Anti-slavery and human trafficking statement
ION’s Modern Slavery and Human Trafficking Statement for the Year Ending 31 December 2021
This statement is made pursuant to section 54(1) of the Modern Slavery Act 2015 (the “Act”) on behalf of the subsidiaries of ION Investment Group Limited, an Irish company, that are commercial organisations for purposes of the Act (collectively, “ION”). This statement describes the measures ION has taken during the financial year ending 31 December 2021 to prevent modern slavery and human trafficking in its business operations or supply chains.
ION produces software and provides related services that enable financial institutions, central banks and corporations to digitize and automate their most business-critical processes. ION helps its customers improve decision-making, increase efficiency, simplify complex processes and empower their people. ION considers that the provision of its software and services presents a low risk of modern slavery and human trafficking.
ION’s supply chain model is relatively simple and includes IT, data hosting and telecommunications infrastructure, software and data service providers, office space leasing to accommodate our people and business operations, facilities and waste management, consulting and advisory services, and travel services. ION considers that these services and facilities in general present a low risk of modern slavery and human trafficking.
Notwithstanding this low risk profile, ION is taking action to ensure that there is no modern slavery or human trafficking occurring in its supply chains or in any part of its business. ION takes a zero-tolerance approach to modern slavery and human trafficking. ION maintains policies and procedures which mitigate the risk of slavery and human trafficking in our business and in its supply chains. These include anti-discrimination, anti-harassment and anti-bullying policies, health and safety policies and a contract signing policy that ensures contractual relationships cannot be entered into without review and authorization by an appropriate senior manager.
ION has a central team that manages the procurement of all significant goods and services. ION conducts an assessment at the point of new supplier approval to determine the risk of modern slavery and human trafficking. Our suppliers must undertake to comply with all laws applicable to their provision of goods and services to ION, including laws in respect of modern slavery and human trafficking.
To date, we have not found evidence of practices in our operations or supply chains that would violate modern slavery and human trafficking laws or otherwise contravene ION’s corporate values that support human rights.
This statement has been approved by the boards of each of the ION subsidiaries referred to above.
ION Investment Group Limited
30 April 2022