Modern Slavery Statement

ETEK Electric Modern Slavery Statement

Introduction

ETEK Electric is committed to ensuring that there is no modern slavery or human trafficking in our supply chains or in any part of our business. This statement outlines the steps we have taken to minimize the risk of modern slavery occurring within our organization and its supply chains, pursuant to the Modern Slavery Act 2015.

Our Business

ETEK Electric is a leading manufacturer of electrical equipment, focusing on innovation and high-quality product production. Our operations span globally, encompassing manufacturing, sales, and after-sales services.

Our Policies

We have implemented several policies to ensure that modern slavery does not occur within our business and supply chains. These policies include, but are not limited to:

1.Anti-Modern Slavery Policy: Clearly prohibiting any form of slavery, forced labor, and human trafficking.

2.Supply Chain Compliance Policy: Mandating that all suppliers comply with our modern slavery requirements and undergo regular reviews.

3.Employee Training: Conducting regular training sessions for employees on modern slavery and human trafficking to raise awareness and improve identification capabilities.

Risk Assessment and Due Diligence

We conduct regular risk assessments to identify and evaluate potential modern slavery risks within our business and supply chains. Our due diligence process includes:

1.Supplier Audits: Conducting rigorous background checks on new suppliers to ensure they meet our anti-modern slavery standards.

2.Site Inspections: Performing regular on-site inspections of supplier facilities to ensure their operations align with our ethical standards.

3.Contractual Clauses: Including clear provisions in contracts requiring suppliers to comply with our anti-modern slavery policies.

Reporting and Remediation

We encourage employees and suppliers to report any suspected instances of modern slavery. We provide anonymous reporting channels and commit to thoroughly investigating all reports. For any breaches of our policies, we will take stringent remedial actions, including terminating the business relationship.

Future Plans

We are committed to continuously improving and strengthening our policies and procedures to address the challenges of modern slavery. Our future plans include:

1.Enhanced Training: Further enhancing training for employees and suppliers to ensure they understand the risks of modern slavery and our policies.

2.Expanded Audits: Expanding the scope of our supply chain audits to cover more suppliers and partners.

3.Collaboration and Sharing: Collaborating with other businesses and organizations to share best practices and promote anti-modern slavery efforts within the industry.

Conclusion

ETEK Electric believes that everyone deserves freedom and dignity. We will continue to strive to ensure that there is no modern slavery in our business and supply chains and contribute to creating a fairer and more just world.

Signatory

Qi jibing
General manager
March 3, 2023