Modern Slavery and Human Rights Policy - 2023
At KoloDev Ltd., we are committed to upholding the highest standards of ethical behaviour and respect for human rights. As such, we have a zero-tolerance policy towards modern slavery and any form of human rights abuse.
We are committed to conducting our business in a manner that is consistent with our values and in compliance with all applicable laws and regulations, including the UK Modern Slavery Act 2015. We expect the same high standards from our suppliers and business partners.
We have implemented internal controls and procedures to ensure that our business and supply chain is free from modern slavery and human rights abuse. These include:
We are committed to transparency in our business and supply chain and will make information about our efforts to combat modern slavery and human rights abuse available upon request.
- A code of conduct that sets out our expectations for ethical behaviour and compliance with laws and regulations, including those related to modern slavery and human rights.
- A reporting mechanism that allows employees to confidentially report any concerns or suspicions of modern slavery or human rights abuse.
- A due diligence process for identifying and mitigating potential risks in our supply chain, including regular assessments of our suppliers' practices and policies.
- Training for employees on modern slavery and human rights issues, including how to identify and report any potential risks.
We will not tolerate any form of modern slavery or human rights abuse in our business or supply chain. Any employee, supplier, or business partner found to be in violation of this policy will face disciplinary action, up to and including termination of our relationship.
KoloDev Ltd. Modern Slavery KPIs - 2023
The following KPI's are utilised for ensuring Modern Slavery Policy Conformance
Supplier compliance: This KPI measures the percentage of suppliers who have been audited and found to be compliant with the company's anti-slavery policies.
Risk assessment: This KPI measures the effectiveness of the company's risk assessment process for identifying potential areas of modern slavery in the supply chain.
Training and education: This KPI measures the extent to which employees and directors have received training on modern slavery and how to identify and report potential instances.
Reports and investigations: This KPI measures the number of potential instances of modern slavery that have been reported and investigated.
Remediation: This KPI measures the extent to which the company has been able to successfully address and remediate any instances of modern slavery identified in the supply chain.
Compliance rate: This KPI measures the percentage of suppliers who have undergone due diligence and been determined to be compliant with the company's anti-slavery policies.
Third-Party Audits: This KPI measures the number of audits and assessments conducted by third party service providers, to assess the compliance and effectiveness of the company’s systems, procedures, and performance in relation to tackling modern slavery.
Grievances & Complaints: This KPI measures the number of complaints, grievances and concerns received and resolved regarding slavery, forced labour and human trafficking.