This statement is made pursuant to section 54 (1) of the Modern Slavery Act 2015. This requires organisations to publish a statement each financial year that includes details of the steps taken to ensure modern slavery or human trafficking does not take place in its business or supply chains.
Saffery Champness LLP (Saffery Champness) is a professional services firm of Chartered Accountants and Registered Auditors providing accountancy, taxation and related services to a range of clients, including private individuals, corporates and not-for-profit organisations, operating out of 9 offices across the UK. Saffery Champness has 81 partners and over 700 employees. This statement covers all UK subsidiaries of Saffery Champness, a list of which are recorded in the firm’s annual accounts available at Companies House.
As professional advisors, much of our work is undertaken by our staff either at our clients’ premises or in our own offices. Our professional services supply chain is composed, in the main, of other regulated professional service firms and individuals. These are subject to supervision by their own oversight bodies such as the ICAEW, ICAS, ACCA, SRA and FCA and consequently we have assessed the risk of them being involved in slavery and/or human trafficking as low.
Our non-professional services supply chain comprises mainly of organisations providing IT and office services (such as premises, security, catering and cleaning). Since our last statement update in September 2020, our entire supplier network has been categorised by service provided, geographic location and annual spend, and we have established a quantum of spend proportionate to the size of each of our offices to identify which of our suppliers we need to review in more detail.
In our next financial year we will conduct a supplier due diligence exercise designed to assess the potential for modern slavery or human trafficking in the supplier’s business or their supply chain.
In addition, we are reviewing our staff training to make certain we provide not only an awareness of the Act and our obligations, but a framework for responding to an incident or identification of a potential incident. We are also reviewing our related internal policies and enhancing our monitoring, remediation and reporting frameworks.
In conjunction with changes in legislation we are continually looking for ways in which we can enhance our business practices to identify and mitigate the abuse and exploitation of vulnerable workers from crimes associated with the Modern Slavery Act and our statement reflects our Partners’ commitment to its principles.
Managing Partner and Designated Member
Saffery Champness LLP
31 March 2021