Modern Slavery Policy
Excotek Ltd : Statement Against Modern Slavery and Human Trafficking
Excotek Shared Values of Integrity, Excellence, Accountability, Collaboration and Inclusion along with our other trading policies reflect our commitment to acting ethically and with integrity in all our business relationships. Excotek requires all employees to demonstrate honesty, respect for others and trustworthiness in all we do, and to demonstrate ethical behaviour in all of our interactions with customers, suppliers and colleagues.
On March 26 2015, the Modern Slavery Act 2015 was passed into law in the United Kingdom. This law requires Excotek to prepare and publish a slavery and human trafficking statement for each financial year of the organisation. Excotek Ltd fully supports the aims of the legislation and is committed to complying with applicable anti-slavery and human trafficking laws.
Our Supply Chains
Excotek’s standard supplier onboarding contains Compliance with Laws provisions that require the parties to comply with all applicable laws, which includes laws about anti-slavery and human trafficking. In addition, Excotek’s Supplier Integrity Principles establishes and communicates Excotek’s expectations regarding our suppliers’ compliance with international ethical standards, including regulations on anti-slavery and human trafficking.
Our Policies and Procedure on Slavery and Human Trafficking
Excotek has made efforts to address the risks of slavery and human trafficking violations in its own business. During pre-employment screening of potential employees, Excotek verifies that individuals are eligible to work in the Company and meet all applicable age requirements. Excotek provides Ethics and Compliance awareness to all employees as part out our onboarding process.
Employees are expected to report any violations of Excotek’s conduct to their manager, or a Director. Suppliers, customers, partners, shareholders, and any stakeholders may report concerns anonymously to the Managing Director.
Reports are reviewed and appropriate action including investigations and corrective actions are taken within a reasonable period. Employees and suppliers are protected from retaliation for making a report in good faith, and anyone found to have acted against this protection is subject to disciplinary action up to and including termination.
Our Effectiveness in Combating Slavery and Human Trafficking
Excotek is continuing to review its processes and supplier relationships to comply with the Modern Slavery Act 2015.
Over the last year Excotek has introduced a requirement for our new suppliers to report on their own policy on modern slavery in our onboarding documentation.
This statement is made pursuant to section 54(1) of the Modern Slavery Act 2015 and constitutes our company (Group) slavery and human trafficking statement for the financial year ending 31st March 2023 subject to review.
The UK Modern Slavery Act Transparency Statement has been duly approved and adopted by the Board of Directors of Excotek Ltd who have delegated authority to Karl Tucker as Managing Director to sign this statement on their behalf.
Signed – Karl Tucker
Managing Director: Excotek Ltd
31/03/2023 (for the Financial year 2023/2024)
Next Review by Karl Tucker : March 2024