Speed Group (Holdings) Ltd
Modern Slavery Statement
This statement is made pursuant to section 54 of the United Kingdom Modern Slavery Act 2015. It constitutes the slavery and human trafficking statement of Speed Group (Holdings) Ltd (SGH) and its subsidiaries for the financial year ended 31 August 2017.
The statement covers the activities of SGH and its subsidiary companies which include: JetAir Group Ltd, JetAir (Travel Logistics) Ltd, JetAir (Central Accounting) Ltd, JetAir (Brokers) Ltd, JetAir (Scheduled Services) Ltd and JetAir Brokers (Spain) Ltd, Speed Group Ltd, Staff Logistics Ltd, London Procurement Ltd, Speed Aviation Ltd, RedMed International Ltd, Driftstone Ltd, Driftstone Developments Ltd and Project Sahara Ltd.
The statement addresses the activities of the subsidiary companies as regards the procurement of goods and services in the supply chain. The statement will be reviewed annually by the Board of Directors and will be published on the company’s websites.
The activities of the subsidiary companies of SGH include international procurement, human resource management, aviation and travel related services, and house building.
We employ around 20 staff at our offices in the UK and Spain. We also work closely with our joint venture partners in Algeria. Our staff are either directly employed or are freelance and are not in any category which is generally seen to be vulnerable to modern slavery, so our focus is to develop policies and procedures for our contractors and suppliers.
SGH is committed to continuously improving its practices to identify and eliminate any slavery and human trafficking in its business and supply chains, and to acting ethically and with integrity in all its business relationships.
SGH is developing a number of policies that aim to eliminate the risk of modern slavery in our supply chain. These include:
- Suppliers and Partners Policy - setting out internal requirements for buying goods and services;
- Responsible Procurement Policy - covering issues of human rights, child and forced labour and modern slavery, which SGH’s suppliers are required to comply with; and
- Whistleblowing Policy - encouraging staff to report concerns including any related to modern slavery/trafficking and child or forced labour.
We will monitor our suppliers with a view to identifying any that might present high modern slavery risks in our supply chain. Any supplier that we class as high risk must:
- complete a Modern Slavery Act Due Diligence Questionnaire covering their governance, policies, training and supply chain management processes; and
- provide full details of the supply chains they are proposing to commission services from on behalf of SGH and its subsidiaries.
A Director of SGH will be responsible for assessing the information submitted by suppliers. Should a supplier fail to provide the information requested or to meet our expectations, SGH will take appropriate action, which may include not entering into a relationship with, or terminating the relationship with the supplier concerned.
During the year, we have continued to provide advice and guidance to those subsidiary companies that have direct responsibility for relevant supply chains. We are devising a Modern Slavery Act guidance document which will be made available to staff.
Over the course of the next financial year we will continue to enhance our procedures to help us identify, prevent and mitigate any risks of modern slavery or human trafficking in relation to new and existing suppliers.
This statement has been formally approved by the Board of Directors of Speed Group (Holdings) Ltd and signed on their behalf by the Company Secretary.
Speed Group (Holdings) Ltd