This statement is made as part of Albany Beck Worldwide Limited’s (‘Albany Beck’) commitment to eliminating the exploitation of people under the Modern Slavery Act 2015 (the Act). It summarises how Albany Beck and all of its group subsidiaries operate, the policies and processes in place to minimize the possibility of any problems, any risks we have identified and how we monitor them, and how we train our staff.

  1. Statement Period

This statement is published in accordance with section 54 of the Act and relates to the financial year January 2022 to December 2022. It was approved by the Board of Directors on 21st February 2022.

  1. Our Business

Albany Beck is a limited company operating in the risk, regulatory, and technology consulting sectors. We provide consulting services in the Analytics, Digital, Information Security, Technology, Risk, Regulation, and Compliance sectors.

Albany Beck Limited is an independent business.

2.1. Who we work with

All of the businesses that we work with and all of the consultants we supply are either employed by Albany Beck or are known to and identified by our staff.

The companies that we work with are generally located in Europe and the USA. The consultants we supply generally live in United Kingdom, Europe and the USA.

  1. Our Policies

In addition to this statement, Albany Beck has the following policies which incorporate ethical standards for our staff.

  • Corporate social responsibility policy,
  • Ethical business practices which include our policy on Human Rights,
  • Ethical trading initiatives, and
  • Anti-bribery.

3.1. Policy development and review

Albany Beck’s policies are established by our senior leadership team, based on advice from HR professionals, industry best practice, and in consultation with Group Legal Counsel. We review our policies annually, or as needed to adapt to changes.

  1. Our Processes for Managing Risk

Policies, processes and procedures are in place in order to:

  • Mitigate the risk of slavery and human trafficking occurring within Albany Beck by ensuring full compliance with UK Visas and Immigration (UKVI) “right to work” checks;
  • Monitor and address any emerging issues of concern and protect whistleblowers.

In order to assess the risk of modern slavery, we use the following processes with our suppliers:

  • When engaging with suppliers, we ask for evidence of their processes and policies, including commitments around modern slavery, human trafficking, forced labour, human rights, and whistle-blowing.
  • We review the potential for risk at regular intervals, including the possibility of re-auditing a supplier or conducting spot checks.
  • After due consideration, we have not identified any significant risks of modern slavery, forced labour, or human trafficking in our supply chain. However, we continue to be alert to the potential for problems.

Additionally, we have taken the following steps to minimise the possibility of any problems:

  • We reserve the right to conduct spot-checks of the businesses who supply us, in order to investigate any complaints.
  • We require the businesses we work with to publish a modern slavery statement.
  • Only senior members of staff who have undergone appropriate training for assessing modern slavery risks in the supply chain are authorised to sign contracts and establish commercial relationships in any area where we have identified the potential for risk.
  • We ensure that all of our suppliers are members of appropriate industry bodies and working groups.

Our staff are encouraged to bring any concerns they have to the attention of management.

  1. Our Performance

Based on the potential risks we have identified, we have established the following key performance indicators, which are regularly assessed by our board of directors:

  • the percentage of suppliers who provide their own modern slavery statements.
  • the percentage of candidates engaged through our preferred supplier list.
  • the effectiveness of enforcement against suppliers who breach policies.
  • the amount of time spent on audits, re-audits, spot checks, and related due diligence.
  • the level of modern slavery training and awareness amongst our staff.

We benchmark our indicators against industry best-practice in order to ensure that we do not put undue pressure on our suppliers that might increase the potential for risk.

  1. Our Training

Our staff receive training and support that is appropriate to their role. In particular:

  • Our leadership team receive training in identifying and resolving concerns around modern slavery and human trafficking.
  • Our recruiters, HR personnel, and staff involved in our procurement and supply chains undertake training that includes guidance around modern slavery and human trafficking, as well as other wider human rights issues.
  • All of our staff receive awareness-raising information around issues involving modern slavery and human trafficking, so that they can bring any concerns they have to the attention of management.

As part of this our staff are encouraged to discuss any concerns that they have and training is refreshed regularly as necessary.

James Constable, Chief Executive Officer, Albany Beck Worldwide Limited