Genius is one of the market-leading B2B providers of scalable, technology-led products and services to the sports, sports wagering and sports media industries. Genius is a fast-growing business with significant scale, distribution and an expanding addressable market.
Genius sits at the heart of the global sports betting ecosystem where it has deep, critical relationships with over 400 sports leagues and federations, 150 sportsbooks and over 100 marketing customers in 150 countries worldwide. Genius provides the following services to its partners globally:
Given the nature of Genius’ business, we consider the risk of modern slavery being present in our supply chain to be low. Some of our services are outsourced to third party suppliers and we have reviewed and tested various outsourced supplier risk management systems to assist with our supply chain compliance programme and currently are in implementation phase. This system vets existing suppliers and assist with due diligence prior to engaging with new suppliers. High risk suppliers include light manufacturing services, landlord facility and site staff, IT services and contract cleaning services. We do not source any raw products or materials.
As part of our initiative to identify and mitigate risk we are currently reviewing our systems and processes. We have a zero tolerance to slavery and human trafficking. To ensure all those in our supply chain and contractors comply we continue to enforce a supply chain compliance programme which aims to:
We have a dedicated team which consists of representatives from the following departments:
In 2020, due diligence for Tier 1/direct suppliers included:
The final point has been particularly prudent regarding the COVID-19 pandemic in 2020 as we onboarded new temporary high-risk cleaning and disinfection services in 4-5 of our offices. We noted that some workers may be more vulnerable to modern slavery risk during the COVID-19 pandemic. Therefore, in relation to new and existing cleaning and disinfection services, we provided health & safety guidance and standards to suppliers and attempted to reduce labour risk to workers through opting for 80-100% retained or reallocated services to enable companies to put their workers on furlough (or equivalent funding schemes).
To ensure an understanding of the risks of modern slavery and human trafficking in our supply chain and our business, we provide guidance for our key supplier ‘touchpoint’ teams to follow as appropriate. The programme resources were comprised from the Anti-Slavery Partnership Toolkit and the Home Office Modern Slavery Training Resources pages. The annual training includes; raising awareness of the signs of modern slavery, the responsibilities of supplier ‘touchpoint’ individuals and information on how to flag and escalate concerns.
In 2020, we undertook a number of measures to ensure we were effectively monitoring the labour and ethical standards of our suppliers and to ensure, to the best of our knowledge, that slavery and human trafficking is not taking place within our supply chain:
Following a review of the effectiveness of the steps we have taken this year; we intend to take further steps to combat slavery and human trafficking.
In 2021, we are committed to continuing to develop our approach to Modern Slavery and to ensure that we meet our sustainable procurement objectives. Key measures and objectives we have set out to achieve are:
This statement is made pursuant to Section 54(1) of the Modern Slavery Act 2015 and constitutes Genius’ slavery and human trafficking statement. It was approved by the Board on 16th December 2020.
Genius Sports Group Limited