Coronado recognises that modern slavery can occur in many different forms and includes human trafficking, slavery, servitude, forced labour, debt bondage, forced marriage and child labour. Coronado further recognises that it has an important role to play in respecting the protection of internationally proclaimed human rights and maintaining a high degree of corporate governance over its operations to ensure that it is minimising the risks of any form of modern slavery both in its own operations and the operations of its suppliers. To that end, Coronado is committed to appropriately assessing the modern slavery risks associated with its operations and addressing those risks accordingly.
We published our first Modern Slavery Statement (FY20 MSS) in 2021, which outlines Coronado’s response to modern slavery risks in our supply chains. We conducted a review of our operations and supply chain, leveraging insights from our people, processes and policies, supply chain data and external sources of information, to understand Coronado’s exposure to modern slavery risks.
In developing our actions and roadmap for FY21-FY22 (as set out in our FY20 MSS), we consulted international frameworks and guidelines to identify opportunities to strengthen our approach in reducing modern slavery risks. Our approach and actions are aligned with best practices defined in the United Nations Guiding Principles on Business and Human Rights, and the OECD Guidelines on Multinational Enterprises.