Modern Slavery Statement
Introduction
CarWave is committed to ensuring that modern slavery and human trafficking have no place in our operations or supply chain. We are dedicated to acting ethically, transparently, and with integrity in all our business dealings, and we take our responsibility to combat modern slavery seriously. This statement outlines the steps we are taking to prevent modern slavery and human trafficking in our business and supply chain.
1. Our Commitment
CarWave has a zero-tolerance approach to modern slavery and is committed to maintaining practices that safeguard against any form of slavery, servitude, forced labour, or human trafficking. We recognise that modern slavery is a pervasive issue that requires vigilance and action across all sectors, and we are dedicated to playing our part in its eradication.
2. Our Business and Supply Chain
CarWave operates within the automotive industry, providing car buying and scrapping services across the UK. Our supply chain includes vehicle suppliers, service providers, and other business partners who support our operations. We understand that the risk of modern slavery can be present at various points in the supply chain, particularly in industries where labour is vulnerable to exploitation.
3. Policies and Procedures
To ensure that modern slavery does not occur in our business or supply chain, CarWave has implemented the following policies and procedures:
3.1 Supplier Code of Conduct: We have established a Supplier Code of Conduct that outlines our expectations regarding labour practices, human rights, and ethical standards. All suppliers and business partners are required to adhere to this code, which explicitly prohibits any form of modern slavery or human trafficking.
3.2 Due Diligence: We conduct due diligence on our suppliers and business partners to assess their compliance with our ethical standards and to identify any risks related to modern slavery. This includes reviewing their labour practices, working conditions, and any relevant certifications.
3.3 Contractual Obligations: Our contracts with suppliers and partners include clauses that require compliance with all applicable laws and regulations related to modern slavery and human trafficking. Non-compliance with these obligations can result in the termination of the business relationship.
3.4 Employee Awareness and Training: We provide training to our employees to raise awareness of modern slavery, how to identify signs of it, and the steps to take if they suspect any form of exploitation. Our training ensures that employees understand their role in preventing modern slavery within our organisation and supply chain.
4. Risk Assessment and Management
CarWave recognises that certain areas of our supply chain may carry a higher risk of modern slavery. We regularly assess these risks and implement measures to mitigate them:
4.1 Risk Identification: We identify and assess potential risks of modern slavery within our supply chain, focusing on areas where there is a higher likelihood of labour exploitation, such as the sourcing of materials and the use of low-skilled labour.
4.2 Supplier Audits: We conduct audits of our key suppliers to ensure they are compliant with our anti-slavery policies and standards. These audits may be carried out by CarWave directly or through independent third-party organisations.
4.3 Ongoing Monitoring: We continuously monitor our supply chain for any signs of modern slavery or unethical labour practices. If any issues are identified, we take immediate action to address them, which may include working with the supplier to rectify the situation or terminating the relationship.
5. Reporting and Accountability
CarWave encourages all employees, suppliers, and business partners to report any concerns related to modern slavery or unethical labour practices. We are committed to investigating all reports thoroughly and taking appropriate action.
5.1 Whistleblowing Policy: We have a whistleblowing policy in place that allows employees and third parties to report concerns confidentially and without fear of retaliation. Reports can be made anonymously if preferred.
5.2 Investigation and Remediation: Any reports of suspected modern slavery are investigated promptly. If an instance of modern slavery is identified, CarWave will take immediate steps to address the issue, including working with relevant authorities and providing support to affected individuals.
5.3 Transparency and Reporting: We are committed to transparency in our efforts to combat modern slavery. CarWave will report annually on the steps we have taken to prevent modern slavery in our business and supply chain, including any identified risks and actions taken.
6. Continuous Improvement
CarWave is dedicated to continuously improving our practices to prevent modern slavery. We regularly review and update our policies, procedures, and training programs to ensure they remain effective in addressing this critical issue.
6.1 Stakeholder Engagement: We engage with stakeholders, including employees, suppliers, and industry partners, to share best practices and collaborate on initiatives to combat modern slavery.
6.2 Review and Update: Our modern slavery policies and procedures are reviewed annually to ensure they reflect current legal requirements, industry standards, and best practices. Any necessary updates are implemented promptly.
7. Approval and Statement
This Modern Slavery Statement has been approved by the Board of Directors of CarWave (The Wave Group) and is reviewed annually. It reflects our ongoing commitment to preventing modern slavery and human trafficking in all aspects of our business.
James Harrison
CEO and Chairman
Emily Thompson
Website Design & Marketing
CarWave / The Wave Group
Updated: 12/02/2024 | Renewal Due: 11/02/2025