In accordance with the Modern Slavery Act 2015, Pricewatch Ltd is committed to a work environment that is free from human trafficking, forced labour and unlawful child labour (collectively “human trafficking and slavery”). It also strongly believes that it has a responsibility for promoting ethical and lawful employment practices.
Accordingly, Pricewatch Ltd will not knowingly use unlawful child labour or forced labour in any of the utilities and/or other commodities, products and/or services it provides, nor will it accept commodities, products and/or services from suppliers that employ or utilize child labour or forced labour.
Human trafficking and slavery are crimes under UK and international law. These crimes exist in countries throughout the world. This policy statement thus defines Pricewatch Ltd.’s commitment to ensuring that human trafficking and slavery does not exist within its own business, but also provides how Pricewatch Ltd will make efforts to eradicate the same from other businesses with whom it shall maintain a relationship (and especially from within its supply chain).
Pricewatch Ltd has appointed its Directors as its senior compliance officers and will take appropriate steps to ensure not only its own compliance but also that these requirements are followed by its suppliers, subcontractors and/or business partners. All Supplies are therefore required to adhere to the following:
Human Trafficking: the recruitment, transportation, transfer, harbouring or receipt of persons, by means of the threat or use of force or other forms of coercion, of abduction, of fraud, of deception, of the abuse of power or of a position of vulnerability or of the giving or receiving of payments or benefits to achieve the consent of a person having control over another person for the purpose of exploitation.
Forced Labour: all work or service, not voluntarily performed, that is obtained from an individual under the threat of force or penalty.
Harmful Child Labour: consists of the employment of children that is economically exploitative, or is likely to be hazardous to, or interfere with, the child’s education, or to be harmful to the child’s health, or physical, mental, spiritual, moral, or social development.
Requirements for Suppliers:
Will not use forced or compulsory labour, i.e., any work or service that a worker performs involuntarily, under threat of penalty.
Will ensure that the overall terms of employment are voluntary.
Will comply with the minimum age requirements prescribed by applicable laws
Will compensate its workers with wages and benefits that meet or exceed the legally required minimum and will comply with overtime pay requirements.
Will abide by applicable law concerning the maximum hours of daily labour.
Will not engage in any practice of slavery, servitude, forced labour, compulsory labour and/or human trafficking outside the UK which would constitute an offence if that conduct took place within the UK; and
Will ensure that any sub-contractors or suppliers from whom they source goods and/or services for incorporation in those supplied to, Pricewatch Ltd also adhere to these requirements.
Suppliers will certify compliance with this Policy and their adherence to relevant human trafficking and slavery laws in each of the relevant countries in which they operate.
Upon request, Suppliers must be able to demonstrate compliance with this Policy to the reasonable satisfaction of Pricewatch Ltd.
Pricewatch Ltd may perform periodic audits on this Policy and Suppliers are expected to fully co-operate with any such audit.
Any breach of this Policy (including by a Supplier) can be reported (in confidence, if required) by contacting Pricewatch Ltd.’s Human Resources Director (in his capacity as Pricewatch Ltd.’s Anti- Slavery and Human Trafficking Officer).
Pricewatch Ltd takes any breach of this Policy extremely seriously.
Suppliers who are found to have or be engaging in human trafficking and slavery or which refuse to co-operate with any audit to verify compliance with this Policy will be liable to have any supply agreement, arrangement or other contract with Pricewatch Ltd terminated immediately, without compensation.
If a Supplier to Pricewatch Ltd is found in violation of this policy, Pricewatch Ltd will take prompt action which may include terminating any supply agreement, arrangement or other contract with that Supplier (as above). It shall also take such other (remedial) steps as the Anti- Slavery and Human Trafficking Officer shall determine to be necessary to address the violation and seek to prevent its reoccurrence.