Statement on Modern slavery and human trafficking
This Statement includes a response to Section 54(1), Part 6 of the Modern Slavery Act 2015 (the Act).
Policy against Modern Slavery
Stowood’s policy is:
- to support the prevention of slavery and human trafficking
- to comply with the Act in its own operations
- to have zero-tolerance towards slavery and human trafficking in its supply chain
Stowood will never knowingly do business with customers, suppliers or others who violate this policy.
Supply chain – Due Diligence – Reporting
Stowood expects its suppliers to comply with laws and regulations in their jurisdictions and to comply with generally-accepted international ethical standards, which includes producing their goods lawfully, without exploiting the people who make them, and in decent working conditions.
Stowood checks to see if its key suppliers have an anti-slavery or similar policy – many have links to one on their website. If no such policy is evident Stowood will ask them for one or send them a copy of this statement and ask for a reply to confirm compliance.
If an employee suspects illegal or unethical actions by any supplier the employee should report the fact to the CEO or line manager. If verified, Stowood will advise the supplier and ask for a response. If the response is not satisfactory Stowood will cease using the supplier and may report the supplier to a relevant authority.
Risk and compliance
Stowood considers that it operates in a business environment that has a low risk of violations of basic human rights including slavery and human trafficking because with one exception its suppliers are based in the UK, the US and other Western countries where strong and enforceable employment laws exist and human rights are respected. Stowood has one Chinese supplier which as far as Stowood knows after reasonable enquiry is not owned by the Chinese communist party or any of its organs. Stowood has no current reason to suspect that any of its suppliers violates basic human rights.
Effectiveness
Stowood is an SME and therefore its ability to monitor and influence suppliers many times its size is necessarily limited. In that context Stowood believes that the policies and procedures outlined in this statement are proportionate and that by following them Stowood supports the prevention of slavery and human trafficking and tries to ensure that its supply chain is free from any such violations of human rights.
The statement was approved by the board of directors on 31 January 2025.
This statement will be reviewed in January 2026.
Sd. Gwilym Davies
___________________________
Gwilym Davies, CEO
Stowood Scientific Instruments Ltd
Date: 31 January 2025