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The CRU group of companies (CRU) specialises in mining, metal and fertilizer commodities, delivering business intelligence through analysis, prices, consulting and events. At the heart of our culture is a strong set of company values: quality, integrity, team focus, customer focus and growth. These core values emphasise our approach to all our stakeholders and underline our desire not only to do things right, but to do the right things. Consequently, we believe there is no place for slavery, servitude, forced and compulsory labour or human trafficking in modern society. This statement is pursuant to Section 54 of the Modern Slavery Act 2015 and outlines the steps that CRU have taken to ensure that modern slavery has no place in our business or our supply chains.

CRU is formed of five core areas with eleven international offices. CRU Analysis delivers independent market analysis on a comprehensive range of global commodities. CRU Prices publish high quality price assessment in a wide range of commodities. CRU Consulting provides informed and practical advice to meet the needs of our customers and their stakeholders. CRU Events creates industry leading commercial and technical events for the global commodity markets. CRU Sustainability helps companies manage the challenges in an ever-changing sustainability landscape. Our business is central for the commodity market and we are committed to conducting business with honesty and integrity.

CRU’s Governance, Risk & Compliance Committee has taken the lead on responsibility for the development and implementation of our anti-slavery initiatives. This committee aims to ensure that CRU is taking the correct pro-active approach to the subject and assess and manage any potential risk.

Whilst we consider our risk to modern day slavery to be low, our supply chain is many and varied. We have considered each of our key business areas and determined that there are three key areas where we should focus this year’s modern-day slavery initiatives;

  • Our Office managers will continue to review and attest to their division’s supply chain and take necessary steps to mitigate any exposure to the risk of modern-day slavery.
  • We will review our vendor information forms and look to include attestations for modern slavery.
  • Our CRU Events team will continue to bolster their good practice and understanding in relation modern day slavery. The team will undertake training to ensure a greater understanding to the risks of modern-day slavery.

This statement will be reviewed annually. Should you require any further information on our Statement on Modern Slavery please contact: compliance@crugroup.com

This statement has been published in accordance with Modern Slavery Act 2015 section 54 (1) and approved by CRU International Ltd Board of Directors for the financial year ending September 2022.

David Trafford, CEO, CRU International Limited.