Modern Slavery, Child Labor and Human Trafficking Statement
Credit Benchmark believes that human rights are an absolute and universal standard, and everyone has a basic right to expect safe and fair working conditions.
Credit Benchmark is opposed and committed to preventing acts of modern slavery, child labour and human trafficking from occurring within its business and supply chains and imposes the same high standards on its suppliers.
We take appropriate steps to ensure that we respect and maintain the fundamental human rights of those who are working for Credit Benchmark.
We expect all who work with us to adopt these same high standards.
The Code of Business Conduct and Ethics sets the standard for our employees in their dealings with customers, partners, competitors, and vendors. All Credit Benchmark employees, consultants, and contractors must review and accept the Code of Business Conduct and Ethics and are contractually committed to complying. Annual refresher policy acknowledgment and signing is also mandatory for all employees, consultants, and contractors.
Credit Benchmark is committed to ensuring that we have a robust and well-managed outsourced and third-party supplier network. Our supply chains consist predominantly of leading global data and IT solutions providers predominantly based in Western Europe and North America.
Our business provides electronic financial data, which we create and generate ourselves. Our source of such raw data comes from regulated financial institutions. We do not provide, handle, or facilitate physical goods or services. As a result, the majority of our supply chain involves technically skilled professionals, and we have minimal exposure to unskilled and/or manual labor.
We do not tolerate any form of slavery, forced or child labor or human trafficking within our supply chains and if we find evidence of a failure to comply with our policies, we will immediately seek to terminate our relationship with the relevant supplier.
We ensure we meet and require all our suppliers to adhere to the standards set out by International Labor Organizations as regards to the employment of children and young people.
Credit Benchmark considers that the risk of slavery, human trafficking or child labor within its business and supply chain is low. We attribute this largely to our industry and the policies and procedures we have in place. We continue to monitor our supply chain, including having regard to any significant changes concerning our suppliers. If there are any suspicions of activity that are contrary to the Act, Credit Benchmark will investigate and take appropriate action.
The company reviews its procedures, including staff training, to ensure that these issues will be continuously addressed in line with the requirements of the Act and good business practice.
Our commitment to ethical business practices will continue internally, through our supplier due diligence policy and procedures, in addition to monitoring of changes in legal and regulatory changes.
The Management Team and Board of Directors endorse the statement and are fully committed to its implementation. Their responsibility includes:
This statement will be reviewed and published annually.
Credit Benchmark welcomes feedback from its stakeholders concerning this statement.
This can be submitted to us by email to [email protected]
Credit Benchmark is opposed and committed to preventing acts of modern slavery, child labour and human trafficking from occurring within its business and supply chains and imposes the same high standards on its suppliers.
We take appropriate steps to ensure that we respect and maintain the fundamental human rights of those who are working for Credit Benchmark.
We expect all who work with us to adopt these same high standards.
Policy
Credit Benchmark is committed to ensuring that there is no modern slavery or human trafficking in our supply chains or in any part of our business through the following policies:Credit Benchmark’s Code of Business Conduct and Ethics
This policy demonstrates our commitment to conducting business that is both compliant with applicable laws and our company values.The Code of Business Conduct and Ethics sets the standard for our employees in their dealings with customers, partners, competitors, and vendors. All Credit Benchmark employees, consultants, and contractors must review and accept the Code of Business Conduct and Ethics and are contractually committed to complying. Annual refresher policy acknowledgment and signing is also mandatory for all employees, consultants, and contractors.
Recruitment Policy
Credit Benchmark operates a robust recruitment policy and guidelines, including conducting eligibility-to-work checks for all employees and contractors in respective countries of employment to safeguard against human trafficking or individuals being forced to work against their will.Whistleblowing Policy
Credit Benchmark’s whistleblowing policy and process ensures that all employees know that they can raise concerns about how colleagues are being treated, or practices within our business or supply chain, without fear of reprisal.Diversity, Equity & Inclusion Policy
Credit Benchmark has a committed DEI policy, designed to ensure the fair treatment of our employees and potential employees.Health and Safety Policy
This policy sets out Credit Benchmark’s approach to ensure the organisation provides a healthy and safe working environment for our staff and contractors that work out of our premises and from home.Customers and Supply Chain
Credit Benchmark’s customers are leading organizations worldwide, primarily financial service companies.Credit Benchmark is committed to ensuring that we have a robust and well-managed outsourced and third-party supplier network. Our supply chains consist predominantly of leading global data and IT solutions providers predominantly based in Western Europe and North America.
Our business provides electronic financial data, which we create and generate ourselves. Our source of such raw data comes from regulated financial institutions. We do not provide, handle, or facilitate physical goods or services. As a result, the majority of our supply chain involves technically skilled professionals, and we have minimal exposure to unskilled and/or manual labor.
We do not tolerate any form of slavery, forced or child labor or human trafficking within our supply chains and if we find evidence of a failure to comply with our policies, we will immediately seek to terminate our relationship with the relevant supplier.
We ensure we meet and require all our suppliers to adhere to the standards set out by International Labor Organizations as regards to the employment of children and young people.
Risk and Compliance
Credit Benchmark regularly evaluates the nature and extent of its exposure to the risk of modern slavery, child labor and human trafficking occurring in our supply chain by proactively managing those who we work with. As part of our efforts to monitor and reduce any of these risks occurring within our supply chains, we have adopted due diligence procedures designed to:- establish and assess areas of potential risk in our business and supply chains
- monitor potential risk areas in our business and supply chains
- reduce the risk of slavery, child labor and human trafficking occurring in our business and supply chains
- provide adequate protection for whistleblowers
Credit Benchmark considers that the risk of slavery, human trafficking or child labor within its business and supply chain is low. We attribute this largely to our industry and the policies and procedures we have in place. We continue to monitor our supply chain, including having regard to any significant changes concerning our suppliers. If there are any suspicions of activity that are contrary to the Act, Credit Benchmark will investigate and take appropriate action.
Ongoing Commitment
Credit Benchmark recognizes its responsibility to ensure that its policies and systems exclude slavery, human trafficking, forced labor and child labor from the business on an ongoing basis.The company reviews its procedures, including staff training, to ensure that these issues will be continuously addressed in line with the requirements of the Act and good business practice.
Our commitment to ethical business practices will continue internally, through our supplier due diligence policy and procedures, in addition to monitoring of changes in legal and regulatory changes.
The Management Team and Board of Directors endorse the statement and are fully committed to its implementation. Their responsibility includes:
- Implementing this statement
- Providing adequate resources and investment to minimize the risk of modern slavery, child labor and human trafficking taking place within the business and its supply chain
- Ensuring that the company’s approach and this statement are regularly reviewed
- Ensuring that the commitments outlined in this statement are adhered to
Publication, Review and Feedback
This statement is made in accordance with the UK Modern Slavery Act provisions and constitutes Credit Benchmark’s anti-slavery and human trafficking statement for the current financial year.This statement will be reviewed and published annually.
Credit Benchmark welcomes feedback from its stakeholders concerning this statement.
This can be submitted to us by email to [email protected]
