Slavery and human trafficking statement for the financial year ending 31 December 2017
The Institute of Physics (IOP) and its group companies are committed to doing all we reasonably can to combat all forms of slavery and human trafficking in our supply chains. This statement sets out how the entire IOP group has approached these issues during this financial year and how we will continue to do so in the next.
Our group status, structure and activities
The Institute of Physics is a charity registered in England and Wales and in Scotland and is incorporated by Royal Charter. We are a leading scientific membership society working to advance physics for the benefit of all.
Our purpose is to gather, inspire, guide, represent and celebrate all who share a passion for physics. And, in our role as a charity, we are here to ensure that physics delivers on its exceptional potential to benefit society.
Alongside professional support for our members, we engage with policymakers and the public to increase awareness and understanding of the value that physics holds for all of us.
The IOP group of companies is made up of subsidiaries registered in England and Wales, the United States of America, the People’s Republic of China, India and the Russian Federation and of offices in various other countries.
The largest subsidiary, IOP Publishing Limited, is a world leader in scientific communications, publishing journals, ebooks, magazines and websites globally. The other subsidiaries support the activities of the Institute of Physics and/or IOP Publishing Limited in the United Kingdom and globally.
Our group’s supply chain
The IOP group of companies has a diverse supply chain, including suppliers of IT, print and editorial services, office equipment, catering services, building services, and accommodation and venue facilities. These suppliers are located across the globe, with some located in countries which have a high estimated prevalence of modern slavery as measured by the Global Slavery Index 2016.
Our approach and policies on slavery and human trafficking
During 2017, we continued activities on a group-wide basis to identify and mitigate the risk of slavery or human trafficking occurring in the IOP group’s supply chains. These have included:
- Continuing to identify and assess potential risk areas in our supply chains, in particular for those suppliers in countries with a high estimated prevalence of modern slavery.
- Introducing contractual obligations in to contracts with relevant suppliers.
- Rolling out an anti-slavery and human trafficking policy internally and with suppliers.
- Briefing key employees on how to identify risks of slavery in our supply chains and how to escalate them internally.
We confirm our commitment to prohibiting modern slavery and human trafficking in our supply chains and in any part of our businesses. Our anti-slavery and human trafficking policy reflects our commitment to acting ethically and with integrity in all of our business relationships and to implementing and enforcing effective systems and controls to prohibit slavery and human trafficking in our supply chains and business.
Supplier adherence to our values
We have a zero tolerance approach to slavery and human trafficking. To ensure that those companies in our supply chains comply with these values, we require that all relevant suppliers are issued with, and agree to comply with, our anti-slavery and human trafficking policy and that appropriate obligations are included in our contracts with them. These obligations will allow us to secure assurances that those suppliers have appropriate measures in place in relation to their own business and supply chains and commit to complying with all relevant legislation and codes of practice.
Continuing our approach in 2018
In order to further ensure that there is no slavery and human trafficking in our supply chains, we intend to take the following further steps in the forthcoming financial year:
- roll out training on anti-slavery and human trafficking to relevant employees
- monitor compliance with our policy by all relevant suppliers and all staff.
This statement is made pursuant to section 54(1) of the Modern Slavery Act 2015 and constitutes the IOP group’s anti-slavery and human trafficking statement for the financial year ending 31 December 2017.
Professor Paul Hardaker
Chief Executive Officer
Institute of Physics
Date: 14 June 2018