Introduction

This statement relates to actions taken during the financial year from 01 January to 31 December 2024.

This statement details the actions taken by Britannia to understand and manage all potential modern slavery risks related to its business and to ensure that as far as possible there is no human trafficking or slavery in its supply chain.

Britannia acknowledges its responsibilities under the Modern Slavery Act 2015 (the “Act”) and seeks to ensure that conditions for its employees are of a good standard and that none of its practices infringe on any legal or ethical requirements. Britannia takes a zero-tolerance approach to slavery and human trafficking and works to ensure that its business and supply chain are free from such as far as reasonably practicable.

Britannia operates on the core values of Agility, Entrepreneurship, One STADA and Integrity, which ensures that it works to avoid working with organisations that may not comply with the Act any other relevant legislation on a global level.

Organisational Structure

This statement covers the activities of Britannia.

Britannia is a UK based pharmaceutical company, part of the STADA group of companies. Its primary expertise is in the development and marketing of products in the area of Parkinson’s disease. Additionally, it has developed non-opiate-based therapeutics to assist in opiate detoxification and withdrawal and a therapy for the treatment of severe schizophrenia.

As a purchaser of materials, manufactured products, and services from around the world (including in EMEA, USA and Asia Pacific) it strives to conduct its business with partners and suppliers that share the same high ethical standards.

All countries in which Britannia operates or is looking to operate in will be assessed using the following sources of information:-

  • Walk Free Foundation listing of worst countries for child labour;
  • The Global Slavery Index;
  • The Child Labour Index; and
  • Chartered Institute of Purchasing and Supply reference guidance.

Where a country is deemed a high-risk Britannia will take all reasonable steps to ensure all workers have appropriate employment contracts, are of legal working age, and are paid a wage commensurate with the work that they do and the relevant practices in the country where that work is carried out. In the UK, Britannia strives to ensure it is compliant with all relevant employment legislation.

Our Supply Chain

Britannia purchases medicines and medical products as well as pharmaceutical ingredients, componentry, and services from third party suppliers.

Currently all its suppliers are being strongly encouraged to comply with Britannia’s Code of Ethics for procurement and supply practices.

Effective 1st January 2017, all suppliers must complete an Ethics questionnaire prior to Britannia doing business with them (and entering into a formal supply contract). The supplier will be required to provide information with regard to its policies on human rights and workplace conditions to ensure these are consistent with the requirements of the Universal Declaration of Human Rights and the International Labour Conventions.

Britannia will also require its suppliers to provide information and, where appropriate, evidence to demonstrate that they are also fully compliant with the requirements of the Act. All future commercial contracts will, where relevant, also include appropriate clauses and undertakings regarding the supplier’s compliance with the Act.

No supply contract will be awarded to any supplier who is not able to comply with the undertakings detailed in the Act and any breach of the Act by a supplier will result in dialogue with that supplier and potentially the termination of that supply contract.

Relevant policies

Britannia operates the following policies that describe its approach to the identification of modern slavery risks and steps to be taken to prevent slavery and human trafficking in its operations:

  • Whistleblowing policy: Britannia encourages all its workers, customers and other business partners to report any concerns related to the direct activities, or the supply chains of, Britannia. This includes any circumstances that may give rise to an enhanced risk of slavery or human trafficking. Britannia’s whistleblowing procedure is designed to make it easy for workers to make disclosures, without fear of retaliation.
  • Employee code of conduct: Britannia’s code of conduct makes clear to its employees the actions and behaviour that is expected of them when representing Britannia. Britannia strives to maintain the highest standards of employee conduct and ethical behaviour when operating both within the UK and abroad and when managing its supply chain.
  • Supplier Code of Ethics: Britannia is committed to ensuring that its suppliers adhere to the highest standards of ethics. All suppliers are required to demonstrate that they provide safe working conditions, treat workers with dignity and respect, and act ethically and within the law in their use of labour. Britannia works with suppliers to ensure that they meet the standards of the code and to improve their worker’s working conditions.

Approval

This statement has been approved by the Managing Director of Britannia on behalf of Britannia’s board of directors, who will review and update it annually.

Mr Robert Wood

31 December 2024