls to ensure slavery and human trafficking is not taking place anywhere in our supply chains.
Our Corporate Social Responsibility Policy focuses on our actions to continuing to build a sustainable, socially responsible business which provides long-term value enhancement for society, our customers, employees and investors; as well as our aspirations to address an ecosystem based on principles including: Sustainability, ESG, CSR, Diversity and Inclusion, Ethics, Human Rights and Social Justice.
Our Health and Safety Policies set out our commitment and approach to ensuring we provide a healthy working environment for our staff. We also have policies in place to prevent the occurrence of discrimination, harassment, bullying or victimisation in the workplace, and to protect whistleblowers.
Our Vendor Code of Conduct has been developed to support our Vendor Engagement & Management Policy, make clear our expectations of our Vendors and offer Corsearch means of monitoring Vendor performance of its commitments to Corsearch and promote a dialogue with Vendors respecting compliance reporting and addressing concerns or issues and remediation of any such matters.
Supplier Adherence to Our Values
We have zero tolerance to slavery and human trafficking. To ensure all those in our supply chain and contractors comply with our values, we have in place the Vendor Risk Management Program. Corsearch also have a Vendor Code of Conduct which supports the Vendor Risk Management Program in setting vendor expectations and providing guidance for meeting the standards to adhere data protection and privacy obligations; to promote and enforce diversity and inclusion principles, and environmental responsibility; to maintain necessary IT standards and organizational procedures for information security, and; to comply with highest standards of ethical business conduct, including without limitation trade compliance, anti-bribery and anti-corruption compliance and the prohibition of any form of modem slavery.
Training
To ensure a high level of understanding of the risks of modem slavery and human trafficking in our business, we provide the necessary training support to our people, and where applicable, to our customers and our supply chain.
Our Effectiveness in Combating Slavery and Human Trafficking
In 2022, we will continue determining how best we can measure, and how effective we are at ensuring that slavery and human trafficking is not taking place in any part of our business or supply chains.
Further Steps
Following a review of the effectiveness of the steps we have already taken to ensure that there is no slavery or human trafficking in our supply chains we intend to take the any further steps that we determine necessary to better combat slavery and human trafficking.
This includes the implementation of an annual Modern Slavery audit as part of our ongoing assurance due diligence to ensure the supply chain is compliant with risks such as product, location and country of origin.
This statement is made pursuant to section 54(1) of the Modem Slavery Act 2015 and constitutes the Corsearch Group’s slavery and human trafficking statement for the financial year ending 31 December 2022.