Bupa releases 2024 Modern Slavery Statement

As a purpose-led organisation, Bupa Australia is committed to helping people live longer, healthier, happier lives and making a better world.

For us to live our purpose, we recognise the need to be a responsible business. That’s why we continue to evolve our approach to identifying and mitigating modern slavery risk, ensuring year-on-year improvement to help combat this global problem. This Modern Slavery Statement is prepared in accordance with the Australian Modern Slavery Act 2018 (Cth) (the Act), covering the reporting period between 1 January 2024 and 31 December 2024.

Throughout 2024, we have continued to mature our approach to identifying, assessing and addressing areas of modern slavery risk within our operations and broader supply chain. There were no modern slavery risks or incidents reported via Speak Up (our whistleblowing platform) or our incident management system during the 2024 reporting period.

Some of the highlights of our modern slavery work in 2024 were:

• Launching our Third-Party Management Framework (TPMF) in April, including the requirement for modern slavery risk assessments and subsequent due diligence for suppliers identified with higher modern slavery risks;
• Introducing a required annual training and awareness module for our Executive and Senior Leadership, achieving a 100% completion rate in 2024, and providing modern slavery awareness sessions to other employees;
• Prioritising modern slavery risk initiatives with our health insurance international and corporate partnerships;
• Assessing the effectiveness of our modern slavery risk management controls and providing framework for our 2025 Modern Slavery Work Plan and priority focus areas; and
• Continuing to collaborate with health insurance industry participants through the Private Health Insurance Modern Slavery Community of Interest, and our partnership with Anti-Slavery Australia to enhance our awareness of emerging modern slavery risks, and improve existing anti-slavery initiatives.

Looking forward, we’re committed to doing what is necessary to mitigate the risks of modern slavery in our business in 2025 and beyond.

Bupa Australia’s 2024 Modern Slavery Statement can be found here.