Steel Venture Anti-Slavery Policy Statement

At Steel Venture, we are deeply committed to conducting business with integrity, fairness, and the highest ethical standards. We believe that everyone has the right to be treated with dignity and respect, and we actively oppose modern slavery in all its forms, including forced labor, child labor, and human trafficking. This Anti-Slavery Policy Statement outlines our approach to addressing and preventing modern slavery within our organization and supply chains.

  1. Policy Scope

This policy applies to all employees, contractors, suppliers, and business partners of Steel Venture, regardless of their geographical location. We expect everyone working with or for us to share our commitment to human rights and to take all necessary measures to prevent modern slavery in their operations.

2. Due Diligence and Risk Assessment

We recognize the importance of conducting thorough due diligence to identify and assess potential risks of modern slavery in our business and supply chains. As part of our ongoing risk assessment processes, we will:

  • Evaluate potential suppliers and business partners based on their commitment to human rights and labor standards;

  • Implement regular audits and inspections to ensure compliance with this policy;

  • Provide training and support to our employees and partners to help them identify and address potential risks.

3. Reporting & Whistleblowing

We encourage employees and external stakeholders to report any concerns or suspicions of modern slavery in our operations or supply chains. Steel Venture is committed to providing a safe and confidential environment for whistleblowers, and we will not tolerate any form of retaliation against individuals who report concerns in good faith.

4. Remediation and Continuous Improvement

If we identify any instances of modern slavery within our organization or supply chains, we will take immediate and appropriate action to address the issue. This may include working with the relevant parties to implement corrective measures or, in cases of severe non-compliance, terminating our relationship with the involved party.

We recognize that combatting modern slavery is an ongoing process, and we are committed to continually reviewing and improving our policies, procedures, and practices to ensure their effectiveness.

5. Legal Compliance

Steel Venture is committed to complying with all applicable laws and regulations relating to modern slavery, including the UK Modern Slavery Act 2015 and any similar legislation in other jurisdictions where we operate.

By implementing this Anti-Slavery Policy Statement, Steel Venture aims to create a positive impact on the lives of those who may be at risk of modern slavery and ensure that our business remains a responsible and ethical global corporate citizen.