EFG Holding does not tolerate child labour. The firm employs individuals recognized as adults by the law and on a purely voluntary basis. EFG Holding believes that children should be in school, not at work; no child should be deprived of a childhood, safety, health or education.

EFG Holding has been a participant in the United Nations Global Compact (UNGC) since 2011 and became a signatory of the United Nations Principles for Responsible Investment (PRI) in 2018. Through its ESG policy, EFG Holding developed guidance on introducing a due diligence on child labour to its business operations.

The EFG Holding Supplier Code of Conduct requires its suppliers to prevent child labour. Any violations of this Code jeopardizes the supplier’s business relationship with EFG Holding, resulting in a discontinuation of the working relationship.

EFG Holding will continue to combat child labour wherever appropriate within its sphere of influence and operation as part of its commitment to uphold human rights and to create a better world for future generations.