Anti-Slavery Policy

Modern Slavery: An Overview

Modern slavery is a global problem that involves millions of people in forced labour, human trafficking, servitude, and debt bondage. Victims are pressured, tricked, or blackmailed into working against their will, typically under horrific conditions. The UK has established strong legislation to combat modern slavery, including:

The Modern Slavery Act 2015:

This Act requires businesses operating in the UK with a turnover of more than £36 million to prepare an annual transparency statement describing the efforts they have taken to combat slavery and human trafficking in their operations and supply chains.

Sofino Holdings’ Commitment to Anti-Slavery

Sofino Holdings LTD is committed to upholding the highest ethical standards and eradicating modern slavery in all its forms throughout our operations and supply chains. We are committed to complying with the Modern Slavery Act of 2015 and actively striving to eliminate this horrible crime.

Our Approach to Addressing Modern Slavery

The following is how Sofino Holdings LTD approaches the issue of modern slavery:

Risk Assessment
We conduct regular risk assessments to identify areas within our operations and supply chains where the risk of modern slavery is higher. This allows us to concentrate on the areas of greatest concern.

Supplier Due Diligence
We conduct a thorough due diligence procedure on all current and prospective suppliers. This process entails collecting information on their labour practices, conducting audits (where necessary), and asking them to sign a code of conduct that expressly opposes modern slavery.

Employee Training
We provide training to our employees on modern slavery and human trafficking awareness. This training equips them with the knowledge and skills to recognise potential indications of slavery and report any concerns they may have.

Reporting Procedure
We have established a clear and accessible reporting procedure for employees, contractors, and other stakeholders to report suspected modern slavery cases. Reports can be submitted anonymously to maintain a secure and confidential reporting environment.

Our Approach to Addressing Modern Slavery

Sofino Holdings LTD is committed to being transparent about our efforts to combat modern slavery. Our anti-slavery policy will be reviewed and updated regularly to reflect evolving legislation and best practices.

Signed by: Nizam Bata, Director Sofino Holdings LTD

Updated Date: 12.06.2024