Last updated September 2018
The Modern Slavery Act 2015 (“act”) was introduced to help eradicate slavery, forced labour and human trafficking in the operations and supply chains of companies. This statement is made pursuant to Section 54, Part 6 of the act and includes information about LBS, its own operations and supply chains, and how we are approaching the eradication of slavery and human trafficking within our business.
LBS is committed to preventing and mitigating exploitation, bribery and corruption. We will not accept modern slavery, forced labour and human trafficking anywhere within our operations or supply chain.
The Modern Slavery Act 2015
LBS is subject to legislation in the UK aimed at the prevention of modern slavery and human trafficking. The Modern Slavery Act 2015 imposes on LBS the obligation to take steps to prevent slavery and human trafficking occurring in its business and supply chains.
LBS are fully committed to preventing acts of modern slavery and human trafficking from occurring within both their business and supply chains and requires the same standards from their suppliers.
This document sets out the standards that LBS expects from its suppliers to deliver this commitment. LBS monitors compliance by suitable levels of due diligence according to the level of risk which LBS assesses of the potential for human trafficking and/or modern slavery.
Any instances of non-compliance of which LBS is made aware will be assessed on a case-by-case basis. Remedial action will be taken and tailored to suit the circumstances. LBS will only trade with those who fully comply with this statement or those who are taking steps towards full compliance. If LBS is not satisfied with the steps being taken towards full compliance, it will temporarily suspend its business with that supplier (to the extent permitted under contract or by law). The ultimate sanction for the continual failure to comply will be for LBS to cease to trade with that supplier ( to the extent as permitted under contract or by law).
We expect our suppliers to implement their own diligence procedures for their own suppliers, sub-contractors and other participants in their supply chains to mitigate the risk of any slavery or human trafficking occurring. Suppliers should notify us in writing immediately upon discovery of any breaches or potential breaches of the Modern Slavery Act or any actual or suspected slavery or human trafficking in their supply chain. We aim to co-operate with our suppliers to mitigate the risks of such incidents.
Any suppliers that are obligated under the Modern Slavery Act to provide a slavery and human trafficking statement for the financial year should produce a statement which is fully compliant with both the act and our own slavery and human trafficking statement.
LBS and all suppliers are required to provide affirmation to the standards listed below: