Modern Slavery Statement
Our commitment to respect human rights is part of “How We Do Things” the Readycor Ltd’s code of conduct, which all our employees are committed to following. We respect the protection of human rights within our sphere of influence, and work hard to ensure we are not complicit in abuses. We take a zero-tolerance stance on slavery and human trafficking within our workforce and expect the same from our supply chain.
Our policies on slavery and human trafficking
We are committed to ensuring that there is no modern slavery or human trafficking in our supply chains or in any part of our business. Our Anti-slavery and Human Trafficking Policy reflects our commitment to acting ethically and with integrity in all our business relationships and to implementing and enforcing effective systems and controls to ensure slavery and human trafficking is not taking place anywhere in our business or supply chains.
Our Supply Chains
The Readycor Ltd does not act as a producer, manufacturer, or retailer of any physical goods and, as a financial services provider, it has a straightforward supply chain – our main vendors are providers of office supplies and support services such as reprographics, IT, recruitment, legal, accountancy, marketing, public relations and facilities management. Operating in the financial services sector, the risk of modern slavery or human trafficking taking place in our supply chain is low. Nevertheless, we understand the importance of combatting slavery and human trafficking and our duty to take steps to tackle the issue. The Readycor Ltd places great reliance on the support of third party suppliers. We deal with market leading expert suppliers and are developing a robust control oversight over them.
Due diligence processes for slavery and human trafficking
As part of our initiative to identify and mitigate risk we aim to perform due diligence at the initial stage of contracting we will seek assurance that effective processes are in operation, their employees are of good repute, suitably qualified and experienced as well as supported in their ongoing development to manage our account.
We are developing systems to:
· Identify and assess potential risk areas in our supply chains.
· Mitigate the risk of slavery and human trafficking occurring in our supply chains.
· Monitor potential risk areas in our supply chains.
· Protect whistleblowers.
To ensure a high level of understanding of the risks of modern slavery and human trafficking in our supply chains and our business, we will be providing training to our staff.
Our effectiveness in combating slavery and human trafficking
The Readycor Ltd will introduce measures to assess the business or supply chain in complying with our stance on slavery and human trafficking. These will include:
· All employees engaging with our code of conduct, “How We Do Things”.
· Arranging site visits for top risks.
· Reviewing and updating internal due diligence policies and procedures in relation to procurement and purchasing.
· Ensuring that the contracts with our suppliers contain appropriate Anti-Modern Slavery provisions.
· Providing additional training to teams reviewing Modern Slavery Risks throughout our supply chain to ensure identification of risk areas and mitigation.