At Tag Traders, we are committed to combating modern slavery and human trafficking in all its forms. As part of our ongoing efforts to address this issue, we have implemented various measures and initiatives during the financial year 2024.
- Policies and Procedures: We have reviewed and updated our policies and procedures to ensure they align with best practices for preventing and addressing modern slavery. This includes our recruitment and supplier management processes, which now incorporate stringent checks to identify and mitigate any risks of exploitation.
- Training and Awareness: All employees have undergone training to raise awareness about modern slavery and human trafficking. This training equips them with the knowledge and skills necessary to recognise the signs of exploitation and take appropriate action if they suspect any wrongdoing.
- Supply Chain Due Diligence: We have conducted thorough due diligence on our supply chain to assess the risk of modern slavery and human trafficking. This includes engaging with suppliers to ensure they comply with our ethical standards and conducting site visits where necessary to verify their practices.
- Supplier Engagement: We have engaged proactively with our suppliers to communicate our expectations regarding ethical conduct and compliance with anti-slavery laws and regulations. We work collaboratively with them to address any issues identified and implement corrective actions where necessary.
- Reporting and Monitoring: We have established robust reporting and monitoring mechanisms to track our progress in combating modern slavery. This includes regular internal audits and reviews to assess the effectiveness of our policies and procedures and identify areas for improvement.
- Collaboration and Advocacy: We actively participate in industry initiatives and collaborate with other organisations to share best practices and drive collective action against modern slavery. We also advocate for stronger legislation and enforcement measures to address this issue at a systemic level.
At Tag Traders, we recognise that eradicating modern slavery requires sustained effort and collaboration across society. We remain committed to playing our part in this critical endeavour and will continue to prioritise the prevention and elimination of modern slavery in all its forms. This statement was approved by the company director.