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Human Rights Responsibility and UK Modern Slavery Act Statement for FY 2020

Human Rights Responsibility and UK Modern Slavery Act Statement for FY 2020

(CryoLife is providing this statement voluntarily)

CryoLife, Inc. (“CryoLife”), a US company, is headquartered in suburban Atlanta, Georgia, with subsidiaries in North America, South America, Asia, and Europe, including the UK. It is a leader in the manufacturing, processing, and distribution of medical devices and implantable tissues used in cardiac and vascular surgical procedures focused on aortic repair. CryoLife markets and sells products in more than 100 countries worldwide, including the UK, and relies on suppliers principally in the US,  the European Union, and the UK.

It is CryoLife‘s policy to comply with the laws and regulations applicable to CryoLife business activities around the world. The CryoLife Code of Conduct addresses our corporate citizenship goals, which include acting with the highest integrity in business dealings and serving as a corporate role model of responsible corporate citizenship, including as a contributor to the communities in which we reside and do business.

CryoLife has a comprehensive global compliance program and is committed to ensuring that our global operations comply with legal requirements, such as the California Transparency in Supply Chains Act and the UK Modern Slavery Act.

CryoLife continually improves its processes to assess and ensure that suppliers comply with CryoLife policies and goals, including CryoLife’s human rights responsibility aspirations.

CryoLife suppliers were required in 2020 and are required now to operate in compliance with all applicable laws, regulations, governmental requirements, and industry guidelines in the countries in which they operate. In addition, noncompliance with our company Code of Conduct may result in corrective action or termination of a supplier partnership, depending on the severity and frequency of the noncompliance. We may work with suppliers to ensure corrective action plans to resolve any instances of noncompliance.

We currently do not believe that parts of our business or supply chains operate in countries where there is significant risk of slavery and human trafficking. In addition, we seek out suppliers and business partners with reputations for ethical and legally compliant business practices, further reducing the risk of exposure to slavery and human trafficking issues.

Finally, CryoLife employees receive annual training on the Code of Conduct, which requires that the selection of suppliers be made on the basis of the total value they will provide to the Company, including their compliance with applicable laws and regulations related to labor, health and safety, and the environment.

 

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Pat Mackin
Chairman, President, & CEO