The Prince’s Trust is a incorporated by Royal Charter (RC000772), with registered charity number (1079675) in England and Wales and (SC041198) in Scotland. Our trading company is Prince's Trust Trading Limited with registered company number (0316182.)
We work with young people in the United Kingdom to develop the confidence to live, to learn and to earn. Much of our support for young people is delivered through partner organisations and with the aid of volunteers. We also work with a diverse range of sponsors, funders and suppliers who will have their own suppliers, sub-contractors and partners.
The Prince’s Trust has a wholly-owned non-charitable subsidiary, Prince’s Trust Trading Limited (with registered company number 0316182) which undertakes The Prince’s Trust’s commercial activities.
The Prince’s Trust also has five charitable subsidiaries which carry out work in other countries:
- Prince’s Trust International (PTI)
- Prince’s Trust Canada (PTC)
- Prince’s Trust Australia (PTA)
- Prince’s Trust New Zealand (PTNZ)
- Prince’s Trust America (PTAm)
These charitable subsidiaries, together with Prince’s Trust Trading Limited and The Princes’ Trust form The Prince’s Trust Group.
None of the entities in The Prince’s Trust Group (whether separately or combined) have an annual turnover of £36 million from the provision of goods and services (as set out in the Act). Therefore, although we are not required to make a modern slavery statement under the Act, The Prince’s Trust is choosing to voluntarily comply as we believe it is incumbent upon all organisations to do what they can to tackle modern slavery and human trafficking. This statement is intended to show our commitment to ethical trading principles and to set out the steps we are taking in the business of The Prince’s Trust and Prince’s Trust trading and in our supply chains. In relation to our charitable subsidiaries, we have set out our expectation that they procure goods and services in a transparent way, having regard to the Act.
We have assessed the main relevant areas of The Prince’s Trust’s business as follows:
- Procurement of goods, works and services to support our operations, including contract cleaning services, merchandise, office supplies and equipment, travel services, and IT delivery and support. This would also cover the use and recruitment of agency workers, temporary workers and consultants.
- Use of delivery partners to carry out our programmes, particularly in relation to programmes where programme participants may obtain temporary or permanent employment as a result of their participation.
We have a number of policies in place to assist us in our in ensuring compliance with the Act:
- Procurement Policy - covering all procured goods, works and services and the services of delivery partners;
- Whistleblowing Policy;
- Anti-corruption and Bribery Policy;
- Fraud and Theft Policy;
- Money Laundering Policy;
- Ethical Fundraising Policy;
- Safeguarding Policy.
We are committed to ensuring that value for money does not compromise our obligations or our commitment to the Act. Our commitment to the eradication of modern slavery is shown in a number of actions which are undertaken by us.
Risk management plays a key part in the identification, management and escalation of risks within the supply chain. This process enables the Council of The Prince’s Trust to evaluate compliance with the Act.
- The policies listed above are scheduled for review at least every three years, to ensure they are up to date and relevant to the work that we do.
- Our Procurement Policy sets out the use of an ethical trading form and standard supplier questionnaire to ensure all delivery partners and suppliers are checked for compliance before entering into agreements.
- We carry out appropriate due diligence (in line with our Ethical Fundraising Policy) on those organisations/individuals who wish to fundraise with or for us.
Key Performance Indicators
To measure the effectiveness of the steps we have taken we sign up to the below KPIs.
- Delivering an internal awareness campaign throughout The Prince’s Trust employees regarding modern slavery.
- Ensure that 100% employees are exposed to modern slavery awareness-raising, including how to spot the signs and how to report it.
- Ensure that 100% of all inductions for temporary labour (including contractors and interims) include modern slavery awareness.
- Procurement and Modern Slavery training has been rolled out to staff and volunteers, and is refreshed on a regular basis.
- Supplier communication and verification programme which confirms that suppliers have received and understood The Prince’s Trust’s position regarding modern slavery
- Develop supplier education partnerships with those identified as high risk.
- Engage in proactive modern slavery education programmes with those suppliers who have raised issues or concerns.
- Number of instances of modern slavery identified as a result of intelligence shared with law enforcement etc.
We intend to take the following further steps to combat slavery and human trafficking:
- We continue to review our contract arrangements with programme partners to ensure that any new or renewed contracts contain appropriate wording regarding modern slavery.
- We continue to use template terms and conditions for suppliers who work with The Prince’s Trust to include wording regarding modern slavery.
- We continue to review our behavioural framework for staff and ensure that there are clear mechanisms in place to signpost staff and volunteers to additional policies and resources.
- We ensure that recruitment agencies on our preferred supplier list are reputable agencies – and require that all those on our preferred supplier list have appropriate modern slavery provisions.
- We will carry out a further review of what we expect of suppliers and have standard wording setting out our standards and expectations, to be reflected through their supply chains.
- We will continue to increase our safeguards in our supply chains. Initial work will focus on those suppliers where we assess there is the greatest potential risk.
Effectiveness in combatting slavery and human trafficking
We will continue to keep our effectiveness under review and to make changes to our operations and our ongoing work if they are not proving to be as effective as they ought to be.
To ensure a high level of understanding of the risks of modern slavery and human trafficking in our supply chains and our business, we recognise the importance of staff training and have already rolled this out.
Over the next year we will continue to seek improvements to training processes for staff and volunteers, including widening the scope of training to include modern slavery as well as child trafficking.
This voluntary slavery and human trafficking statement is made in connection with section 54(1) of the Modern Slavery Act 2015, for the financial year ending 31st March 2022.
It was approved by The Prince’s Trust Council on 28th March 2022.
On behalf of The Prince’s Trust
Date: 8th April 2022