01. Introduction:
1.1 Conovo Ltd recognizes the significance of combating modern slavery and human trafficking in all areas of its business operation. As a leading global software company offering comprehensive IT solutions to businesses, we are fully committed to ensuring that our organisation and supply chains are free from slavery and human trafficking.
02. Organisational Structure, Business Overview & Supply Chains:
2.1 Conovo Ltd is a software company offering innovative IT solutions to businesses across the world. Our organisation comprises multiple departments including software development, quality assurance, business management, sales and marketing, customer support, human resources management, administration, and compliance. We provide services in a dynamic industry with a network of suppliers and partners contributing to our supply chains.
03. Policies for Slavery and Human Trafficking:
3.1 Conovo Ltd has a robust governance structure in place to ensure adherence to modern slavery, set standards, and policies, and maintain a firm approach that aligns with our values. Endorsed by the company CEO and his senior management team, this policy has been seamlessly integrated into our risk management and procurement frameworks wherever applicable. The oversight of all processes and initiatives pertaining to the modern slavery policy is diligently managed by our compliance department.
3.2 At Conovo Ltd, we maintain a zero-tolerance policy towards slavery and human trafficking. Our unwavering commitment to upholding the highest standards and ethical values within our organisation ensures integrity across all facets of our business operations. Our policies are meticulously aligned with international standards and legal requirements of modern slavery and human trafficking.
04. Due Diligence Processes:
4.1 We comprehensively conduct periodic due diligence to proactively identify and mitigate the risks of slavery and human trafficking across all aspects of our business operations and supply chains. Our due diligence process includes:
- Assessing partners and suppliers to ensure strict adherence to our policies regarding modern slavery and human trafficking.
- Undertaking thorough risk assessments to pinpoint vulnerable areas within our supply chains and business operations where the risk of slavery and human trafficking may be heightened.
- Engaging with partners and suppliers to promote awareness of slavery and human trafficking, ensuring compliance with ethical standards, and supporting the adoption of ethical standards at the organisational level.
05. Risk Assessment and Management:
5.1 After a thorough due diligence process, we have identified several vulnerable areas in our business operations and supply chain that can be exposed to slavery and human trafficking. The purpose of risk assessment is to identify and manage any potential risks. The areas identified include:
- Suppliers of equipment and components used in our company.
- Contractors and partners involved in our provision of services.
- Countries or regions with a known prevalence of modern slavery and human trafficking.
To manage the risks, Conovo Ltd has implemented the following measures.
- Well-established contractual provisions to ensure compliance of contractors and partners with our anti-slavery and human trafficking policies.
- Regular audits and risk assessments to monitor compliance and areas of improvement across supply chains and business operations.
- Providing support and facilitating access to resources for our suppliers and partners to effectively address any issues pertaining to slavery and human trafficking.
06. Effectiveness Measurement:
6.1 At Conovo Ltd, we regularly review and evaluate our practices to prevent slavery and human trafficking in our business and supply chains. Our key performance indicators include:
- Compliance rates among partners and suppliers.
- Response mechanisms and incident reporting.
- Regular feedback from stakeholders on anti-slavery initiatives.
- Suppliers of equipment and components used in our company.
- Contractors and partners involved in our provision of services.
- Countries or regions with a known prevalence of modern slavery and human trafficking.
To manage the risks, Conovo Ltd has implemented the following measures.
- Well-established contractual provisions to ensure compliance of contractors and partners with our anti-slavery and human trafficking policies.
- Regular audits and risk assessments to monitor compliance and areas of improvement across supply chains and business operations.
- Providing support and facilitating access to resources for our suppliers and partners to effectively address any issues pertaining to slavery and human trafficking.
07. Training and Capacity Building:
7.1 Conovo Ltd is committed to raising awareness and building capacity among our staff to identify and address risks related to modern slavery and human trafficking. Our training programs include the following topics.
- Identifying the signs of modern slavery and human trafficking.
- Reporting procedures for addressing problems.
- Policies and expectations of ethical conduct and legal compliance.
08. Conclusion:
Conovo Ltd is dedicated to ensuring that slavery and human trafficking are eradicated from our business operations and supply chains. Through our robust policies and due diligence processes, we are committed to keeping the highest standards of ethical conduct that contribute to the fight against modern slavery and human trafficking.