Modern Slavery Statement

Modern Slavery Statement – Knights Chemist Limited

Introduction

Knights Chemist Limited (“the Company”) operates as a community pharmacy, serving the healthcare needs of our local community. We are committed to conducting our business with integrity and respect for human rights. This Modern Slavery Statement outlines our commitment to combatting modern slavery and human trafficking within our business operations and supply chains.

Our Business

Knights Chemist Limited operates community pharmacies in the UK providing a range of pharmaceutical and healthcare services to our customers. We operate with a strong focus on ethical business practices and strive to uphold the highest standards of integrity in all aspects of our operations.

Policies and Procedures

We have implemented the following policies and procedures to prevent modern slavery and human trafficking within our business:

1. Supplier Code of Conduct: We have established a Supplier Code of Conduct that sets out our expectations regarding labour standards, human rights, and ethical business practices. We require all our suppliers to adhere to these standards.
2. Due Diligence: We conduct due diligence on all potential suppliers to assess their compliance with our Supplier Code of Conduct. This includes evaluating their policies and practices related to modern slavery and human trafficking.
3. Employee Training: We provide training to our employees to raise awareness of the risks of modern slavery and human trafficking and to ensure they understand their role in preventing these abuses within our business and supply chains.

Our Supply Chains

We recognize that our supply chains present potential risks of modern slavery and human trafficking. We are committed to working closely with our suppliers to address and mitigate these risks.

Risk Assessment

We have conducted a risk assessment of our supply chains to identify areas of potential vulnerability to modern slavery and human trafficking. This assessment included evaluating the geographical locations of our suppliers, the nature of the products or services they provide, and their compliance with relevant labor standards and regulations.

Actions Taken
Based on our risk assessment, we have taken the following actions to address and mitigate the risk of modern slavery and human trafficking within our business and supply chains:

1. Supplier Engagement: We engage with our suppliers on an ongoing basis to communicate our expectations regarding ethical conduct and to encourage them to improve their practices where necessary.
2. Audits and Monitoring: We conduct regular audits of our suppliers to assess their compliance with our Supplier Code of Conduct, including their policies and practices related to modern slavery and human trafficking.
3. Remediation: In cases where instances of modern slavery are identified within our supply chains, we work with the supplier to implement remediation measures and, if necessary, terminate the business relationship.

Future Steps

We are committed to continually improving our approach to combatting modern slavery and human trafficking. In the future, we plan to:

1. Enhance Due Diligence: We will further strengthen our due diligence processes to ensure that we have a thorough understanding of the risks within our supply chains.
2. Collaboration: We will seek opportunities to collaborate with other organizations, industry groups, and stakeholders to share best practices and drive collective action against modern slavery.
3. Transparency: We will continue to be transparent about our efforts to combat modern slavery by providing regular updates on our progress in our annual Modern Slavery Statement.

Conclusion

Knights Chemist Limited is committed to preventing modern slavery and human trafficking in all aspects of our business and supply chains. We recognise the importance of this issue and are dedicated to playing our part in eradicating these abuses from society.

Anand Sodha
Director
Knights Chemist Limited
10/04/2024