Modern Slavery Act Transparency Statement 2022
The Modern Slavery Act 2015 has introduced changes in UK law focused on increasing transparency in supply chains. Specifically, large businesses are required to disclose the steps they have taken to ensure their business and supply chains are free from modern slavery (that is, slavery, servitude, forced and compulsory labour and human trafficking). Every commercial organisation that supplies goods or services and has a minimum turnover of £36 million is required to produce a “slavery and human trafficking statement” each financial year. This is a statement of the steps (if any) taken to ensure modern slavery is not taking place in the organisation’s own business and its supply chains (this does not mean the organisation must guarantee the entire supply chain is slavery free). Companies which have not met the £36m threshold are encouraged to produce a statement voluntarily.
Modern Slavery Act Transparency Statement
This statement is made pursuant to S54(1) of the Modern Slavery Act 2015 and sets out the steps the Company has taken during the last financial year to ensure that slavery and human trafficking is not taking place in our supply chains or in any part of our business.
Our organisation and business
Pyvot (incorporating Vast Visibility Limited and Internet Comparison Experts Ltd) is a technology and online marketing business. There are approximately 75 employees within the Group spread across UK, Romania and Jersey. We are committed to providing clients and consumers with excellent service and products that offer value for money and meet their needs. Our most recent financial year end is 30th September 2022. Board approval for this statement was given on 22 March 2023.
We are committed to ensuring that there is no slavery, servitude, forced or compulsory labour, abuse of power over vunerable individuals, human trafficking or any other form of exploitation as contemplated by the Modern Slavery Act 2015. We see our business as a place where people can flourish in supportive enviroment.
Our supply chains
Our supply chain includes recognised UK insurers and insurance brokers all of which are authorised by the Financial Conduct Authority. We also use IT and telephony companies. We do not act as a producer or manufacturer or retailer of physical goods and therefore have no supply chain in relation to these activities.
Our policies on slavery and human trafficking
We have a zero-tolerance approach to modern slavery which reflects our approach to acting ethically and with integrity in our business relationships and to implementing and enforcing effective systems that ensure that we do not undertake business activities with any organisation that may be exposed to slavery and human trafficking.
Assessment of modern slavery risk within our supply chain and due diligence
We have increased our focus on modern slavery and have undertaken a risk assessment to determine where the risks of modern slavery and human trafficking could arise. All employees in the company work at an office owned or leased by the company. We have clear policies for engagement and contracting individuals.
We understand that the greatest risk of modern slavery and human trafficking is in emerging markets. We do not believe that we have suppliers in that category.
We continue to undertake training or employees to ensure that they understand the risks and comply with our required standards.
Date: 22nd March 2023