Financial Year ending August 2020
The UK Modern Slavery Act 2015 (the ‘Act’) requires businesses to state the actions they have taken during the financial year to ensure modern slavery is not taking place in their operations and supply chains. We are fully committed to playing our part in eradicating modern slavery through our operating subsidiary businesses. We firmly advocate for transparency and collaboration to eliminate the risks of modern slavery. This statement refers to the financial year ending August 2020. It sets out the steps taken by Symington’s Limited to prevent modern slavery and human trafficking in our own operations and supply chains.
We are committed to making best endeavours to ensure that there is no modern slavery, human trafficking or forced labour within our own business or indeed our supply chain. We are committed to continuously review and improve business practices to combat slavery, human trafficking and forced labour. Our value of “doing the right thing” extends to everything that we do, and that includes ensuring that our operations and supply chain are free of slavery and human trafficking.
Speedboat Hold Co is the holding company for the following businesses/legal entities:-
The above companies listed encompass all businesses which are in existence under Speedboat Hold Co, however Symington’s is the only trading entity which produces food products within the UK. Our food manufacturing business Symington’s is a branded and own label ambient food manufacturer with over 1000 employees across 4 sites in the UK and has an annual turnover of around £110m.
This statement reflects our commitment to acting ethically and with integrity in all our business relationships and to implementing and enforcing effective systems to ensure slavery and human trafficking is not taking place within either our own business or within our supply chain.
We are committed to developing sustainable and strategic partnerships with our key suppliers. This is demonstrated through long term supply contracts, which drive mutual benefits and value.
Our aim is to source materials certified to meet recognised environmental and ethical standards, such as cocoa horizons or UTZ for all chocolate and cocoa products, sustainable palm oil from producers that meet the Roundtable for Sustainable Palm Oil (RSPO). We value the integrity of our materials and hold supply chain maps for all high risk ingredients; the support of our supply base is essential in this. Across our packaging supply base we are actively championing more environmentally friendly and sustainable solutions.
The majority of our procurement activities are within Europe although we do use some suppliers from outside this area. We use a risk-based approach to audit “high” and “medium” risk suppliers, carrying out technical / SMETA audits. We prioritise our highest risk suppliers and ensure that suitable rigorous diligence is demonstrated in this regard.
All suppliers are put through a systematic, documented verification process which is designed to objectively obtain and evaluate evidence, to determine whether the supplier conforms to the required labour standards. Packaging and ingredient suppliers who are deemed to be medium and high-risk suppliers (determined by reference to the supplier Sedex risk rating, geographic sourcing region and nature of the product supplied), will have a greater level of due diligence actions undertaken regularly throughout any period of supply. All individuals performing these checks within Symington’s are suitably trained in the relevant internal procedures that govern the approval process.
Our labour providers are GLA registered and we have an automatic alert via the GLA website to notify us of any change in status. Our supplier of industrial labour is required to undertake 6-monthly audits which include elements of ethical practices and they are required to meet our expected standards in order to continue to supply labour to us. The audit includes the elements of the ETI base code and encourages continual improvement to the highest standards.
Despite the challenges as a result of the pandemic, we have continued to complete technical audits (using a mixture of virtual and on site assessments) which contain elements of ethical auditing. Our Sedex SAQ’s for each sites are continually updated and we expect that three of our sites will complete audits in 2021.
As part of our commitment to identify and mitigate slavery and human trafficking risks during our financial year to August 2020 we have:-
As part of our ongoing commitment in the coming year we will:-
In doing the above we have set ourselves the following KPI’s which will be reviewed at the end of the financial year:-
This statement is made pursuant to section 54(1) of the Modern Slavery Act 2015 and constitutes our Group’s Slavery and Human Trafficking Statement for the financial year ending August 2020.
I confirm that the information and data reporting is accurate, and can confirm that this statement is approved by the Board.
Chief Executive Officer