This statement has been published in accordance with the Modern Slavery Act 2015. It sets out the steps taken by the Morningstar Group Companies identified above during the year ending 31st December 2016 to prevent modern slavery and human trafficking in its business and supply chains.
奇数猎The above companies are Morningstar Inc.’s subsidiaries who are registered and located in the UK.
奇数猎Morningstar, Inc., is a leading provider of independent investment research in North America, Europe, Australia and Asia. We offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on nearly 540,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on approximately 18.5 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries. The company has operations in Australia, Brazil, Canada, Chile, China, Denmark, France, Germany, Hong Kong, India, Italy, Japan, Korea, Luxembourg, Mexico, Netherlands, New Zealand, Norway, Singapore, South Africa, Spain, Sweden, Switzerland, Taiwan, Thailand, United Arab Emirates, United Kingdom and United States.
奇数猎Our supply chains
奇数猎Our supply chains include suppliers of IT, data and communications, office cleaning, property grounds and other facilities management services, stock exchanges, legal counsel, insurers, health care providers, and recruitment agencies.
奇数猎Our policies on slavery and human trafficking
奇数猎We are committed to ensuring that there is no modern slavery or human trafficking in our supply chains or in any part of our business. Our Anti-Slavery Policy reflects our commitment to acting ethically and with integrity in all our business relationships and to implementing and enforcing effective systems and controls to ensure slavery and human trafficking is not taking place anywhere in our supply chains.
We adopted an Anti-Slavery Policy which addresses how employees and other associated persons (agents, suppliers and other service providers) are required to act to minimise the risk of slavery and human trafficking occurring in the business and in its supply chains. The Anti-Slavery Policy was published on our internal homepage (“the Pond”) and an email communication was sent to all employees informing of the policy and sharing a link to both the Anti-Slavery Policy and its guidance.
In addition, our Anti-Slavery Policy is available at http://corporate1.morningstar.com/UK/. This Policy applies to all persons working for us or on our behalf in any capacity, including employees at all levels, directors, officers, agency workers, seconded workers, volunteers, interns, agents, contractors, external consultants, third-party representatives and business partners.
奇数猎Due diligence processes for slavery and human trafficking
奇数猎We have conducted a comprehensive Morningstar EMEA-wide risk assessment, clearly mapping Morningstar’s supply chains across multiple tiers and identifying potential touch-points for modern slavery. The risk assessment enabled us to monitor potential risk areas in our supply chains and determine that our suppliers comply with our own zero tolerance approach to slavery and human trafficking.
Upon review of our risk assessment, procurement policies and other existing policies and procedures relevant to modern slavery, we developed an appropriate Declaration of Compliance with the Modern Slavery Act 2015 to implement in our supply chain engagement procedure. Moving forward, a request for a declaration of compliance will be sent to all suppliers when engaging their services. Guidance was prepared for relationship owners and a template of the declaration sent to these employees.
奇数猎Supplier adherence to our values
奇数猎We have zero tolerance to slavery and human trafficking. To seek to ensure all those in our supply chain and contractors comply with our values, new suppliers will have to sign up a declaration of their compliance with the Modern Slavery Act 2015 or provide copies of their own policies.
We have a dedicated Chief Compliance Officer and EMEA Legal Department responsible for overseeing implementation of our Anti-Slavery Policy within our supply chain. In addition, relationship owners in the supply chain will report to the Chief Compliance Officer and EMEA Legal Department when engaging with new suppliers. A declaration of compliance with the Modern Slavery Act will be requested from all new suppliers and sent to the Compliance and Legal teams upon each new engagement.
To ensure a high level of understanding of the risks of modern slavery and human trafficking in our supply chains and our business, we provide a copy of the policy to all employees and detailed guidance to those who are responsible for supplier relationships. The Policy is available at our internal online platform and upon request. Supplier relationship owners are guided in a process designed to ensure declarations of compliance with the Modern Slavery Act are obtained from all relevant suppliers. ?
奇数猎Following a review of the effectiveness of the steps we have taken in 2016 to attempt to ensure that there is no slavery or human trafficking in our supply chains we intend to take the following further steps to combat slavery and human trafficking:
.All new suppliers will be asked to sign a Declaration of Compliance with the Modern Slavery Act 2015 or will provide copies of their own policies.
. Our policy will be reviewed annually and/or earlier in case of any amendments to current legislation.
. Upon each annual review, the existing policy or any relevant new amended policy will be signed off by management.
This statement is made pursuant to section 54(1) of the Modern Slavery Act 2015 and constitutes our Group's slavery and human trafficking statement for the financial year ending 31st December 2016.