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ECO Animal Health Group Plc (ECO) is opposed to slavery and human trafficking in any part of its business or supply chain. We are therefore committed to ensuring that we have suitable procedures and actions in place to identify and prevent these practices.
ECO develops, registers and distributes pharmaceutical products for the global animal health markets. ECO is a public company, trading on the AIM market of the London Stock Exchange and is headquartered in the UK, employing over 200 people across 15 global offices. We are a semi-virtual company, making extensive use of contract research organisations and third party manufacturers to conduct our research projects and produce our products. We sell in over 70 countries via subsidiaries, joint ventures, joint operations and third party distributors.
Our Supply Chains
All of ECO’s supply chains operate within the heavily regulated pharmaceutical sector and must comply with the Good Manufacturing Practice (GMP) and Good Distribution Practice (GDP) requirements to ensure that our products are consistently produced, controlled and shipped according to quality standards. National regulators undertake regular inspections and ECO conducts its own audits of our suppliers and third party manufacturers to ensure continued GMP compliance.
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. As part of our compliance with our slavery and human trafficking policy, that 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 have, for example:
Our Relevant Policies
Our policy on slavery and human trafficking is set out at the commencement of this statement.
In keeping with ECO’s commitment to act with integrity in all its business dealings, many of our existing policies are relevant to ensure that there is no slavery or human trafficking in any part of the business.
Our relevant policies include:
Training is regularly undertaken to ensure our staff have an understanding of the risks of modern slavery and human trafficking in our business and supply chains, how they can identify if it is taking place and what actions they should take.
Examples of such training are as follows:
ECO has established initial key performance indicators (KPIs) to assess the effectiveness of our procedures and activities to ensure that modern day slavery and human trafficking is not taking place in any part of our business or supply chains.
This statement is made pursuant to section 54(1) of the Modern Slavery Act 2015 and constitutes our slavery and human trafficking statement for the financial year ending 31 March 2020.
Approved by the Board