This Modern Slavery and Human Trafficking Statement relates to actions and activities during the financial year 24 January 2020 to 31 January 2021.
The statement sets down RedOak Capital Advisors Ltd commitment to preventing slavery and human trafficking in our business activities and the steps we have put in place with the aim of ensuring that there is no slavery or human trafficking in our own business and supply chains. We all have a duty to be alert to risks, however small. Staff are expected to report their concerns and management to act upon them.
This statement covers the business activities of RedOak Capital Advisors Ltd which are as follows:
Nationally focused property investment firm, based in London, which provides a broad spectrum of property services for businesses and individuals. Our firm comprises 2 general partners, 2 Directors, 2 Project Managers and 1 Accountant.
The Company currently operates in the UK.
Responsibility for the Company’s anti-slavery initiatives is as follows:
1.1 Policies: The General Partners are responsible for creating and reviewing policies. The process by which policies are developed is looking at best practice and adapting to the needs of the Company.
1.2 Risk assessments: The General Partners are responsible for risk assessments in respect of human rights and modern slavery by implementing any processes they find necessary in this regard, by protecting whistleblowers and performing all necessary checks during recruitment.
1.3 Due diligence: General Partners are responsible for due diligence in relation to known or suspected instances of modern slavery and human trafficking.
To ensure a good understanding of the risks of modern slavery and human trafficking in our business and supply chains, the Company requires all staff to complete relevant training.
The Company is committed to ensuring that there is no modern slavery or human trafficking in our business or our supply chains. This Statement affirms its intention to act ethically in our business relationships.
The following policies set down our approach to the identification of modern slavery risks and steps to be taken to prevent slavery and human trafficking in our operations:
2.1 Whistleblowing policy – the Company encourages all its workers, customers and other business partners to report any concerns related to its direct activities or its supply chains.
2.2 Company Code of Conduct – The Code of Conduct sets down the actions and behaviour expected of employees when representing the Company.
2.3 Corporate Social Responsibility (CSR) Policy – The Company’s CSR policy summarises how we work responsibly with suppliers and local communities.
Due Diligence Processes for Slavery and Human Trafficking
The Company undertakes due diligence when considering taking on new suppliers, and regularly reviews its existing suppliers. The Company’s due diligence process includes building long-standing relationships with suppliers and making clear our expectations of business partners and invoking sanctions against suppliers that fail to improve their performance in line with an action plan provided by us, including the termination of the business relationship.
The Company uses the following key performance indicators (KPIs) to measure how effective we are in ensuring slavery and human trafficking is not taking place in any part of our business or supply chains including: requiring all relevant staff to have completed training on modern slavery by and use of labour monitoring and payroll systems.
This Modern Slavery and Human Trafficking Statement will be regularly reviewed and updated as necessary. The Management Team endorses this policy statement and is fully committed to its implementation.
This Modern Slavery and Human Trafficking Statement has been approved and authorised by:
27 March 2020