Company
Modern Slavery and Human Trafficking Statement – January 2023
This statement is published on behalf of Ankura Consulting (Europe) Limited (“Ankura”) pursuant to section
54(1) of the Modern Slavery Act 2015 (the “Act”) and constitutes our Modern Slavery Statement for the
financial year ending December 31, 2022. Ankura is committed to preventing modern slavery and human
trafficking in our business and our supply chain.
Ankura is a subsidiary within the Ankura Consulting Group of companies. With 35+ locations and projects
and in more than 115 countries, we solve problems for our clients by operating as one firm, bringing our
team of global team of experts and advisors together and tapping into the right skills and expertise needed
to adapt, innovate, and deliver for our clients. Further information about our business, our values, our
structure, our areas of expertise, the industries and countries in which we operate, can be found on our
website at Home - Ankura.
Ankura’s supply chain consists of suppliers of goods and services to support the services we in turn supply
to our clients.
Ankura has a zero-tolerance approach to modern slavery. The Act defines “modern slavery” as “slavery,
servitude and forced or compulsory labour” as well as human trafficking. Ankura uses the same definition
of “modern slavery” in this statement.
We are committed to acting ethically and with integrity in all our business dealings and relationships and
to implementing and enforcing effective systems and controls to ensure modern slavery and human
trafficking is not taking place anywhere in our own business or in any of our supply chains.
Ankura operates pursuant to a number of Corporate Policies which apply globally for the Ankura Consulting
Group, including a Modern Slavery and Human Trafficking Policy and a Whistleblowing Policy.
Our Modern Slavery and Human Trafficking Policy specifically underscores our company’s zero-tolerance
policy, and 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.
Ankura also introduced a new Supplier Policy on Modern Slavery in 2022 which its suppliers are required
to comply with through their contractual terms.
Ankura upholds individual human rights in all of its operations. In part, this means that Ankura provides
reasonable working hours and fair wages for those who work on its behalf. Ankura opposes the use of
modern slavery in all forms and has zero tolerance for the use of child labour, or human trafficking
practices, whether within its businesses or its supply chains. Further, Ankura will not knowingly do business
with sub-contractors, business partners or suppliers who violate these practices.
Ankura has created a safe, healthy and inclusive workplace with a strong culture of collaboration and
respect for others. This is evidenced by our numerous policies and internal groups focused on diversity
and inclusiveness which reflect Ankura’s values.
All employees are encouraged to report any concerns regarding suspected breaches of our internal policies
or procedures, concerns of improper conduct or violations of applicable laws to their manager or report it
in accordance with our Whistleblowing Policy which operates a confidential 24-hour internet-based
reporting system.
Our policies were updated in 2022 to ensure they reflect best practice and reflect our zero-tolerance
approach to modern slavery.
We are committed to ensuring there is transparency in our own business and in our approach to tackling
modern slavery and human trafficking throughout our supply chains, consistent with our disclosure
obligations under the Modern Slavery Act 2015.
Ankura’s key suppliers are the businesses which help Ankura furnish its office premises (e.g. utilities) or
who supply the firm with technology, infrastructure and other support needed to run the business and
serve our clients (e.g. IT, telecoms, recruitment, stationary and supplies).
Our supplier relationships are based on lawful and fair practices. We expect the same high standards from
all of our contractors, suppliers and other business partners, and as part of our supplier onboarding process
we will be including screening questions and specific prohibitions against the use of forced, compulsory or
trafficked labour, or anyone held in slavery or servitude, whether adults or children, and we require that
our suppliers will hold their own suppliers to the same high standards. Ankura will not knowingly use any
supplier that uses forced, prison or indentured labour.
Ankura will continue to focus on our existing supply chain to identify additional steps that can be taken to
ensure minimising the risk of slavery or human trafficking.
Ankura’s cross-department working group with representatives from Ankura’s legal, finance, procurement,
and human resources business functions, is responsible for assessing and co-ordinating our activities in
relation to modern slavery and human trafficking and reports to Ankura’s Board of Directors.
Ankura’s assessment is that there is a low risk of slavery or human trafficking occurring within its business,
which is commensurate with other professional services firms. There is a greater risk of slavery or human
trafficking occurring within our supply chains, though this is still perceived as low overall.
In 2023 Ankura will be developing a risk assessment and questionnaire for suppliers in industries or based
in countries which may present a higher risk of modern slavery.
All employees across our EMEA & APAC offices, both internal and client facing, were sent an online Modern
Slavery course in 2022. This training is compulsory and helps our employees to understand where the risks
of slavery and human trafficking could arise in our business and supply chain and what to do about it.
Board approval
This Modern Slavery Statement has been reviewed and approved by Ankura Consulting (Europe) Limited’s
Board of Directors
Simon Michaels
Chairman for EMEA and APAC
