At Pepper Money, we hold our suppliers to high standards. We expect suppliers to demonstrate the same level of commitment to the elimination of modern slavery and human rights abuses in their supply chains as we do and this is a major focus of our due diligence and contract negotiation process for new suppliers.
At the outset of a business relationship, all potential suppliers are made aware of our zero-tolerance approach to slavery and human trafficking. We request that suppliers (where applicable) complete our Modern Slavery Act questionnaire so that we can find out more about the business and determine whether a supplier is ‘high risk’ before making a decision on whether to engage that business. We will only enter into a contract or terms of business which address compliance with the Modern Slavery Act 2015 and requires businesses to make an annual confirmation of compliance.
Once onboarded, we expect all our suppliers to:
- conduct their business dealings in a transparent and ethical manner;
- comply with the requirements of Modern Slavery Act 2015;
- notify us as soon as the supplier becomes aware of any actual or suspected slavery or human trafficking in their supply chain; and
- upon request, complete annual confirmation statements.
As part of our initiative to identify and mitigate risk we have a Modern Slavery and Human Trafficking Procedure which sets up a system for:
- assisting employees to identify and assess potential breaches of the Modern Slavery and Human Trafficking Policy and the Modern Slavery Act 2015 in our business including our supply chains through awareness and training;
- mitigate the risk of slavery and human trafficking occurring in our supply chains; and
- providing a system for reporting actual or suspected breaches and for maintaining the confidentiality of the individual making the report.
We have dedicated Risk and Compliance teams, and further support is provided by the following departments:
- Human resources