TINECO INTELLIGENT UK CO., LTD Modern Slavery Statement 2024
Introduction
TINECO INTELLIGENT UK CO., LTD recognizes the importance of identifying and preventing modern slavery and its causes in our business and supply chain. we respect the human rights of all related employees, customers, and shareholders. And make all efforts to ensure that slavery and human trafficking are not taking place in any part of our business or supply chain.
Organisation’s Structure
TINECO INTELLIGENT UK CO., LTD is registered in 5 NEW STREET SQUARE LONDON UNITED KINGDOM EC4A 3TW with company number 04328885.
The Tineco global group employs approximately 6,000 people globally and has operations in Canada，United States, Germany, China, France, Spain, Japan, Italy, the United Kingdom. Our global supply chain extends 20 countries and territories, with approximately 80 tier one suppliers, of whom we would consider approximately 25 to be key suppliers.
Our approach to slaver and human trafficking
Tineco consider what modern slavery risks are predominantly associated with the human rights of Tineco’s employees, supply chain and raw material procurement, we take reasonable and practical steps, including factories and warehouse inspections, audits and contractual obligations to ensure that our standards are being implemented throughout the businesses of our suppliers and that local legislation and regulations are complied with.
Training
To ensure a high level of understanding of the risks of modern slavery and human trafficking in our supply chains and our business, training on relevant subject will become compulsory to our staff in the coming year.
Our supply chains
Tineco sources critical components from China, Korea. We seek to only deal with reputable suppliers which under a strong degree of control and Tineco audit. our zero-tolerance approach in respect of human rights including welfare trafficking and slavery.
Building on our existing supply chain management, we will introduce more rigorous audits, conducted both internally and by independent third parties. These audits will specifically focus on identifying and mitigating any risks related to modern slavery and human trafficking.
We will assess any instances of non-compliance on a case by case basis and will then tailor remedial action appropriately. We will only trade with those who comply with our policy or those who are taking verifiable steps towards compliance.
Continuous Improvement
The company has a zero-tolerance approach to modern slavery. We recognize that slavery is not just an ethical and human rights issue, it is one of criminality and is a key factor and driver of exploitation.
As part of our corporate governance agenda, we are committed to acting ethically and with integrity in all our business dealings and relationships, conducting business in a way that minimizes the risk of slavery or human trafficking in our own business and in our supply chains as much as possible.
We also strive to engage employees in understanding why addressing modern slavery is important and how to identify and act on indicators of slavery.
This statement is made in accordance with section 54(1) of the Modern Slavery Act 2015 and constitutes the slavery and human trafficking statement for Tineco and its relevant subsidiaries for the financial year ending 31st Dec 2024. It has been approved by the Board of Directors.
Leng ling
Director
TINECO INTELLIGENT UK CO., LTD
