At The CBD Fact, we are committed to operating ethically and with integrity in all aspects of our business. This Modern Slavery Statement outlines our efforts to prevent and address the risks of modern slavery and human trafficking within our operations and supply chains.
Our Commitment
Policy Implementation
We have implemented a Modern Slavery Policy that reflects our commitment to preventing modern slavery and human trafficking in all our business activities.
Awareness and Training
Our team members are educated on the risks of modern slavery and human trafficking, enabling them to identify and report any concerns.
Supplier Due Diligence
We conduct due diligence on our suppliers to assess and address the risk of modern slavery within our supply chains. This includes reviewing their policies, practices, and commitment to ethical and fair labor practices.
Contractual Protections
Our supplier contracts include provisions that require compliance with applicable anti-slavery and human trafficking laws.
Our Supply Chains
The CBD Fact recognizes that the risk of modern slavery exists not only within our organization but also in the broader supply chains. Our primary areas of focus include the sourcing of CBD products, marketing materials, and technology services.
Steps Taken
Supplier Engagement
We engage with our suppliers to ensure they share our commitment to ethical business practices, including the prohibition of modern slavery.
Risk Assessment
We regularly assess the risk of modern slavery within our supply chains, taking into consideration the nature of our products and services.
Continuous Improvement
We continuously work towards improving our processes and collaborating with suppliers to mitigate the risk of modern slavery. This includes periodic reviews of our supply chain practices.
Reporting and Accountability
- Internal Reporting: Our employees are encouraged to report any concerns related to modern slavery through our internal reporting mechanisms.
- Accountability: The CBD Fact’s leadership team is accountable for ensuring that our policies and practices are effective in preventing modern slavery within our organization and supply chains.
Future Steps
We are committed to ongoing efforts to combat modern slavery, and in the coming year, we plan to:
Enhance Due Diligence
Strengthen our due diligence processes to further assess and mitigate the risk of modern slavery within our supply chains.
Education and Training
Provide additional education and training to our employees and suppliers to increase awareness and understanding of modern slavery risks.
Collaboration
Collaborate with industry partners, organizations, and stakeholders to share best practices and collectively address the challenges associated with modern slavery.
Review
This statement will be reviewed annually and updated as necessary to reflect our ongoing commitment to preventing modern slavery and human trafficking.
Contact Us
If you have any questions or concerns about our Modern Slavery Statement, please contact us at [email protected].
Thank you for your interest in our commitment to ethical and responsible business practices at The CBD Fact.