• Personal
  • Business

Modern slavery statement

At Equals we take the importance of protecting and detecting modern slavery and human trafficking very seriously.

  • Our Organisation
  • Our Supply Chain
  • Our Policies
  • Our Due Diligence
  • Our Training
Pursuant to section 54 of the Modern Slavery Act 2015, this statement outlines Equals Group Plc’s (Equals) approach to modern slavery and human trafficking for the financial year ending 31st December 2018. Modern slavery and human trafficking is a crime that is global in scale, yet it is clear in the Home Office’s 2018 UK Annual Report on Modern Slavery that detection and prevention is as critical in the UK as it is worldwide. This statement applies to all firms and subsidiaries within Equals.

Our Organisation

Equals has approximately 300 staff based in the United Kingdom, between its Head Office in London and its Operational Centre in Chester. As these staff are directly employed by Equals and are not considered to be in a position which is at risk of modern slavery or human trafficking, our focus is on the supply chain.

Our Supply Chain

As a provider of user-centric technology to enable our clients to make payment services and deliverable foreign exchange in a low cost manner, a significant proportion of the technology is built and maintained in house. Nevertheless, Equals does utilise a relatively small supply chain where it is more practical to work with partners and suppliers to enable the day to day operations of our technology services.

In addition, and outside of the technology sphere, Equals acquires a variety of goods and services such as professional services, contractors and consumables.

These suppliers, who range from small to medium business to multi-nationals are predominantly based within the United Kingdom, with a limited number within the European Union and further afield.

Our Policies

We believe at Equals that we not only have the obligation to uphold the rights and freedoms of individuals employed directly by us but to put in place policies to mitigate and eliminate the risk of modern slavery and human trafficking within our supply chains. These are:

  • Modern Slavery and Human Trafficking Policy
  • Code of Conduct Policy for Partners and Suppliers
  • A Whistleblowing Policy

Our Due Diligence

Equals is committed to monitoring to prevent and detect modern slavery and human trafficking.

All suppliers are asked to complete a Code of Conduct form which is assessed by Equals to ensure they are compliant with the Modern Slavery Act 2015 or equivalent local law. Suppliers are required to notify Equals should they have suspicion or knowledge of modern slavery or human trafficking in connection with their contract with us.

Where Equals uses suppliers that are not based in the United Kingdom, we ensure that the jurisdictions where the suppliers are based have legislation which, as per the ONODC’s Global Report on Trafficking in Persons indicates that modern slavery and human trafficking are a serious criminal offence.

Should a supplier fail to provide a completed Code of Conduct or be judged to be non-compliant, we will take appropriate action which may include terminating the relationship with that supplier.

Our Training

Throughout 2018 the Board has looked to strengthen and reinforce our stance on modern slavery and human trafficking, building upon the foundations laid out in the Modern Slavery and Human Trafficking Policy.

We believe an open, collaborative working environment is in the best interests for Equals and where concerns or suspicions of modern slavery and human trafficking can be freely voiced by our staff and suppliers.

Ian Strafford-Taylor - Chief Executive Officer, Equals Group Plc