Slavery & Human Trafficking transparency Statement - Flipbook - Page 21
2026 SMI MODERN SLAVERY STATEMENT
As part of our phased implementation, SMI is also introducing a number of
non-negotiable RSPS requirements, which will be communicated during 2025
and 2026 before becoming mandatory from 2027. Through continuous
Alongside
strengthening
supplierassurance
capability,
continues
to enhance
its due
supplier engagement,
independent
andSMI
ongoing
improvement,
we
diligence
and
supply
chain
assurance
processes.
By
the
end
of
2026,
we
are
are committed to building a transparent, resilient and ethical supply chain
committed
to
completing responsible Where non-conformances are identified, we wi
protects human rights and helps prevent modern slavery throughout our
work that
collaboratively
with suppliers to implement corrective action plans, monitor
valueand
chain.
progress
verify that improvements have been effectively embedded. Critical
findings relating to modern slavery, forced labour, child labour, human trafficking o
other serious
humanthat
rights
violations
willslavery
be escalated
immediately
and may result i
SMI recognises
preventing
modern
and protecting
human rights
enhanced
monitoring,
follow-up
audits, suspension
of new business
or termination o
requires
continuous
vigilance, collaboration
and improvement.
While we are
the commercial relationship where appropriate.
proud
thephased
progressimplementation,
made during 2025 and
we acknowledge
As part
ofof
our
SMI2026,
is also
introducingthat
a number of nonthere
is
always
more
to
do
to
strengthen
transparency
and
raise
standards
negotiable RSPS requirements, which will be communicated during 2025 and 2026
beforeacross
becoming
mandatory
from chain.
2027. Through continuous supplier engagement,
our operations
and supply
independent assurance and ongoing improvement, we are committed to building a
transparent,
resilient and ethical supply chain that protects human rights and helps
Through ongoing supplier engagement, robust due diligence, independent
prevent modern slavery throughout our value chain.
third-party
and theusing
continued
of ourmethodology
sourcing auditsassessments
across all and
Tieraudits,
1 suppliers
the development
two-pillar audit
Responsible
Partner
Strategy,Group.
we remain
committed
to
delivered
by theSustainable
Reassurance
Network
This
independent
audit approach
provides
a
comprehensive
assessment
of
suppliers
against
our
identifying, preventing and addressing the risks of modern slavery and Responsible
Sustainable
Strategy
(RSPS),
covering
documentary
evidence and onhuman Partner
trafficking.
By working
in partnership
withboth
our employees,
customers,
site verification where applicable.
suppliers
and a
other
stakeholders,
will continuebusiness
to build a practices,
resilient, ethical
The audits
assess
broad
range of we
responsible
including modern
and
responsible
supply
chain
that
respects
the
rights
and
wellbeing
of
slavery and human trafficking prevention, labour standards, human rights, health
and safety,
environmental
management, governance, ethical business conduct, and
everyone
involved.
supply chain transparency. This enables SMI to gain greater visibility of potential
risks within our supply chain whilst providing suppliers with practical
This statement has been approved by the Board of Directors and
recommendations
to strengthen their management systems and operational
demonstrates SMI's commitment to conducting
practices.business with integrity,
and respect
human rights, in
accordance
with the
Wheretransparency
non-conformances
orfor
opportunities
for
improvement
are identified, SMI will
workrequirements
collaboratively
with
suppliers
to
develop
and
implement
robust corrective
of the Modern Slavery Act 2015.
action plans. Progress against these actions will be actively monitored through
follow-up engagement and, where necessary, further verification to ensure
improvements have been effectively implemented. Our objective is not only to
identify areas requiring improvement but to support suppliers in closing all noncompliances raised through the audit process within agreed timescales, embedding
sustainable improvements and reducing the risk of modern slavery and other human
rights violations across our supply chain.
This structured assurance programme forms a key part of our ongoing commitment t
continuous improvement, providing greater transparency, strengthening supplier
accountability, and ensuring that responsible and ethical business practices are
consistently embedded throughout our value chain.
