ECCO MODERN SLAVERY STATEMENT 2020 The purpose of this statement is to describe the steps taken by ECCO in 2020 to prevent modern slavery and human trafficking in ECCO’s business and supply chains, as well as the steps planned for 2021. The statement responds to the UK Modern Slavery Act 2015 and has been approved by ECCO’s Group Managing Board. INTRODUCTION ECCO has always been a strong supporter of the internationally recognised human rights and the fight against any type of forced labour. Since 1990, this support has been demonstrated through ECCO’s Code of Conduct (CoC), which covers the guiding principles for ECCO’s operations worldwide. Following, several supporting policies have been introduced to support ECCO’s fight against human rights abuse. ECCO is aware of the issue of forced labour and human trafficking across the world, in particular where work is conducted by migrant workers or other vulnerable workers. Abusive working conditions are unacceptable, and ECCO welcomes the growing body of legislation that focuses on preventing modern slavery from occurring. ECCO’S BUSINESS AND SUPPLY CHAINS ECCO is headquartered in Denmark, operates in 89 markets, and owns production facilities in Portugal, Indonesia, Thailand, Slovakia, Holland, China, and Vietnam. ECCO produces high-quality leather and footwear. ECCO is unique in the way that it owns and controls the vast majority of its value chain, from tanning of hides, production of shoes, to sale of products to consumers. ECCO thus owns facilities in what is considered tier 1, 2, and 3 of its supply chain. ECCO’s business model is considered a key strength in its fight against modern slavery. Operating its own R&D, production, and retail operations gives ECCO full control of the working conditions for its 21,400 employees, thereby minimising the overall modern slavery risks related to ECCO. ECCO furthermore has long-standing relationships with the majority of its suppliers who have strong capabilities in terms of product quality and labour standards. This, along with a continuous strengthening of supplier audits and ECCO’s general compliance system, decreases ECCO’s modern slavery risks even further. To learn more about ECCO’s organisational structure and how its shoes are made, please visit: http://group.ecco.com/en. ECCO’S POLICIES ECCO’s CoC, which is signed and overseen by the Group Managing Board, affirms ECCO’s commitment to respect internationally recognised human and labour rights. The CoC makes it clear that ECCO must provide VALUES HERITAGE PASSION INNOVATION CARE EXCELLENCE 21,400 EMPLOYEES WORLDWIDE 70% WOMEN 30% MEN NATIONALITIES
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