United Molasses Trading is an organisation which acknowledges its responsibilities in relation to ethical business activity and in tackling modern slavery within our supply chain or in any other part of our business. Our policies and our interaction with colleagues, as well as suppliers, continues to reflect our commitment to acting ethically in all our operational matters. We strive to ensure that we, and our supply chain, act in compliance with the Modern Slavery Act 2015 and have continued to monitor such compliance.
United Molasses Trading Ltd is a wholly owned subsidiary of the United Molasses Group Ltd and is responsible for co-ordinating the Global procurement and sales of cane molasses, beet molasses, CMS and other co-liquid products
We believe that the highest risk of modern slavery in our supply chain is from the sourcing of raw materials. We are continuing to undertake risk assessments, of all those areas within our business and our supply chain identified by the legislation, with particular focus on child labour, forced labour, health and safety, workers rights, diversity and minimum pay. We are committed to compliance with the Modern Slavery Act 2015, and to ensure those within our supply chain are also aware of their obligations. As part of our supplier approval process for new vendors, ethical trading risk assessments now form an integral part of the approval process. As well as raising awareness within our shipping department, we require that vessels chartered by shipping agents on our behalf comply with internationally recognised trade federation guidance and regulation.
We have developed training for our staff on the issue of modern slavery within our supply chains and our business. Training sessions are planned for key staff to raise awareness of modern slavery and our approach to addressing human rights as a business. We are committed to addressing modern slavery and ensuring ethical compliance, and have developed policies which reflect the values we adhere to as a business. These are made available within our staff handbook, and includes a provision to address a safe mechanism for whistle blowing. The whistle-blowing policy has been amended so issues concerning human rights and modern slavery are covered under the disclosures that employees should report.
This statement is made pursuant to section 54(1) of the Modern Slavery Act 2015 in relation to the financial year ending July 2017.
Chris Roberts, Chief Executive Officer
United Molasses Group Ltd, 31st of January 2018