MODERN SLAVERY AND HUMAN TRAFFICKING STATEMENT
Russinco is committed to improving its practices to combat slavery and human trafficking and ensuring those practices are not taking place in our business or in our supply chains.
ORGANISATION STRUCTURE
Russinco is a multinational expert in commodity markets research and business consulting services organization that uses deep industry expertise and rigorous analysis to help business leaders achieve practical results with real impact. We are uncompromising in our approach to helping clients consistently make better decisions and deliver improved business performance. Our organizations advise and supports global companies that are leaders in their industries - including the largest private- and public-sector structures, private equity firms, and emerging entrepreneurial businesses.
ANTI-SLAVERY AND HUMAN TRAFFICKING
We are committed to ensuring that there is no modern slavery or human trafficking in our supply chain or in any part of our business. Our Anti-slavery, Human Trafficking and Reporting Policy reflects our commitment to acting ethically and with integrity in all our business relationships and our effort in implementing and enforcing effective systems and controls to ensure that slavery and human trafficking is not taking place within our supply chain.
OUR SUPPLY CHAIN
Our supply chain and our suppliers are typically vetted well-established service providers such as research companies and institutions, insurers, lawyers, customs brokerage companies, logistics operating structures, freelance translators, accountants and other independent private consultants, mainly relate to the provision of administrative and non-revenue related services. Contractual relationships in our supply chain contain provisions requiring supplier's assurances of compliance with modern slavery and human trafficking laws.
PROCESSES FOR THE AVOIDANCE OF SLAVERY AND HUMAN TRAFFICKING
Should any of our supplier be found to use modern slavery in their business or in any part of their supply chain we are permitted to take steps which can include discussions with the relevant supplier around remediation actions or termination of the contract.
TRAINING
To ensure a high level of understanding of the risks of modern slavery and human trafficking in our supply chains and our business, we continue to provide awareness training to those of our employees who have responsibility in relation to engaging suppliers and provide an overview of our commitment to staff who join us.
FUTURE STEPS
Following a recent review of our processes we intend to continue to take the following further steps to combat slavery and human trafficking:
[✦] continue to seek assurances from suppliers that their supply chains comply with the Modern Slavery Act 2015 and Human Rights Act 1998;
[✦✦] undertake an assessment and review of our policies periodically.