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Human Trafficking Statement for Fiscal Year 2018

Warner Music Group is committed to conducting business ethically and upholding basic human rights in all its operations. At WMG, we are both complying with the UK’s Modern Slavery Act and taking steps as a company to support their effort in eliminating human trafficking. WMG and its subsidiaries are implementing the following measures to support our zero tolerance policy for modern slavery and human trafficking anywhere in our supply chain, including our third-party vendors.

 

Internal Accountability

As set out in the WMG Code of Conduct, as well as our Whistleblower and Anti-Corruption policies, we seek to promote honest and ethical conduct and support compliance with applicable laws and regulations wherever in the world our business is conducted. All employees and officers of WMG must certify having received the Code, acknowledge that they understand its contents, and agree to comply with its terms in both spirit and law.  

 

Supply Chain Review

We source our goods from a diverse supply base and we have a zero tolerance policy for any suppliers who do not comply with all laws, including laws pertaining to trafficked, bonded, child, prison, indentured or forced labor. Wherever possible, we build long standing relationships with local suppliers and insist on visibility into their business standards.

In FY18 we developed and started the distribution of the WMG Supplier Code of Conduct, which reflects those standards that we ask of ourselves and which we look for in our partners. These standards are designed to, among other things, ensure that the human rights of workers are upheld and that workers are treated with respect and dignity by each of our partners, suppliers, licensees and advisers.

During the last year we also engaged the services of a SME to assist us in the profiling of our suppliers along with the mapping of our current monitoring process to identify any possible gaps.

We will continue to review our business and supply chains and undertake audits of existing and potential suppliers to ensure that, so far as possible, the supply chain is always operating ethically and consistent with the standards of WMG. Our review thus far has identified no evidence of trafficked, bonded, child or forced labor within our supply chain.

 

Training

The WMG Compliance and Ethics Education Program is offered to reinforce our shared goals and values, and to provide employees guidance on a broad range of ethics and compliance issues. Upon joining the company, all employees receive training that covers the topics of human trafficking, modern slavery and child labor. Employees that are responsible for engaging with suppliers receive additional training to ensure they can identify any issues within the business and report concerns to senior management or through appropriate whistle blowing mechanisms.

This Statement is made pursuant to Section 54 of the Modern Slavery Act 2015 and constitutes our human trafficking statement for the previous financial year (FY18).  The board of directors of Warner Music Group delegated approval of this statement on its behalf to the Chief Compliance Officer of WMG.  

 

Trent Tappe

SVP, Deputy General Counsel and Chief Compliance Officer

Warner Music Group

 

February 21, 2019