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Annual slavery and human trafficking statement
The Ecclesiastical Insurance Group is committed to preventing acts of modern slavery and human trafficking from occurring within both its business and supply chains, and expects those same high standards from its suppliers.
Ecclesiastical is a specialist financial services group providing insurance, broking and advisory and investment products and services. The business is predominantly UK-based with overseas operations in Canada, Australia and Ireland. Over 1,500 people are directly employed.
In 2021 the Group reported a profit before tax of £77.0m. Find out more about our business and the Ecclesiastical Insurance Group.
Our UK supply chain is managed centrally by a team of procurement specialists within our Finance and Claims departments. Supply chain relationships for our overseas businesses are managed locally.
The Ecclesiastical Insurance Group expects and requires that each of its suppliers conduct business in a lawful and ethical manner. We have a Procurement, Purchasing and Outsourcing Policy which we adhere to in order to ensure all suppliers, whether they are being centrally or locally managed, go through the appropriate checks and scrutiny so that they are aware of and subscribe to our expectations, standards and procedures.
Specifically relevant to our compliance with the Code we:
And in our responsible and sustainable investment business EdenTree, we:
As a provider of financial services we do not operate in a sector which we consider to be particularly susceptible to modern slavery practices such as forced labour or exploitation for example, nor do we purchase goods or services from organisations which we would associate with modern slavery or human trafficking.
Nevertheless, we regularly evaluate the nature and extent of our exposure to risk in our supply chain and modern slavery will be included in that evaluation going forward.
This statement is made in accordance with Section 54(1) of the Modern Slavery Act 2015 and constitutes the Ecclesiastical Insurance Group's slavery and human trafficking statement for the financial year commencing 1 January 2021 and ending 31 December 2021.
Group Chief Executive