We are committed to constantly reviewing our employment practices, and the activities of our supply chain and ensuring compliance with the obligations under the Modern Slavery Act 2015. This statement sets out the policies and practices within our business that provide a framework aimed at ensuring our compliance to the requirements of the Act. No sector or industry can be considered immune or untainted. Alotsold Vehicle Auctions Limited takes seriously its responsibilities to be alert to the risks of modern slavery and to manage it appropriately.
This statement refers to our primary review against the implementation of the Act and sets out certain actions that took place during the current financial year. We have also set out actions we intend to take in the next financial year to improve our position and to ensure that there is no form of modern slavery or human trafficking present in our supply chains or our business.
Our Business Activities
Alotsold Vehicle Auctions Limited is the provision of vehicle auctions and private registrations. The company provides sellers access through its online daily auctions to an active and geographically diverse buyer base, ensuring market value is achieved for vehicles and private registrations sold. The company only operates in the UK.
Responsibilities
The Managing Director has responsibility to ensure that all the company policies and procedures are up to date and properly meet the requirements that the policy is designed for. Such reviews are conducted annually.
The Managing Director will review its approach to human rights and modern slavery annually to ensure that no changes have taken place that may have impacted upon its initial risk assessment.
Risk Assessment
The Managing Director completed a risk assessment against our activities and concluded that in general the company does not have any area subject to high risk within the definition of the Modern Slavery Act 2015. The company believes that its review and this statement are proportionate to the identified generally low risk to modern slavery as described within the Act.
The Company’s Values are an integral part of the way the company operates and provides a framework that ensures that the behaviour of our employees meets or exceeds the minimum requirements set out in active employee related legislation. When necessary, the company will invoke its Disciplinary Policy & Procedure to ensure that its Values remain an integral part of its culture.
Due Diligence
Given the low risk the company has assessed itself as, and the type of operation the company conducts, we believe that its existing commercial due diligence practices are sufficient to ensure continual compliance to the requirements of the Act. However, this position will form part of its annual review process.
We have in place systems to:
- Identify and assess potential risk areas in our supply chains;
- Mitigate the risk of slavery and human trafficking occurring in our supply chains in conducting background checks;
- Monitor potential risk areas in our supply chains;
- Protect whistle blowers and report unethical conduct; and
- Where possible we build long standing relationships with our supply chains nationally and we expect these entities to have suitable anti-slavery and human trafficking policies and processes.
Our Policies & Procedures
The company has a number of relevant policies that will support its efforts to ensure compliance to the Act.
Whistleblowing Policy
The company encourages all its workers, customers and other business partners to report any concerns related to their direct activities, or our supply chain. This includes any circumstances that may give rise to an enhanced risk of slavery or human trafficking. The company’s whistleblowing procedure is designed to make it very easy for workers to make disclosures, without fear of retaliation.