At New Labs CBD, we are committed to upholding the highest standards of ethical practices and promoting human rights in all aspects of our business operations. We recognize the importance of combating modern slavery and human trafficking and strive to ensure that our supply chains and business practices are free from such exploitation.
Our Approach:
- Supply Chain Transparency: We take steps to understand and map our supply chains, identifying potential risks of modern slavery or human trafficking. We work closely with our suppliers and partners to ensure they share our commitment to ethical practices and adhere to relevant laws and regulations.
- Supplier Due Diligence: We conduct thorough due diligence when selecting and engaging with suppliers. We seek suppliers who share our values and ethical standards and actively work to mitigate the risk of modern slavery in their operations.
- Code of Conduct: We have established a comprehensive Code of Conduct that sets out our expectations regarding labor standards, human rights, and ethical practices. We communicate this code to our suppliers, partners, and employees, emphasizing the importance of compliance and responsible business conduct.
- Training and Awareness: We provide training and raise awareness among our employees and key stakeholders about modern slavery, its indicators, and the steps they can take to prevent it. We encourage a culture of vigilance, where any concerns or suspicions related to modern slavery are reported and addressed promptly.
- Reporting and Accountability: We have established mechanisms for reporting concerns or suspicions related to modern slavery. Our employees, suppliers, and stakeholders are encouraged to report any violations or potential risks, and we are committed to investigating and taking appropriate action in response to such reports.
- Continuous Improvement: We regularly review and update our policies, procedures, and practices to ensure they align with best practices and evolving legal requirements. We engage with external stakeholders, industry initiatives, and relevant organizations to stay informed and enhance our approach to combating modern slavery.
Our Expectations:
We expect all individuals and organizations with whom we interact to share our commitment to ethical practices and human rights. We require our suppliers, partners, and contractors to comply with all applicable laws, regulations, and international standards, including those related to modern slavery and human trafficking.
By working together, we can create a supply chain that is free from modern slavery, promote ethical business practices, and contribute to a fair and just society.
Reporting Concerns:
If you have any concerns, suspicions, or reports related to modern slavery or human trafficking within our operations or supply chains, we encourage you to report them promptly. We take all reports seriously, and appropriate action will be taken to address any identified issues. You can report your concerns by contacting our designated point of contact or through the appropriate channels outlined in our Whistleblowing Policy.
Conclusion:
New Labs CBD is committed to combating modern slavery and human trafficking in all its forms. We strive for transparency, accountability, and continuous improvement in our efforts to ensure our operations and supply chains are free from exploitation. By working collectively with our stakeholders, we aim to make a positive impact and contribute to the eradication of modern slavery.
This Modern Slavery Statement will be reviewed periodically and updated as necessary to reflect our ongoing commitment and actions to combat modern slavery.
For further inquiries regarding our Modern Slavery Statement or our approach to ethical practices, please contact us at [email protected].