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The Modern Slavery Act (the “Act”) is a significant step in confronting all forms of human trafficking and slavery, both in the UK and abroad. FAB London Branch (FAB LB) is committed to being a responsible business and in this statement, we provide details of steps we have taken to help give comfort that Modern Slavery and human trafficking are not taking place in our supply chains or any part of our business.
The Act has prompted us to review where our business and supply chains are most at risk of encountering Modern Slavery. We have re-considered our existing controls and processes and their effectiveness in guarding against Modern Slavery.
Steps we take in our core business to address Modern Slavery
During the year 2017 we have updated controls and processes where they will have the most impact. We will continue to work with our suppliers and draw on best practice from industry experts.
Our focus for the purpose of this statement will be on our core FAB LB business and third party external suppliers.
In response to the Modern Slavery legislation, FAB LB have created a Modern Slavery Policy, which sets out the steps we take to manage the risks of Modern Slavery taking place in our supply chains or any part of our FAB LB business.
Steps we take in our external supply chain to address Modern Slavery
Should any supplier be found to use modern slavery in any part of their supply chain and or their business, we have the right to treat this as a material breach of the contract and terminate immediately.