Modern Slavery Policy

At Velseoity.com, we are committed to promoting and upholding human rights and combating modern slavery in all its forms. This Modern Slavery Policy outlines our approach to ensuring that slavery and human trafficking have no place in our operations, supply chains, or any other business activities. We are dedicated to maintaining the highest standards of ethical conduct and integrity across our organization.

Our Commitment

Velseoity.com is dedicated to preventing modern slavery and human trafficking in all its forms. We recognize that modern slavery can manifest in various ways, such as forced labor, child labor, debt bondage, human trafficking, and other forms of exploitation. Our commitment extends to all areas of our business and covers our employees, suppliers, contractors, and any other parties associated with our operations.

Responsibilities and Accountability

To effectively combat modern slavery, we place responsibility and accountability throughout our organization. The following key individuals and departments are responsible for ensuring the implementation and enforcement of our Modern Slavery Policy:

  1. Management: Our senior management team is committed to supporting and promoting the principles of this policy and providing the necessary resources to ensure its effectiveness.
  2. Employees: All employees are expected to familiarize themselves with this policy and act in accordance with its principles. They are encouraged to report any concerns or suspicions regarding modern slavery or human trafficking.
  3. Human Resources: The Human Resources department is responsible for ensuring that effective systems are in place for recruitment, hiring, and the fair treatment of employees. This includes verifying the right to work and conducting appropriate background checks.
  4. Procurement: Our procurement team is responsible for evaluating and selecting suppliers based on their compliance with this policy. They work closely with suppliers to ensure that modern slavery risks are identified and addressed.

Supplier Due Diligence

We have implemented robust processes to assess and monitor our supply chain for potential modern slavery risks. These processes include:

  1. Supplier Evaluation: We evaluate potential suppliers based on their adherence to ethical and labor standards, including their commitment to combatting modern slavery and human trafficking.
  2. Supplier Audits: We conduct regular audits of our suppliers to assess their compliance with our Modern Slavery Policy. These audits may include site visits, document reviews, and interviews with workers.
  3. Supplier Contracts: We include specific contractual provisions requiring suppliers to comply with all applicable laws and regulations regarding modern slavery and human trafficking.

Training and Awareness

We believe that raising awareness and providing relevant training is crucial in preventing and addressing modern slavery. We provide ongoing training to our employees and key stakeholders to ensure they understand the signs of modern slavery and how to respond appropriately.

Reporting Concerns

We encourage all employees and stakeholders to report any concerns or suspicions regarding modern slavery or human trafficking. Reports can be made through our confidential reporting channels, including our whistleblowing hotline and reporting mechanisms.

Review and Monitoring

We regularly review our Modern Slavery Policy to ensure its continued effectiveness. We monitor our compliance and make improvements as necessary to address any identified risks or areas of concern.

Conclusion

Velseoity.com is committed to taking all necessary steps to prevent and combat modern slavery and human trafficking. We are dedicated to promoting ethical practices within our organization and throughout our supply chains. By adhering to this Modern Slavery Policy, we aim to create a fair and sustainable business environment, free from exploitation and human rights abuses.

This policy is approved by the senior management team and is effective as of [date]. It will be regularly reviewed and updated as necessary.