Tex Holdings PLC and subsidiary companies Anti-slavery Policy
Aims of this policy
This policy supports our commitment to limiting the risk of modern slavery occurring within our own business or infiltrating our supply chains or any other business relationship.
The policy applies to all persons working for or on our behalf in any capacity, including employees, directors, officers, agency workers, contractors, consultants, and any other third-party representative.
We expect all who have, or seek to have a business relationship with the company to familiarise themselves with this policy and to act at all times in a way that is consistent with its values.
We will only conduct business with organisations who fully comply with this policy or those who are taking verifiable steps towards compliance.
This policy will be used to underpin and inform any statement on slavery and human trafficking that we are required to produce further to the transparency in supply chain requirements of Section 54 of the Modern Slavery Act 2015 (MSA).
What do we mean by modern slavery?
Modern slavery can take many forms. It is a complex and multi-faceted problem. The MSA covers four key criminal activities:
Slavery: where ownership is exercised over an individual.
Servitude: involves the obligation to provide service imposed by coercion.
Forced and compulsory labour: all work or service, not voluntarily performed, which is obtained from an individual under the threat of force or penalty.
Human trafficking:involves arranging or facilitating the travel of another with a view to exploiting them.
Other forms of modern slavery, which we will not tolerate, but are not specifically referenced in the MSA include, but are not limited to:
Child labour: whilst not always illegal in the jurisdiction in which it takes places, child labour involves the employment of children that is exploitative, or is likely to be hazardous to, or interfere with, a child’s education, health (including mental health), physical wellbeing or social development.
All forms of modern slavery have in common the deprivation of a person’s liberty by another in order to exploit them for commercial or personal gain and amount to a violation of an individual’s fundamental human rights.
Tackling modern slavery requires us all to play a part and remain vigilant to the risk in all aspects of our business and business relationships.
How we seek to embed our anti-slavery policy in practice
To underpin our policy commitments, we are in the process of implementing the following measures:
We will conduct risk assessments to determine which parts of our own business and which of our supply chains are most at risk from modern slavery so we can focus our efforts on those areas most ‘at risk’.
Where appropriate, as informed by our risk assessments, we will undertake pre-screening of prospective ‘at risk’ new suppliers in relation to the effectiveness of their existing safeguarding controls and practices in relation to preventing modern slavery occurring within their organisation and within their own first tier supply chain.
Responsibility for this policy
The board of directors has overall responsibility for this policy and in ensuring that the Company complies with all its legal and ethical obligations.
The Company Secretary will have the primary day-to-day responsibility for the implementation of this policy, monitoring its use and ensuring that the appropriate processes and control systems are in place, and amended as appropriate, to ensure it can operate effectively.
All line managers are responsible for ensuring that those reporting directly to them comply with the provisions of this policy in the day-to-day performance of their roles.
Communication and employee awareness training
The Company Secretary will ensure that relevant staff receive adequate training on this policy and any supporting processes applicable to their role.
In addition, staff will receive training on the broader issues of modern slavery so as to assist them in appreciating the extent of the problem of modern slavery and then identify individuals/areas of the business that may be at risk from practices of modern slavery.
Breaches of this policy
Any breaches of this policy will be taken seriously and dealt with on a case-by-case basis.
The breach of this policy by an employee, director or officer of the company may lead to disciplinary action being taken in accordance with our disciplinary procedure. Serious breaches may be regarded as gross misconduct and may lead to immediate dismissal further to our disciplinary procedure.
Everybody to who whom this policy applies will be expected to co-operate to the fullest extent possible in any investigation into suspected breaches of this policy or any related processes or procedures.
If any part of this policy is unclear, clarification should be sought from the Company Secretary.
Status of this policy
This Anti-slavery policy will be reviewed by the Company’s board of directors on a regular basis, at least annually.
This policy does not give contractual rights to company employees and we reserve the right to alter any of its terms at any time. We will notify applicable parties in writing of any changes which may affect them.