Modern Slavery Statment

Introduction

Magnairis Technologies is committed to preventing modern slavery and human trafficking in all its business activities and supply chains. This statement outlines our approach to ensuring compliance with the Modern Slavery Act 2015 and our commitment to ethical business practices.

Our Business and Supply Chains

Magnairis Technologies is a technology consultancy company providing innovative solutions to businesses across various sectors. Our operations are based in the UK, but we work with clients and suppliers worldwide. We recognize the importance of addressing the risks of modern slavery and human trafficking in our global supply chains.

Our Policies and Commitments

  1. Ethical Business Conduct: We are committed to conducting our business with integrity and transparency. Our Code of Conduct reflects our commitment to ethical practices and our zero-tolerance approach to modern slavery and human trafficking.

  2. Supplier Due Diligence: We perform thorough due diligence when engaging with new suppliers and regularly review our existing suppliers. This process includes assessing the risks of modern slavery and human trafficking and ensuring that our suppliers adhere to our ethical standards.

  3. Employee Awareness and Training: We educate our employees on the risks of modern slavery and human trafficking through training programs and internal communications. We ensure that our staff can identify potential signs of modern slavery and know how to report concerns.

  4. Reporting and Whistleblowing: We maintain a robust whistleblowing policy that encourages employees and suppliers to report any concerns related to modern slavery or human trafficking. Reports can be made anonymously, and we take all reports seriously, investigating them thoroughly.

  5. Continuous Improvement: We are committed to continuously improving our policies and practices to combat modern slavery. We regularly review our procedures and update them as necessary to address new risks and challenges.

Risk Assessment and Management

We assess the risk of modern slavery and human trafficking in our operations and supply chains through regular risk assessments. These assessments help us identify high-risk areas and implement appropriate measures to mitigate these risks.

Performance Indicators

We monitor the effectiveness of our efforts to prevent modern slavery through key performance indicators, including:

  • The number of supplier audits conducted.

  • Employee training completion rates.

  • The number of reported concerns and the outcomes of investigations.

Board Approval

This statement has been approved by the Board of Directors of Magnairis and will be reviewed and updated annually to reflect our ongoing commitment to preventing modern slavery and human trafficking.

Contact Information

For any questions or concerns regarding this statement or our policies on modern slavery, please contact us at info@magnairis.com.

Date: 22 June 2024