Introduction
This statement is the Modern Slavery Statement (the “Statement”) of Downforce Technologies Limited (Downforce). This Statement has been produced in accordance with Australia’s Modern Slavery Act (2018) and the United Kingdom’s Modern Slavery Act (2015). This Statement outlines the steps Downforce has taken to identify and develop a strategy designed to better manage its exposure and ensure continuous improvement of the risks of modern slavery to its supply chain and business operations.
Downforce requires ethical and transparent labour practices and, consistent with these principles, takes a zero-tolerance approach to any form of modern slavery including child labour.
This Statement has been reviewed by the Board and a copy of the Statement is accessible to both the public and all consultants, officers, directors and employees of Downforce via the Company’s website (https://downforce.tech).
Downforce Business and Modern Slavery Risks
Downforce recognises that modern slavery is a significant worldwide problem. Downforce is committed to ethical and law-abiding workplace practices and business dealings, both internally and with our suppliers, vendors and partners. Valid authorization to work is required for all new hires onboarding in UK and Australia. To the extent that we should ever become aware of fabricated, fraudulent, or falsified work authorization documentation we would take appropriate measures up to and including notifying proper authorities.
Downforce requires all its employees and staff to practice ethical business practices and comply with applicable laws. Employees and staff are also provided guidance for escalating grievances and complaints through appropriate channels without fear of retaliation. Downforce will not retaliate against anyone who reports activities believed to be illegal, dishonest, unethical or otherwise improper. Anyone who is concerned about any improper behaviour is directed to report such activity to their line manager, or the Chief Executive Officer, or a Board director.
When engaging with suppliers and vendors, Downforce seeks to work with ethical and law-abiding companies and, to this end, Downforce where practicable requests contractual commitments from our suppliers and vendors to comply with all applicable laws, including any and all applicable anti-forced labor, anti-slavery, anti-discrimination and anti-harassment laws.
Based on our business model, Downforce believes that our risk to modern slavery is limited, because Downforce does not have intricate supply chains, multiple contractor or subcontractor levels, or vendor relationships with large manufacturing businesses where modern slavery has been found to be an issue. In addition, the systems and methods that we use to contract with suppliers are managed centrally.
However, Downforce recognizes that all businesses have a risk of modern slavery – even if that risk lies in non-strategic sourcing categories or further down the supply chain.