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This Modern Slavery and Human Trafficking Statement relates to actions and activities during the financial year 1 January 2022 to 31 December 2022.
The statement sets down Ipeco Holdings Limited’s commitment to preventing slavery and human trafficking in our business activities and the steps we have put in place with the aim of ensuring that there is no slavery or human trafficking in our own business and supply chains. We all have a duty to be alert to risks, however small. Staff are expected to report their concerns and management to act upon them.
This is also our is our third annual statement and it contains a summary of progress undertaken from 2020 to 2021.
Organisational Structure and Supply Chains
This statement covers the business activities of Ipeco Holdings Limited and its subsidiaries which include the design and manufacture of aircraft crew seating, executive jet passenger seating and electrical galley inserts, as well as repair services, for the aviation industry.
The business is headquartered in the UK and operates internationally with a variety of clients, including aircraft manufacturers and airlines. Ipeco currently has operations in the United Kingdom, China, the United States of America, Germany, Hong Kong, India, the United Arab Emirates, Brazil and Singapore. These are supported by third-party representation in other countries.
Executive management routinely review the risks associated with the business and its global supply chain, including modern slavery and human trafficking, and address any areas identified for action.
Ipeco does not condone slavery and servitude, forced or compulsory labour, any form of coercion, or human trafficking in its workforce or in any of its suppliers.
The following policies set down our approach to the identification of modern slavery risks and steps to be taken to prevent slavery and human trafficking in all operations which should be read in conjunction with this Statement:
Responsibility for the Group’s anti-slavery initiatives is as follows:
To ensure a good understanding of the risks of modern slavery and human trafficking in our business and supply chains, all procurement staff will be provided training at least once every 24-month period. We aimed to train all our employees by 30 September 2021, a goal which we achieved.
Due Diligence Processes for Slavery and Human Trafficking
The business undertakes due diligence when considering taking on new suppliers, and regularly reviews its existing suppliers. Ipeco’s due diligence processes include building long-standing relationships with suppliers, making clear our expectations of business partners through both clear communication and contractual terms, evaluating the modern slavery and human trafficking risks of each new and existing supplier and invoking sanctions against suppliers that fail to improve their performance in line with any action plan provided by us, including the termination of the business relationship. We also include provisions in our contracts requiring compliance with the applicable UK or other global anti-slavery legislation.
We will continue to review and develop our supply chain due diligence and risk assessment across our offices to ensure a robust and consistent approach to slavery and human trafficking risks. To the extent that any such risks or actual violations are identified, we will implement all appropriate actions to eliminate them, including disengaging with suppliers and/or customers if necessary.
Statement Review and Approval
This Modern Slavery and Human Trafficking Statement will be regularly reviewed and updated, as necessary.
This Modern Slavery and Human Trafficking Statement has been approved and authorised by the Board of Directors of Ipeco Holdings Limited on 29th July 2022.
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What is in these terms?
These terms tell you the rules for using our website (www.ipeco.com) (“our site”).
Who we are and how to contact us
www.ipeco.com is a site operated by Ipeco Holdings Limited (“We”). We are registered in England and Wales under company number 672443 and have our registered office at Aviation Way, Southend-on-Sea, Essex SS2 6UN United Kingdom. This is also our main trading address is. Our VAT number is GB 250 372682.
To contact us via email, please click here or telephone our office on +44 (0)1702 545 118.
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