We have a zero-tolerance approach to modern slavery and are fully committed to preventing slavery and human trafficking in relation to all our business activities.
Given the nature of our business, our membership, Board and management teams consider that there is minimal risk that, either within the OGCI or the supply chain supporting our business activities, there are any processes in which we could be seen to support or be complicit in slavery and human trafficking.
The Oil and Gas Climate Initiative is a CEO-led initiative that aims to accelerate the industry response to climate change. OGCI member companies explicitly support the Paris Agreement and its aims.
OGCI Climate Investments is a $1B+ fund launched in 2016 by the Oil and Gas Climate Initiative that invests in solutions to decarbonize sectors like oil and gas, industrials and commercial transport.
We operate from offices in London, UK and the US.
Our supply chain
Our supply chain is limited to:
(i) providers of services supporting the operation of our offices (e.g., facilities management, cleaning, catering, IT and communications infrastructure);
(ii) providers of services supporting business’ ongoing operations (e.g., banks, insurance brokers, insurance providers, providers of benefits for our employees, training providers, media and communications agencies) and other business support services (e.g., events management, business travel agencies); and
(iii) providers of professional industry related services including lawyers, accountants, consultants and technical advisors.
We do not act as a producer, manufacturer or retailer of physical goods and have no supply chain in relation to such activities.
Where we act as a purchaser of goods or services, we expect a high level of ethical conduct from those businesses with which we do business.
To date we have not been made aware of any human trafficking / slavery activities within our supply chain but, if any were highlighted to us, then we would act immediately in accordance with our legal and moral obligations.
Our Due Diligence processes
Given that the suppliers and providers we utilise are generally office-based in the UK and US or, to a significant extent, regulated service providers, we consider these to be a low risk in relation to slavery and human trafficking and take no specific action in respect of these relationships.
In case we start engaging with suppliers and providers based in countries with a higher risk of slavery and human trafficking, we will ensure appropriate systems are in place to identify and mitigate the risk of engaging in modern slavery and human trafficking, including through prequalification and/or ongoing monitoring of suppliers and providers.
Our policies on slavery and human trafficking
The employment and procurement practices operated within OGCI ensure that we have a strong reputation both as an employer and with those with whom we do business. We are committed to ensuring that there is no modern slavery or human trafficking in our supply chain or in any part of our business and that we provide good and safe working conditions and competitive terms and conditions of employment for all personnel throughout OGCI.
This statement 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 chain.
The rights and responsibilities of all employees and third parties acting on our behalf are set out in various OGCI and OGCI Climate Investments LLP policies and contracts of employment or contracts for services.
All employees have a responsibly to be alert to the risks, however small, in our business and in the wider supply chain.
To maintain awareness and ensure a high level of understanding of the risks of modern slavery and human trafficking in our business all employees have been made aware of our expectations in this respect through our Code of Conduct and associated regular compliance training.
This statement is made pursuant to section 54(1) of the UK Modern Slavery Act 2015 and constitutes OGCI’s slavery and human trafficking statement for the financial year ending December 2021.
Last Updated: 8th April 2021