Modern Slavery and Human Trafficking Statement for Serac Technologies Ltd

1. Introduction

Serac Technologies Ltd staunchly supports global efforts to eradicate modern slavery and human trafficking, recognising these as grave human rights violations. Our commitment is rooted in the belief that business can be a force for good, contributing to a world where dignity, freedom, and justice are available to all individuals. We are dedicated to ensuring our operations and supply chains are free from modern slavery and human trafficking practices, embodying our core values of integrity, transparency, and respect for human rights.

2. About Serac Technologies Ltd

Serac Technologies Ltd, with its registered office in England (company number 12258456), specialises in providing innovative software subscription services tailored to enhance operational efficiency and digital transformation. Our diverse team is our greatest asset, consisting of professionals committed to excellence, innovation, and ethical conduct. We operate across various sectors, providing technology solutions that not only meet but exceed our clients' expectations for quality and ethical business practices.

3. Our Supply Chain Integrity

Understanding the complexity of modern supply chains, we acknowledge the risk of modern slavery and human trafficking in any industry, including technology. Our supply chain is carefully curated to include only those suppliers who share our ethical standards, focusing on technology vendors, cloud service providers, consultancy firms, and other digital service providers. We have implemented a rigorous supplier selection process, incorporating thorough due diligence assessments to ensure alignment with our Ethical Trading Policy and respect for human rights.

4. Commitment to Ethical Practices

Serac Technologies Ltd's unwavering commitment to ethical practices is enshrined in our corporate policies, including our Ethical Trading Policy, Supplier Code of Conduct, and Human Rights Policy. These documents delineate our approach to business ethics, emphasising the importance of human rights, labor rights, environmental stewardship, and anti-corruption measures. We demand the same high standards from our suppliers and partners, ensuring our supply chain is not tainted by modern slavery or human trafficking.

5. Enhanced Due Diligence and Risk Management

Our approach to mitigating the risks of modern slavery involves comprehensive due diligence processes, regular supplier audits, and continuous monitoring of our business relationships. We employ a risk-based approach, prioritising areas of our supply chain that are most vulnerable to modern slavery practices. Our procurement team is trained to recognise the signs of modern slavery and human trafficking and to take appropriate action, including the escalation of concerns to senior management and, if necessary, the termination of supplier contracts.

6. Employee Training and Engagement

Awareness and understanding are critical in the fight against modern slavery. As such, Serac Technologies Ltd provides targeted training to all employees, with specialised programs for those in procurement, human resources, and management positions. This training covers the identification of modern slavery risks, ways to mitigate these risks, and procedures for reporting potential issues. We foster a culture of openness, encouraging all employees to report concerns without fear of retaliation.

7. Continuous Improvement and Collaboration

We recognise that the fight against modern slavery is ongoing and requires constant vigilance. Serac Technologies Ltd is committed to regularly reviewing and improving our policies, practices, and procedures to combat modern slavery more effectively. We seek to collaborate with industry peers, non-governmental organisations, and other stakeholders to share best practices and leverage collective action in the fight against modern slavery and human trafficking.

8. Monitoring, Reporting, and Compliance

The Board of Directors at Serac Technologies Ltd has ultimate responsibility for ensuring compliance with our modern slavery commitments. We will monitor our practices and supply chains for compliance, addressing any issues of non-compliance with appropriate remedial actions. An annual review of our Modern Slavery and Human Trafficking Statement will be conducted to reflect our ongoing commitment and progress.This statement is made pursuant to Section 54(1) of the Modern Slavery Act 2015 and constitutes Serac Technologies Ltd's slavery and human trafficking statement for the financial year endingOctober 2023. It has been approved by the board on 22/02/2024 and will be reviewed annually to reflect new insights and actions taken in our commitment against modern slavery.

For and on behalf of Serac Technologies Ltd:
Brandon Johnson - Director
Date: 22/02/2024
Registered Office: Aston House, Cornwall Avenue, London, N3 1LF
Registered in England - Number 12258456
Telephone: 0203 808 6992