Modern Slavery Statement
LDL Components is dedicated to conducting business ethically, sustainably, and with the utmost respect for human rights. As an organisation, we are committed to preventing modern slavery and human trafficking in all forms within our operations and supply chain. This statement outlines our commitment to uphold these values and achieve SMAS certification.
Compliance with Laws and Regulations
LDL Components will adhere to all applicable national and international laws and regulations pertaining to modern slavery, including but not limited to the UK Modern Slavery Act 2015, the United Nations Universal Declaration of Human Rights, and the International Labour Organisation's conventions.
Due Diligence and Risk Assessment
We recognise that modern slavery risk is not static and evolves constantly. To address this, LDL Components will perform regular risk assessments and due diligence on our supply chain and operations to identify, mitigate, and prevent any potential modern slavery and human trafficking risks.
Employee Awareness and Training
LDL Components is dedicated to fostering a culture of awareness and vigilance within our organisation. We will provide regular training to our employees, especially those in procurement and supply chain roles, to ensure they have the knowledge and tools to identify and report any signs of modern slavery or human trafficking.
Supplier Code of Conduct
LDL Components is committed to working only with suppliers who share our values and uphold the same ethical standards. We will implement a Supplier Code of Conduct, which will clearly outline our expectations regarding human rights, labour practices, and environmental responsibility. All suppliers will be required to adhere to this code, and any breach of these standards may result in termination of the business relationship.
Reporting and Whistleblowing
We encourage all employees, suppliers, and stakeholders to report any concerns or suspicions related to modern slavery or human trafficking in our operations or supply chain. LDL Components will ensure a safe and confidential reporting mechanism for whistle-blowers and will take appropriate action to address any reported incidents.
Monitoring and Review
LDL Components will monitor the effectiveness of our measures to combat modern slavery and human trafficking and will regularly review and update our policies and procedures. We are committed to continuously improving our practices to ensure the highest standards of ethical conduct and transparency.
By publishing this statement, LDL Components demonstrates its unwavering commitment to combatting modern slavery and human trafficking in all its forms. We pledge to work collaboratively with our employees, suppliers, and stakeholders to uphold and promote ethical and responsible business practices across our operations and supply chain.
Effective Date: 01 November 2022