Modern slavery statement
Atom Bank PLC has a zero-tolerance approach to any form of modern slavery. We are committed to acting in an ethical manner, with integrity and transparency in all business dealings.
We are committed to creating and improving the existing systems and controls in place to safeguard against any form of modern slavery taking place within our business or our supply chain.
We are a financial institution offering retail banking services in the banking and finance sector. We have over 420 employees and operate in the United Kingdom.
Our policies on slavery and human trafficking
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. We have made a 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.
Atom has several policies in place which aid in the prevention of modern slavery and human trafficking, ensuring that labour standards are met, and provide avenues for correction and redress should there be a violation. These include:
- Whistleblowing Policy;
- Outsourcing and Procurement Policy; and
- Vetting Policy.
We have in place, or are looking to implement, systems to:
- identify and assess potential risks in our supply chains;
- mitigate the risk of slavery and human trafficking occurring in our supply chains;
- monitor potential risk areas in our supply chains; and
- protect whistleblowers.
As part of our initiatives to identify and mitigate risk, we conduct due diligence on all suppliers. This includes adverse media analysis, where appropriate, and, for key/critical suppliers, a due diligence questionnaire in combination with a review of suppliers’ policies.
Compliance with all applicable laws, including modern slavery, forms part of our contract that we look to put in place with key suppliers. Atom will only deal with third parties where it is satisfied the third party operates in a manner consistent with Atom’s core values.
Approval for this statement
This statement is made pursuant to s. 54(1) of the Modern Slavery Act 2015 and constitutes our slavery and human trafficking statement for the financial year 2020/21. Atom’s financial year ends on 31 March and this statement was approved by the Board of Directors on 13 August 2021.
BRIDGET ROSEWELL, CHAIRMAN
16 AUGUST 2021