Vicinity announces Modern Slavery Statement

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Shopping Centre News

March 10 2021

5min read

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Vicinity Centres has released its first Modern Slavery Statement detailing how it will work to further embed ethical working standards across its business, helping to protect direct and indirect employees.

Part of Vicinity’s broader sustainability strategy, the actions outlined in the statement build on steps already taken to drive Vicinity’s teams, including approximately 3,600 suppliers across Australia, to effectively mitigate human rights and modern slavery risks through process, policy and reporting mechanisms.

“Sustainability is fundamental to the long-term performance of our business,” said Vicinity CEO and Managing Director Grant Kelley. “We recognise identifying, managing and mitigating potential modern slavery risks in our operations and supply chain is important for security holders, our teams, customers and the communities where we operate.

“We are already taking proactive steps to identify, report and address modern slavery, with a focus on higher risk industries such as cleaning and security, and our first Modern Slavery Statement captures this work to encourage continued progress,” said Kelley.

A review of national procurement was conducted in 2020 to understand how modern slavery risks and broader environmental, social and governance (ESG) risks in the supply chain could be considered and effectively managed throughout the business. As a result, a Responsible Procurement Action Plan was developed and identified initiatives to ensure ESG risks are appropriately managed in Vicinity’s supply chain.

A Responsible Procurement Action Plan was developed and identified initiatives to ensure ESG risks are appropriately managed in Vicinity’s supply chain

We have introduced the use of a supplier sustainability assessment to review ESG practices and reinforce clauses in maintenance service agreements that prohibit subcontracting without prior approval, allow us to conduct routine supplier audits and require payment of workers in compliance with modern awards,” said Meredith Banks, Vicinity’s Head of Sustainability.

“Our team has also engaged with strategic operational suppliers to discuss and monitor compliance and we conduct an annual audit program of cleaning and security suppliers through independent workplace relations experts.

“As we progress Vicinity’s plan to address modern slavery risks, our teams will continue to collaborate with suppliers to address risks and further refine and expand Vicinity’s evaluation mechanisms,” she concluded.

More information on Vicinity’s first Modern Slavery Statement can be found HERE

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Shopping Centre News

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Shopping Centre News (SCN) is in the ‘information business’, and is perceived as such by its readers. Daily industry news makes shoppingcentrenews.com.au a must-visit as part of the morning routine for those who want to keep right across the latest retail developments and events, while SCN's premium magazine is the leading publication for the shopping centre industry in Australia and New Zealand. Known as the ‘industry bible’ SCN is printed five times a year with fascinating, in-depth features and important critical analysis written by known industry insiders as well as the popular ‘Guns’ reports, which ranks Australian shopping centre performances. Shopping Centre News is the only publication in the world that features centre statistics on Turnover, Turnover per square metre and Specialty Shop turnover per square metre for every major centre in Australia.
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