MODERN SLAVERY POLICY

At SVB Enterprises Pty Ltd, we are committed to upholding the highest standards of ethical conduct and human rights in our operations and supply chains. This policy outlines our commitment to preventing modern slavery and human trafficking in all aspects of our business activities.

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SCOPE

This policy applies to all employees, contractors, suppliers, and business partners associated with SVB Enterprises Pty Ltd and its trading names, both domestically and internationally. It encompasses all aspects of our operations, including service procurement, creation, and distribution.

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RESPONSIBILITIES

 

Management:

• Management is responsible for establishing a culture of zero tolerance towards modern slavery and human trafficking within the organisation.

• Management should ensure that appropriate policies, procedures, and training programs are in place to identify, prevent, and address instances of modern slavery.

• Management should provide leadership and resources to support the implementation of this policy and promote transparency and accountability throughout the organisation.

 

Procurement & Supply Chain:

• All suppliers and business partners are required to conduct their own due diligence and assess their compliance with anti-slavery and human trafficking laws and standards.

• A supplier code of conduct that prohibits modern slavery and requires suppliers to uphold ethical labour practices is provided to all suppliers and business partners.

• We will work collaboratively with suppliers to address any instances of modern slavery identified within the supply chain and support remediation efforts.

 

Employees & Contractors:

• All employees and contractors are responsible for familiarising themselves with this policy and understanding their role in preventing modern slavery within the organisation.

• They must report any concerns or suspicions of modern slavery to management promptly using the reporting workflow provided.

• Employees and contractors should participate in training and awareness programs to recognise the signs of modern slavery and understand their responsibilities in upholding ethical labour practices.

 

POLICY PRINCIPLES

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Zero Tolerance

SVB Enterprises Pty Ltd has a zero-tolerance policy towards modern slavery and human trafficking in all its forms. We will not knowingly engage in or support any activities that involve modern slavery, forced labour, or human trafficking.

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Due Diligence

We are committed to conducting due diligence on our operations and supply chains to identify and address risks of modern slavery. This includes assessing the labour practices of suppliers, subcontractors, and business partners and taking appropriate action to mitigate risks.

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Transparency & Accountability

We will maintain transparency in our operations and supply chains regarding efforts to prevent modern slavery. We will hold ourselves and our suppliers accountable for upholding ethical labour practices and complying with relevant laws and standards.

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Reporting & Compliance

Any instances of modern slavery or human trafficking identified within SVB Enterprises Pty Ltd, or its supply chain must be reported immediately to management. Reports will be investigated promptly, and appropriate remedial action will be taken in accordance with applicable laws and regulations.

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Training & Awareness

SVB Enterprises Pty Ltd will provide a training and awareness program to employees, contractors, and suppliers to educate them about modern slavery, its signs and indicators, and their responsibilities in preventing it.

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Review & Updates

We are committed to continuously improving our policies, procedures, and practices to prevent modern slavery. This policy will be reviewed periodically to ensure its effectiveness and compliance with Australian legislative requirements and international standards. Updates may be made as necessary to reflect changes in laws, regulations, or best practices related to modern slavery and human trafficking.