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Our firm

Modern Slavery Statement

KPMG has a zero-tolerance stance on modern slavery.

While the professional services industry is not typically considered a high-risk sector for labour-related breaches, we are acutely aware that risks can arise across our operations and supply chain. We have a critical role to play in managing potential harm to people through a risk-based approach to human rights due diligence.

Our latest Modern Slavery Statement provides an update on the progress we’ve made over the course of FY21 to strengthen our approach to the detection and prevention of modern slavery within our business and supply chains. We do this through:

Our policies We are currently going through an internal refresh of all our policies, to ensure we have a comprehensive policy framework in place to prevent, eliminate, and educate on modern slavery and human trafficking.
Risk assessment and due diligence Modern slavery risk indicators guide our human rights due diligence processes. This ensures our efforts in identifying, assessing, addressing and preventing modern slavery risk are focused on areas where the risk of harm to people is most likely.
Training Modern Slavery training is fundamental to raising awareness and building employee capabilities to mitigate risks and appropriately escalate concerns. All colleagues at KPMG are provided with modern slavery training, and members of our Procurement team are also provided with specific training on their role in preventing modern slavery in our supply chain.
Measuring effectiveness We recognise that the review and assessment of our actions to identify and address modern slavery risks across our operations and supply chain will be an ongoing and evolving process. We use Key Performance Indicators (KPIs) to better understand the effectiveness of our approach to managing modern slavery risks.
Governance and approvals We recognise the importance of a collaborative approach to addressing modern slavery risks in our operations and supply chain:
  • Our UK Board is responsible for ensuring there is a satisfactory framework for managing cultural, ethical, risk and reputational matters affecting our firm. They are also responsible for approving our annual Modern Slavery Statement, ahead of publication.
  • Accountability for modern slavery relating to our business resides with the Chief Risk Officer.
  • Our cross functional Modern Slavery Working Group meet quarterly to review the effectiveness of our Modern Slavery Programme and drive forward our approach to tackling the risk of modern slavery in our operations and supply chain.
  • Day-to-day responsibility for the management of our programme is led by Risk and Compliance.

Read more: KPMG Modern Slavery Statement