Anti-slavery statement for financial year 2019/20
This statement is made pursuant to s.54 of the Modern Slavery Act 2015 and sets out the steps that Enrichment Technology Company Limited and its wholly owned subsidiaries, Enrichment Technology UK Limited, Enrichment Technology Nederland B.V. and Enrichment Technology France, SAS, Diversification Holdings Limited, Pronexos B.V., NPROXX Jülich GmbH, NPROXX B.V., Stornetic GmbH, (the ETC Group) has taken and is continuing to take to ensure that modern slavery or human trafficking is not taking place within our business or supply chain.
Modern slavery encompasses slavery, servitude, human trafficking and forced labour. The ETC Group has a zero tolerance approach to any form of modern slavery. We are committed to acting ethically and with integrity and transparency in all business dealings and to putting effective systems and controls in place to safeguard against any form of modern slavery taking place within the business or our supply chain.
The ETC Group has an annual turnover in excess of £36m and operates in the areas of: uranium enrichment technology and related services, the production of specialised, carbon fibre reinforced products and certain other hi-tech products and services. The ETC Group has operations in the UK, the Netherlands, Germany and France.
We have a multi-disciplined supply chain to support us through the different aspects and provisions of our business.
The ETC Group operates a supplier policy in accordance with our policies listed above and maintains a preferred supplier list. We conduct due diligence on all suppliers before allowing them to become a preferred supplier. This due diligence includes an online search to ensure that a particular organisation has never been convicted of offenses relating to modern slavery and on site audits, which, amongst other things, include a review of working conditions. Our anti-slavery policy forms part of our contract with all suppliers and they are required to confirm that no part of their business operations contradicts this policy.
In addition to the above, as part of our contract with suppliers, we require that they confirm to us that:
We provide training for our procurement/commercial team so that they understand the signs of modern slavery and what to do if they suspect that it is taking place within our supply chain. All Directors of ETC have been briefed in this subject.
Our performance indicators
We will know the effectiveness of the steps that we are taking to ensure that slavery and/or human trafficking is not taking place within our business or supply chain if:
Approval for this statement
This policy statement is in accordance with Section 54 of the Modern Slavery Act 2015, constitutes ETC Group's anti-slavery and human trafficking statement. The Board of Directors approved it on 6 February 2019.
For transparency, this statement will be published on the ETC website for the public, consumers and employees to view.
Name: Reinhard Hinterreither (CEO)
Date: 12 November 2018