The company discloses what measures it takes, strategies it pursues and targets it sets for itself and for the supply chain for ensuring that human rights are respected globally and that forced and child labour as well as all forms of exploitation are prevented. Information should also be provided on the results of the measures and on any relevant risks.
Deutsche Hypo introduced a policy for human rights and labour standards at the end of 2015 in which the Bank acknowledges its social responsibility. However, as the bank’s purchases mainly relate to materials and office equipment, measures relating to the supply chain are a low priority for Deutsche Hypo. Moreover, the Bank assumes that the suppliers who are for the most part local to the region in which the offices are located (in Germany, Great Britain, France, the Netherlands and Poland) comply with human rights standards.