Storage Millbank Modern Slavery Statement
This Modern Slavery Statement is made by Storage Millbank in respect of the financial year ending 31 December and sets out the steps we take to identify, prevent, and address modern slavery and human trafficking in our operations and supply chains. Storage Millbank is committed to conducting business ethically, responsibly, and with integrity, and we recognise our responsibility to respect and protect human rights across all areas of our activity.
Our Zero-Tolerance Approach
Storage Millbank maintains a strict zero-tolerance policy towards all forms of modern slavery, forced labour, human trafficking, debt bondage, child labour, and exploitation. This policy applies to every aspect of our business, including our own workforce, contractors, and all tiers of our supply chain. We expect the same high standards from every person and organisation we work with.
All employees, managers, and directors are required to act in a manner consistent with this zero-tolerance stance. Any indication that modern slavery may be taking place within our operations or supply chain will be treated as a serious breach of our ethical standards and will result in immediate investigation and, where appropriate, termination of relationships and reporting to the relevant authorities.
Governance and Responsibilities
Overall responsibility for our modern slavery strategy and compliance rests with the senior management of Storage Millbank. Operational managers are responsible for implementing this Statement within their teams, ensuring awareness, and escalating any concerns. All employees share responsibility for upholding our values and are expected to remain vigilant and proactive in identifying potential risks.
Risk Assessment and Due Diligence
We regularly assess the risk of modern slavery within our operations and supply chains, taking into account factors such as geographic location, industry sector, type of work undertaken, and the use of third-party labour. Where higher risk is identified, we apply enhanced due diligence and work closely with suppliers to ensure appropriate safeguards are in place.
Before entering new business relationships, we review prospective suppliers and contractors to ensure that their labour practices, policies, and standards align with our own expectations and with applicable legislation.
Supplier Standards and Audits
Storage Millbank expects all suppliers, contractors, and service providers to uphold the principles set out in this Statement. We require them to comply with all applicable laws relating to labour, employment, and human rights and to maintain safe and fair working conditions for all workers within their control.
We conduct supplier audits, which may be announced or unannounced, to verify compliance with our requirements and to assess the effectiveness of their own controls. These audits can include site visits, document reviews, and confidential worker interviews. Where non-compliance or areas of concern are identified, we work with the supplier to agree corrective action plans and follow up to ensure timely implementation. Continued non-compliance may result in the suspension or termination of the business relationship.
Training and Awareness
To reinforce our zero-tolerance policy, we provide training to relevant employees so they can recognise indicators of modern slavery and understand how to respond to potential concerns. Training materials are reviewed periodically to reflect changes in legislation, emerging risks, and best practice guidance.
Reporting Channels and Whistleblowing
Storage Millbank is committed to fostering an open culture in which concerns about modern slavery can be raised without fear of retaliation. Employees, suppliers, contractors, and other stakeholders are encouraged to report any suspicion or knowledge of modern slavery in our operations or supply chains through our established internal reporting channels or by raising the matter directly with a manager or senior representative.
All reports will be taken seriously, treated confidentially wherever possible, and investigated promptly and impartially. We will not tolerate any form of victimisation against individuals who raise concerns in good faith, and appropriate protective measures will be implemented to safeguard those who report issues.
Continuous Improvement and Annual Review
Storage Millbank recognises that combating modern slavery is an ongoing commitment that requires continual improvement. We regularly review our policies, procedures, and risk assessments to strengthen our approach and to reflect evolving best practice. This Modern Slavery Statement is reviewed at least annually by senior management to ensure its effectiveness and relevance.
As part of this annual review, we evaluate the outcomes of supplier audits, the nature and volume of any reported concerns, and the effectiveness of our training and communication initiatives. We use these insights to set objectives for further improvement, build stronger controls, and enhance transparency within our operations and supply chains.
This Statement has been approved by the management of Storage Millbank and will be updated, where necessary, to reflect any material changes in our business, risk profile, or legal obligations.
