Purpose

Modern slavery is a violation of fundamental human rights. At its essence, modern slavery is forced or bonded labour and involves the deprivation of a person’s liberty by another in order to exploit them for personal or commercial gain.

We are committed to improving our practices to combat modern slavery and we wish to publish this statement to that effect on behalf of Kora Corporation Limited trading as Kora Healthcare. This statement also constitutes our human trafficking and modern slavery transparency statement pursuant to the UK Modern Slavery Act 2015 (the Act). The Republic of Ireland has similar legislation, primarily the Criminal Law (Human Trafficking) Act 2008, as amended by the Criminal Law (Human Trafficking) (Amendment) Act 2013.

Our Business

We are a pharmaceutical business and less than 50 employee’s. We have offices in Dublin, York and Toronto. It is Kora Healthcare’s policy to conduct all business ethically and to comply with all applicable legislation.

Our Commitment

As a pharmaceutical company, we believe that the risk of modern slavery occurring within our business is low. Nevertheless,

  • we are committed to combatting modern slavery in all its forms.
  • we have a zero-tolerance approach to modern slavery – in any part of our business or our supply chain.
  • we are committed to conducting our business honestly, ethically and with integrity.
  • we expect the same high standard of those with whom we work.

We encourage openness amongst our employee’s at Kora Healthcare and will support any employee who suggests ways in which our policies and our commitment may be improved.

 

Reporting knowledge or suspicion of slavery or human trafficking

All employees within Kora Healthcare have a statutory obligation to report knowledge or suspicion of slavery or human trafficking. Any genuine suspicion or knowledge of slavery or human trafficking is to be immediately reported to Management who will decide what further action, if any, is deemed necessary. Employees who raise concerns of slavery or human trafficking in good faith may do so without fear of discrimination or reprisal. These provisions do not replace any legal reporting or disclosure requirements. Where statutory reporting requirements and procedures exist, these must be fully complied with.

Our Whistleblowing Policy is highlighted to employees on a reoccurring basis. This policy facilitates and encourages employees to raise concerns or disclose information, which relates to wrongdoing, illegal practices or unethical conduct, which may come to their attention through work (including concerns that may relate to modern slavery and human trafficking). This includes the facility for anonymous reporting.

 

Our Suppliers

Kora Healthcare expects all its suppliers to demonstrate a similar commitment to these values and to have high standards in their employment practices. We recognise that Kora Healthcare is exposed to a greater slavery and human trafficking risk when dealing with suppliers of products and services, particularly those who have operations and suppliers in other territories. This is reflected in our quality auditing processes and procurement policies and practices, which seeks to ensure that our supply chain meets our expectations of good human rights practices and share our commitment to the concept of social responsibility, both in terms of their labour force and the wider society around them.

Suppliers to Kora Healthcare are subject to an appropriate level of risk assessment and due diligence and must be in a position to demonstrate that their operations are conducted with integrity and in accordance with all applicable laws and regulatory requirements.

No country, industry or individual is immune from the risk of modern slavery in the supply chains we use and the products we buy. The responsibility falls on all of us to recognise the human suffering that may be implicit in the actions we take, and to make changes to address this.

This Statement is reviewed and updated regularly.

January 2025