UK Modern Slavery Act Statement

This statement has been produced in compliance with the requirements of section 54(1) of the Modern Slavery Act 2015. It sets out our stance on tackling modern slavery and reducing the risk of modern slavery and human trafficking in our business and supply chain. This report is submitted by WeWork International Limited on behalf of itself and all of its subsidiaries with operations in the UK (together “WeWork”). It also references the operations and policies of The We Company - the ultimate parent company of WeWork International Limited - which are designed to mitigate the risk of modern slavery in our global business.

About WeWork

WeWork is driven by the goal to create a world where people work to make a life, not just a living. We are dedicated to redefining success measured by personal fulfilment, and not just by financial gain. People, community and our values are at the heart of everything we do because we know that when we work together we can achieve great things.

Entrepreneurs, creatives, small and large businesses alike call our innovative workspaces home, each a member in the WeWork world, with access to a global community. Community is our catalyst. Based on the concept of offering space as a service, we currently operate over 630 office space locations across 34 countries and 5 continents. Through our extended WeWork network we now touch and have a positive impact on almost 5 million people around the world. We are confident that we will reach many more in the near future.

We recognise that, as a global company, we have a responsibility to look after and protect the wellbeing and safety of those who work with us and for us. We are committed to working together effectively and being present for and supportive of each other: this commitment extends to our employees, our members, our vendors and the communities in which we operate.

We continuously seek ways to empower our employees to support and connect with local communities, driving positive impact and change to improve the lives of our members, employees and those individuals involved in our wider operations.

Our Core Values

Inspired
We do what we love and are connected to something greater than ourselves.
Entrepreneurial
We are creators, leaders, and self-starters. We try new things, we challenge convention, and we’re not afraid to fail.

Authentic
We are genuine to our brand, mission, and values. We're not perfect, and we don't pretend to be. We are always honest and as transparent as we can be.
Tenacious
We never settle. We get sh*t done and we get it done well. Be persistent and knock down walls– literally if you have to. You have our permission.

Grateful
We are grateful for each other, our members, and to be part of this movement. We don't take success for granted. We’re happy to be alive.

Together
We are in this together. This is a team effort. We always look out for one another. We have empathy, we know we're all human, and know we can’t do any of this alone.

Our commitment to identify and reduce risks relating to modern slavery and human trafficking in our supply chain and our wider business operations is a natural and important extension of our mission and values. We have zero tolerance for any instances of forced or bonded labour or human trafficking in our supply chains.

Our Commercial Relationships

Our intention to fight against modern slavery and human trafficking is strengthened by our desire to work only with people and companies that support our mission and share our values. We will enhance our contracting procedures to ensure our business partners are fully aligned with this objective.

We strive to take all reasonable and practical steps to ensure that our standards are being implemented throughout the businesses of our suppliers and that local legislation and regulations are complied with. We will identify particular areas of potential risk within our supply chain, and take steps to mitigate them.

Policies, Procedures & Training

As part of our strategy to identify and mitigate risk in our supply chain (including in relation to that of human trafficking and slavery) we operate a range of policies and procedures within The We Company. These include the policies and procedures in relation to whistleblowing, anti-money laundering and anti-bribery. We assess any instances of non-compliance on a case-by-case basis and then tailor remedial action appropriately.

We provide training to our employees in relation to anti-bribery and anti-corruption and we appoint “compliance captains” throughout The We Company to help raise awareness and disseminate information on ethics and compliance matters. This provides for a two-way dialogue and helps us to ensure that we have eyes and ears on the ground throughout our global operations. We also have a whistleblowing hotline in place to enable our employees and partners to report ethics concerns easily and anonymously.

Our global procurement policy sets out our approach to the purchasing of the materials, goods and services which are essential to the creation and operation of our communities. This policy sets out the mandatory process for engaging the vendors who will work with WeWork and it sets out our standard for vendor vetting and verification, obtaining trade references and securing the contractual relationship. It aims to ensure that we work with reputable vendors that share our values.

Assessment of Effectiveness in Preventing Modern Slavery

WeWork is a dynamic and fast-growing organization with the intention and opportunity to have a great positive impact on the communities that it touches. We know that we must be particularly alert to new risks and opportunities that will arise as a result of our operations. We continue to reflect on, develop and enhance our approach to combatting modern slavery and human trafficking in our wider business and supply chain, reviewing processes and policies, assessing their value and identifying opportunities to improve them.

We look forward to reporting on our progress in future modern slavery statements.

This statement has been approved by our Board of Directors, who will review and update it on an annual basis or more often as we progress with the objectives set out in this statement.

Last updated on 29th March 2019.