Statement on Modern Slavery, Human Trafficking and Child Labour

Updated 20th January 2024 Anti Slavery Statement

Statement on Modern Slavery, Human Trafficking and Child Labour

Inception Business Technology Ltd (Inception) is committed to social and environmental responsibility and to the fair and humane treatment of people in its employment and in its supply chains. This statement sets out the steps that Inception as an ongoing process to ensure that slavery, human trafficking and child labour are not taking place in any of its supply chains or in any part of its own business.

Organisational structure and supply chains

Inception sell and purchases across multiple countries. As such, Inception’s own business operations and supply chain consists primarily of products purchased directly from major manufacturers and their approved distribution channels and through its own in house services, with only very limited exposure to areas with a greater risk of modern slavery, for example, freight and travel and accommodation providers.

Policy

It is our belief that modern slavery, human trafficking and child labour are abhorrent practices that will not be tolerated in our own operations or in our supply chains, and we will take such steps that are reasonable to ensure than none is present. We are committed to working ethically and with integrity and we require our business partners to do the same.

Risk assessment and due diligence process

We have conducted an assessment of the risks, both external and internal, of slavery, child labour and human trafficking, including country risks, sector risks and business partnership risks within our own operations and in Inception’s supply chain, and as far as we are able to determine, none of our own business operations or supplier activities are undertaken in higher risk areas, whether by reference to geographical location or business sector.

Where higher risk areas in our supply chains may be suspected, appropriate due diligence has been undertaken to satisfy ourselves that the parties concerned have in place ethical employment practices that comply with all relevant legislation including, where applicable, the making of an Anti-Slavery statement pursuant to the Modern Slavery Act 2015. Where suppliers have not published an Anti- Slavery Statement, they are required to confirm that they have in place such ethical employment practices and that they, in turn, require their suppliers to have the same. We have now implemented enhanced supply chain review procedures, which include a review one each new supplier before they commence operations, and a requirement for the status of each supplier to be reconfirmed at least every three years.

Future steps

Inception will continue to monitor the risk of slavery, child labour and human trafficking in its supply chains and its own business, and we will act and report accordingly.
This statement is made pursuant to s.54 (1) of the Modern Slavery Act 2015 and constitutes a live position of Inceptions Slavery and Human Trafficking statement and is approved by the senior management team of Inception Business Technology Ltd.