PolicyModernSlavery

Modern Slavery Policy

1. Introduction

We are committed to acting ethically and with integrity in all our business dealings. We recognise that modern slavery and human trafficking are grave violations of human rights, and we take a zero-tolerance approach to any form of modern slavery within our operations and supply chains. This Modern Slavery Policy reflects our commitment to ensuring that slavery and human trafficking are not taking place anywhere in our business or in any part of our supply chains.

2. Our Commitment

As a firm specialising in business advisory services, we are dedicated to upholding the highest ethical standards across our operations. We are committed to preventing modern slavery and human trafficking by:

Ensuring compliance with all relevant laws, including the UK Modern Slavery Act 2015 (or equivalent legislation in other jurisdictions).
Conducting due diligence on our suppliers, contractors, and business partners to ensure that slavery and human trafficking are not present within our supply chain.
Fostering a culture of transparency and accountability, both internally and externally, to ensure that modern slavery risks are identified, addressed, and eliminated.

3. Our Supply Chains

Our supply chains primarily consist of professional service providers, including legal, accounting, IT, and office management services. While the risk of modern slavery within these sectors is low, we are vigilant in ensuring that all our partners adhere to ethical standards consistent with this policy. We expect our suppliers and contractors to uphold the same high standards, and we seek confirmation that they comply with all relevant legislation concerning modern slavery and human trafficking.

4. Due Diligence and Risk Assessment

We implement a robust due diligence process to mitigate the risk of modern slavery within our business and supply chains, which includes:

Risk Assessment: We assess the risk of modern slavery within our supply chains based on geographic location, industry, and specific supplier practices.
Supplier Audits: We conduct periodic reviews and audits of key suppliers to ensure compliance with our ethical standards and modern slavery regulations.
Supplier Contracts: We include anti-slavery clauses in our supplier contracts to ensure that our suppliers are contractually bound to prevent modern slavery and human trafficking in their own operations and supply chains.

5. Training and Awareness

We believe that awareness and education are key to preventing modern slavery. To this end, we commit to:

Providing training to all employees on the risks of modern slavery and human trafficking, particularly for those involved in procurement, supply chain management, and client services.
Ensuring that our employees understand how to recognise signs of modern slavery and how to report any concerns.
Promoting an open culture where employees and stakeholders feel confident in raising concerns about any potential breaches of this policy.

6. Reporting and Whistleblowing

We encourage all employees, suppliers, and partners to report any concerns related to modern slavery within our business or supply chains. Reports can be made confidentially through our whistleblowing policy, and we guarantee that there will be no retaliation for raising concerns in good faith. If modern slavery is identified, we will take immediate and appropriate action.

7. Continuous Improvement

We are committed to continuously improving our practices to combat modern slavery and human trafficking. This includes regularly reviewing and updating our policies, procedures, and due diligence processes to ensure they remain effective.

8. Responsibility for the Policy

The Board of Directors and senior management team have overall responsibility for ensuring that this policy complies with legal and ethical standards. They will also oversee the implementation of measures to prevent modern slavery within our operations and supply chains.

All employees, suppliers, and contractors are expected to adhere to this policy, and any breach may result in disciplinary action, contract termination, or legal action as appropriate.

9. Monitoring and Review

We will regularly monitor the effectiveness of our Modern Slavery Policy and update it as needed to reflect changes in legislation or business practices. This policy will be reviewed annually to ensure its ongoing relevance and effectiveness.

10. Contact Us

For any questions, concerns, or reports regarding this Modern Slavery Policy, please contact admin@arafino.com.