Wynnstay Group PLC
(“Wynnstay” or “the Company”)
Modern slavery and human trafficking statement
For the Financial Year ending 31st October 2017
A leading supplier of agricultural products, the Company is dedicated to providing a professional, reliable and efficient service to a range of customers including farmers and rural dwellers across a wide trading area, currently limited to the UK. Committed to national growth, the Company conducts its activities ethically and with honesty and integrity, but recognises the potential for abuses to occur within extended supply chains and wishes to do all that it can to prevent modern slavery and human trafficking acts. The Board will not tolerate business relationships with organisations knowingly involved with such abuse.
This statement therefore sets out Wynnstay's current approach to understanding the potential risks of such abuses, and the steps in place and to be implemented, to prevent modern slavery or human trafficking events occurring within its own business and associated supply chains. This statement relates to intentions and actions taken during the financial year, and to the future development of procedures for identifying risks and preventing abuses.
The Wynnstay Board has committed to preventing modern slavery and human trafficking acts from its corporate activities, and to ensure that its national and international supply chains are free from such abuses. Where possible the organisation prefers to build long standing relationships with our suppliers, where through a strengthening of trading commitments, we can make clear our expectations of business behaviour. During the year, an initial review of primary trading partners was completed with a view to identifying relationships where a risk may exist. A categorisation approach was taken, to allow the Company to prioritise its limited resources initially to any areas of perceived highest threat. Following this initial review, engagement with a number of suppliers commenced to obtain an understanding of their processes with a view to ensuring that agreed procurement policies included appropriate ethical and supplier codes of conduct. Standard trading conditions have been amended for all new relationships to incorporate appropriate confirmations on these same matters, with a view to normalising the consideration of modern slavery and human trafficking risks in the usual commercial contract terms for our business.
Our procurement policy is intended to comply with the Modern Slavery Act 2015 and incorporate a risk assessment protocol which identifies and assesses potential risk within that particular supply chain. Appropriate investigative and auditing processes commensurate to the scale of the enterprise and risk, are executed as necessary. Our staff are provided with sufficient training where appropriate, enabling them to identify risk and ensure the expectations of the procurement policy and its associated processes are understood at all levels across the Business. All suspected cases of modern slavery and human trafficking are requested to be reported to the Head of Procurement, and any such report will be investigated on a case by case basis, with appropriate remedial action taken immediately.
The Board also recognise that concerns about modern slavery are not just limited to the Company’s supply chains, but may also be a risk within the Business’s own employment environment, and particularly with regard to temporary or agency staff use. A review of such hiring practises has been completed by our HR function and only approved agencies with appropriate employment due diligence processes have been used during the year.
This statement has been approved by the Company's Board of Directors, who have assessed that current risks with regard to modern slavery and human trafficking abuse within the business and its direct supply chain is low due to the nature of its operations.
Director's name: B P Roberts
Date: 22nd May 2018