The business sectors and geographical locations in which the Company operates are not considered to be high risk in relation to slavery and human trafficking. The Company does not have complex supply chains, or multiple levels of contracting and its supplier onboarding processes involve thorough due diligence.
In addition, the Company’s suppliers are required to comply with all local and national laws, rules and regulations.
The Company seeks to:
- where possible, build long-standing relationships with suppliers and make expectations of business behaviour clear; and
- encourage the reporting of concerns and protection of whistle blowers.
The Company expects and demands that all those in its supply chain including contractors comply with its values in relation to such issues. PIB carries out due diligence processes in relation to ensuring slavery and/or human trafficking does not take place in its organisation or supply chains, including conducting a review of the controls of its suppliers.
PIB has not, to its knowledge, conducted any business with another organisation which has been found to have involved itself with modern slavery.
In accordance with section 54(4) of the Modern Slavery Act 2015, PIB has taken the following steps to ensure that modern slavery is not taking place:
Formal procurement process which includes a section to verify that potential suppliers and their sub-contractors are not involved in modern slavery or human trafficking and have their own process in place to ensure this does not happen.