Modern Slavery Statement

We actively take steps to mitigate the risk of slavery, servitude and forced or compulsory labour and human trafficking (collectively ‘slavery and human trafficking’), within our businesses and our supply chain. 

• Suppliers: Under the Group Supplier Sustainability Principles, suppliers shall ensure that their practices comply with the Principles which prohibit child labour, involuntary labour and forced labour in their operations. Suppliers are also expected to promote responsible conduct among their suppliers in line with the Principles.
• Clients: Our Responsible Financing Policy prohibits the financing of the companies involved in exploiting labour, including forced labour and child labour. We conduct ESG due diligence on our corporate customers and work with them to identify, manage, monitor and redress any adverse impacts related to human rights with which they or their business is involved. 

Under UOB’s Whistle-Blowing Policy, individuals may report anonymously on suspected or actual wrongdoing in confidence. The policy sets out the channels through which reports may be made and the procedures by which Group Audit investigates the reports. UOB prohibits reprisal in any form against whistle-blowers who have acted in good faith. 

Read the UOB Group’s Modern Slavery and Human Trafficking Statement 2023