Modern Slavery

Although Petra Asia is not required to make a modern slavery statement under section 54 of the UK Modern Slavery Act 2022 or section 16 of the Australia Modern Slavery Act 2018, we are making a voluntary modern slavery and human trafficking statement to show our commitment to ethical principles and to set out the steps we are taking to tackle modern slavery and human trafficking in our business and in our supply chains.

Group structure

Petra Asia is a privately owned group with subsidiaries and affiliates operating internationally.

Supply chain relationships

We are committed to conducting business responsibly and ethically and to ensuring that all aspects of our business practices, including our supply chains, are free from any form of slavery. We reject any and all forms of modern slavery which can take the form of unpaid or underpaid servitude, human trafficking and forced labour. We are committed to implementing effective systems and controls to ensure that it does not take place within our own business or through any of our supply chains.

Our approach to combating modern slavery

We are absolutely committed to conducting business in a responsible and ethical manner. We take a zero-tolerance approach to modern slavery, and we expect the same high standards and commitment from those we do business with. We consider the risk of modern slavery existing within our business to be low, and we have never identified any examples of modern slavery within our business or supply chain, including within the last twelve months.

We have implemented a number of internal policies and procedures with the aim of ensuring that effective systems and controls are in place to prevent slavery and human trafficking from occurring in any part of our business. We promote a culture of integrity, and have established principles for how we deal with our clients, employees and the public. These include the values and rules set out in our policies, which seek to foster a safe, healthy and productive workplace, and to maintain accountability at all levels of the organisation. Employees are encouraged to report any compliance concerns they may have to management.

We always take a risk-based approach to our assessment of partners and suppliers. As our arrangements with suppliers come up for renewal, we will endeavour to include obligations in our commercial agreements requiring suppliers (and their sub-contractors) to comply with the Act. We will also endeavour to reserve audit and termination rights in our supplier agreements, for situations in which we have reasonable evidence to suggest that a supplier is in breach of the Act.

Awareness and training

We provide clear guidance to all employees regarding the high standards of professional behaviour we expect. Copies of these policies are given to new joiners, and we offer periodic training to our staff. We will continue to review and update these policies and procedures annually.

This policy was last updated on 30 November 2022.