Statement of Peel Holdings Land and Property (UK) Limited on behalf of Peel Land & Property pursuant to the Modern Slavery Act 2015 ("The Act")
This is the modern slavery and human trafficking statement of Peel Holdings Land and Property (UK) Limited (Peel Land & Property) and all its subsidiaries and UK Group companies. This statement is made pursuant to Section 54, part 6 of the Modern Slavery Act 2015 (the ‘Act’) and has been adopted by all subsidiaries as their respective slavery and human trafficking statement for the financial year ending 31 March 2016.
The principal activities of Peel Land & Property include property investment, development and trading. Peel Land & Property lies at the heart of The Peel Group, one of the foremost real estate, infrastructure and transport investment enterprises in the UK. The Peel Land and Property Group own and manage 1.2 million m² of property and 15,000 hectares of land and water. Our holdings are concentrated in North West England but we also own and manage significant assets in the Clyde, Yorkshire and the Medway in Kent, with a total portfolio value of £2.3 billion.
Due to the diverse nature of the business, our supply chain comes from many different areas. However, in all its dealings with its suppliers Peel strives to ensure that the highest ethical standards are reached at all times.
Peel is committed to ensuring, as far as practically possible, that there is no modern slavery or human trafficking in our supply chains or in any part of our business. There are various policies in place in relation to staff conduct and welfare that are currently in the process of being reviewed and, where necessary, amended so that they appropriately highlight the Group’s stance and protocol regarding forced labour, slavery or human trafficking to staff and third parties.
All of our new starters are required to read, and acknowledge that they have done so, each of the policies referred to above.
During the next 12 months we intend to review our supplier due diligence processes in relation to slavery and human trafficking. We will review our Procurement Policy and our Supplier Charter in order to ensure that all of our suppliers are asked to confirm that they comply with the Act.
Human Resources confirm that recruitment systems are in place to prevent forced labour and to ensure that all employees are entitled to work in the UK. We ensure that all staff directly employed by Peel do so at their own free-will and understand that they can cease their employment at any time under the terms of their employment contract. We compensate all staff directly employed by Peel with wages and benefit packages that meet or exceed statutory minimum requirements. We abide by the Working Time Directive, unless staff directly employed by Peel voluntarily chooses to opt-out (within the limitations imposed by the Working Time Directive).
Risk Management and Effectiveness
Peel has an Internal Audit function that reviews various systems and processes to provide an independent assurance that our risk management governance and internal control processes are operating effectively in accordance with the Codes of Professional Conduct and Ethics and International Standards governed by the Charted Institute of Internal Audit (CIIA).
As the vast majority of our suppliers are based in the United Kingdom we consider that they pose minimum risk in terms of non-compliance with the Act. However, we will be carrying out an audit of all of our direct suppliers over the coming 12 months to assess the risk levels of each and this will be independently assessed by our Internal Auditor. Although we see our business as low risk in relation to the threat of slavery and human trafficking offences being committed, we intend to carry out compliance audits on a regular basis.
Our Human Resources department is reviewing the requirement of offering periodic training sessions on slavery and human trafficking to all staff. It is envisaged that this policy statement will form part of our induction process for all new starters to the business. In addition, Peel is running a Management Development Programme which all of our managers will attend over the next 12 months. This will highlight the Group’s stance on treating people fairly.
This statement has been considered and approved by the Company’s Board of Directors.