Endeavour Energy is committed to ensuring there is no modern slavery in our supply chain or in any part of our business and is taking appropriate steps to ensure that any suppliers that we work with have a similar commitment.
Our Modern Slavery Statement is in accordance with the Australian Modern Slavery Act 2018 (Cth).
Our governance framework
Endeavour Energy operates under a robust framework of corporate governance. This framework includes the processes by which the business is directed, controlled, and held to account; and is a key element in maintaining the integrity of the business and its culture of compliance.
Our employee and contractor rights
Endeavour Energy operates in a highly regulated environment. Its recruitment and engagement of employees and contractors is aligned with applicable legislation and governed by internal policies and procedures to comply with applicable legislative obligations.
Endeavour Energy has an existing supplier governance framework to assess suppliers against specific risk categories prior to contract award. The prequalification process is completed for all strategic sourcing events.
Our supply chain
In FY20 Endeavour Energy engaged with approximately 1,500 direct suppliers over 11 countries (including Australia). 98% of Endeavour Energy’s total direct procurement spend is within Australia, with the greatest spend relating to vegetation management, civil and construction services, ICT and equipment and inventory.
Endeavour Energy’s risk appetite is set by the Board and articulates our risk appetite in relation to modern slavery. The Group has no appetite for modern slavery, as defined in the Modern Slavery Act 2018 (Cth), within its operations and supply chain.
Modern slavery risks are considered and assessed in line with and as part of Endeavour Energy’s overall corporate risk framework.