This statement is in response to Section 54, Part 6 of the Modern Slavery Act 2015 and sets out the steps that Swanntech Investment is taking to ensure slavery and human trafficking is not taking place in our supply chains or in any part of our business.
Swanntech Investment is committed to maintaining and improving our practices to combat slavery and human trafficking violations related to our own operations, our supply chain, and our services. We have zero tolerance towards slavery and human trafficking and expect our supply chain to comply with this
We have carried out an independent third party modern slavery risk assessment of our supply chain and identified those categories of spend in which there is a relatively higher risk of modern slavery occurring – these are:
In addition, we have identified a number of sectors, which have an elevated risk relative to the rest of our supply chain but are themselves are low risk. These are: hotels and telecoms.
We have a set of existing policies in place that are relevant to managing the risk of modern slavery and promotion of wider decent working practices. These policies are reviewed on an annual basis and adapted as required to our business. The scope and content of these policies are informed by the context in which we operate; our sector is a relatively low risk one for human rights risks in the supply chain.
Since 2017 Swanntech Investment has been working to establish a set of objectives to improve and refine our approach to ensuring that slavery and human trafficking are not taking place in our supply chains. This is a three year plan and is a key component of the development of our wider sustainability strategy.
We have develop a prioritised action plans for engagement with suppliers and key internal stakeholders in those categories with an elevated risk of modern slavery and will be rolling this plan out over the next 12 months. This plan includes:
Steve Weiss, Chief Executive Officer
This statement was approved by the board of directors on 12 February 2018.