Modern Slavery Statement

This statement sets out the steps taken by Price Western Leather Company Ltd (“Price Western”) to ensure that our business and supply chain are free from slavery and human trafficking.

Summary

We are committed to ensuring that we supply high quality products that are sourced and manufactured in a fair, ethical and environmentally responsible way. We have a zero tolerance approach to modern slavery of any kind
within our operations and supply chain. Our workers are encouraged to report any concerns they may have and management are required to act upon them.

We have taken and will continue to take a number of steps to ensure that slavery and human trafficking do not take place in any part of our business or supply chain. We are proud of the steps we have taken to date which include:
– implementing a formal supplier approval process across our supply base, which includes a focus upon
human rights and labour standards policies;
– directly auditing our key primary materials supply base on a periodic basis

Our policies on slavery and human trafficking

We operate an Ethical Operating Policy that reflects our commitment to acting ethically and with integrity in all our business relationships. Our Ethical Operating Policy is an important part of our framework for controlling slavery and human trafficking risk. It sets out our standards in relation to our suppliers’ treatment of workers, child labour, legal compliance, discrimination and health & safety. We monitor and measure supplier compliance with our Ethical Operating Policy through our supplier approval and audit processes.

Due diligence processes for slavery and human trafficking

We understand the risk of modern slavery taking place in our supply chain. We take a risk-based approach to our selection of suppliers and ethical trading is an important part of our risk assessment processes. In order to identify, monitor and mitigate the risk of slavery and human trafficking taking place within our supply chain we take the following steps:
– Our contract tender process requires the completion of a formal supplier approval questionnaire which includes an
assessment of our suppliers’ human rights and labour standards status; and
– Our supplier audit programme allows us to periodically assess the working conditions at our key materials
suppliers’ production sites and to verify that relevant policies are being adhered to.

Training

Our Procurement team are qualified to understand the importance of ethical trading and the risks of modern slavery and human trafficking.

This statement is made in line with the requirements of section 54(1) of the Modern Slavery Act 2015 and approved by Price Western on 31 January 2018.