This statement constitutes the modern slavery and human trafficking statement of BDO LLP and its subsidiary undertaking BDO Services Limited (together “BDO”) for the financial year ended 5 July 2024.
BDO’s purpose is ‘Helping you succeed’, and one of our four Values is ‘Being responsible and acting with integrity’. As an accountancy and business advisory firm, we need to conduct our business to the highest possible ethical standards. The Modern Slavery Act 2015 (‘the Act’) includes a duty on businesses to play their part in stopping modern slavery in global supply chains; a duty we see as important to help society succeed. Section 54 of the Act, ‘Transparency in Supply Chains’, requires us to publish on our website a statement of the steps taken during the financial year to ensure that slavery and human trafficking is not taking place in any of our supply chains or in any part of our own business.
Given the nature of our business activities and the categories of goods and services that we procure, we believe our inherent risk to be low with respect to modern slavery. Our supply chain is our primary area of modern slavery risk. We operate a number of policies and procedures that describe our approach to the identification of modern slavery risks and the steps to be taken to prevent slavery and human trafficking in our business and supply chain. This statement summarises these, looking at both our supply chain management and our firm’s culture and governance.
Our governance structure is overseen by the Modern Slavery Governance Group. This group convenes regularly to discuss policy matters, procedures, and to track key performance indicators that validate adherence to our commitments.