15676759

Company Number

2024 MODERN SLAVERY STATEMENT

ferrolux ltd

2024 MODERN SLAVERY STATEMENT

Modern Slavery Statement 2024
The statement sets out the Company’s commitment to preventing slavery and human trafficking in our
business activities, and the steps we have put in place with the aim of ensuring that there is no slavery
or human trafficking in our own business and supply chains. We all have a duty to be alert to risks,
however small. Employees are expected to report their concerns, and management to act upon them.

The Company operates predominantly in the UK. Suppliers from which material is purchased are based
in the UK and worldwide, the majority of which are not considered to be at high risk of modern slavery
or human trafficking. A register of such countries is maintained centrally and updated on an annual
basis as part of our Bribery and Corruption audit.

The Company does not consider its activities to be at high risk of modern slavery or human trafficking.

 

ferrolux group

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Due to the fact that the industry in which we operate is considered low-risk in relation to modern slavery
or human trafficking, no training has been undertaken other than making this Statement available to
employees and suppliers. We do, however, review the requirement on an annual basis.

The Company is committed to ensuring that there is no modern slavery or human trafficking in our
business, or our supply chains. This Statement affirms its intention to act ethically in our business
relationships.
The following policies strengthen our commitment to the practice of responsible corporate behaviour:
• Whistleblowing policy
• Corporate Social Responsibility (Ethical) Policy
• Environmental Policy

Due Diligence Processes for Slavery and Human Trafficking
The Company undertakes due diligence when considering new suppliers, encourages long-standing
relationships, and makes clear our commitment to responsible corporate behaviour in all business
activities.
We would consider invoking sanctions against suppliers that fail to improve their performance in line
with expected standards.
This Modern Slavery and Human Trafficking Statement will be regularly reviewed and updated as
necessary.
This statement was approved by the Board of Directors on 1st January, 2024.

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