MODERN SLAVERY ACT TRANSPARENCY STATEMENT

Chisida Energy Services Limited (Chisida) is fully committed to upholding the principles outlined in the Modern Slavery Act (2015) and ensuring transparency in our approach to tackling modern slavery,
human trafficking and forced labor within our business operations and supply chains.
We recognize our responsibility in combating these heinous practices and strive to maintain the highest ethical standards in all our operations globally.

The ACT

The Modern Slavery Act 2015 is an Act of the Parliament of the United Kingdom which is designed to combat modern slavery and consolidate previous offences relating to trafficking and slavery. The Act requires larger companies and other entities to report on how they are preventing and addressing modern slavery risks in their operations and supply chains.

SUPPLY CHAIN DUE DILIGENCE

We maintain a thorough process in assessing and monitoring risks related to modern slavery in our supply chain processes. These measures include:

  • Supplier Code of Conduct: Our suppliers are required to adhere to our Supplier Code of Conduct, which strictly prohibits any form of slavery or human trafficking. This code ensures that they align with our values on ethical labor practices.
  • Risk Assessments: We conduct regular risk assessments to identify vulnerable areas in our supply chains where modern slavery risks may be higher. This allows us to implement targeted strategies to mitigate those risks.
  • Supplier Audits and Monitoring: Our supplier relationships are continuously monitored through audits and assessments. We work closely with them to ensure transparency, ethical practices, and accountability, particularly in regions where the risk of modern slavery is elevated.
  • Training and Awareness: We provide ongoing training and awareness programs for our employees, particularly those responsible for procurement and supply chain management, to ensure they understand the signs of modern slavery and the actions to take if concerns arise.

OUR COMMITMENT

At Chisida, we strongly believe that all forms of modern slavery including forced labour, human trafficking, child labour, tied visas and other practices of slavery, has no place in our organization or supply chain. We are committed to ensuring that our business, partners, clients and suppliers are free from such practices and operate in compliance with all applicable laws and regulations.

POLICIES AND GOVERNANCE:

We have in place clear policies and practices which ensures that modern slavery and human trafficking do not occur in our operations or supply chains. These include:

  • Ethical Sourcing Policy: Mandating that all goods and services purchased by Chisida are sourced responsibly and ethically.
  • Whistleblower Policy: We maintain a confidential whistleblower policy that encourages employees, suppliers, and other stakeholders to report any suspicions or concerns related to modern slavery without fear of retaliation.
  • Contractual Clauses: We include anti-slavery clauses in our contracts with suppliers to reinforce our zero-tolerance stance and require compliance with the Modern Slavery Act.

CONCLUSION

Chisida is committed to continuously improving our processes to prevent modern slavery and human trafficking. We will keep engaging with industry stakeholders and reviewing our policies in tune with newer regulations to ensure we remain in tune with the updated legal and ethical principles.
We will keep conducting our business operations in the ethical, transparent and socially responsible manner. Our business processes will continue to combat modern slavery, human trafficking, ensuring our business contributes to the good, within our organization, communities, nation and world at large.

This statement is made pursuant to Section 54(1) of the Modern Slavery Act 2015 and constitutes Chisida’s slavery and human trafficking statement.