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Modern Slavery Statement

Modern Slavery Act Policy

Nau Limited (“the Company”) is committed to combatting modern slavery and human trafficking in all its forms. This Modern Slavery Act Policy outlines the steps we take to prevent modern slavery within our operations and supply chain. We recognise our responsibility to uphold human rights and ethical standards, and we strive to ensure that slavery and human trafficking have no place in our business or associated activities.

Our Commitment

  1. Zero Tolerance: The Company has a zero-tolerance approach to modern slavery and human trafficking. We do not tolerate any form of slavery, forced labor, or exploitation within our organisation or supply chain.
  2. Compliance with Legislation: We comply with all relevant laws and regulations, including the UK Modern Slavery Act 2015. We are committed to fulfilling our legal obligations and ensuring transparency in our efforts to combat modern slavery.
  3. Risk Assessment: We conduct regular risk assessments to identify and mitigate any risks of modern slavery within our operations and supply chain. This includes assessing the countries, industries, and suppliers that pose higher risks of modern slavery.
  4. Supplier Due Diligence: We expect our suppliers and business partners to share our commitment to combating modern slavery. Prior to engaging with any supplier, we conduct due diligence to assess their policies and practices regarding slavery and human trafficking. We work collaboratively with suppliers to address any identified risks and ensure compliance with our standards.
  5. Training and Awareness: We provide training and raise awareness among our employees to recognise the signs of modern slavery and understand their role in preventing it. We empower our employees to report any concerns or suspicions related to modern slavery through our confidential reporting mechanisms.
  6. Continuous Improvement: We continuously review and enhance our policies, procedures, and practices to strengthen our efforts in combating modern slavery. We engage with stakeholders, including employees, suppliers, and non-governmental organisations, to seek feedback and improve our approach.

Responsibilities

  • Management: The Company’s management is responsible for overseeing the implementation of this Modern Slavery Act Policy and ensuring that adequate resources are allocated to effectively address modern slavery risks.
  • Employees: All employees are expected to familiarise themselves with this policy and comply with its provisions. Employees are encouraged to report any concerns or suspicions related to modern slavery to their line manager, the HR department, or through our confidential reporting channels.
  • Suppliers and Business Partners: Suppliers and business partners are expected to adhere to our Supplier Code of Conduct, which includes provisions on human rights, labor practices, and ethical standards. Failure to comply may result in termination of contracts or business relationships.

Conclusion

Nau.co.uk is committed to promoting ethical business practices and upholding human rights principles. Through our Modern Slavery Act Policy, we aim to prevent modern slavery and human trafficking, both within our operations and throughout our supply chain. We recognise that eradicating modern slavery requires collective action, and we are dedicated to playing our part in this global effort.

Policy Review

This Modern Slavery Act Policy will be reviewed annually and updated as necessary to ensure its continued effectiveness and compliance with legal requirements and best practices.

Date of last review: 31st Jan 2024
Next review due: 31st Jan 2025