Euclid Innovations is committed to promoting ethical business practices and upholding human rights. We recognize the existence and detrimental impact of modern slavery and human trafficking in today’s global supply chains. This Modern Slavery Policy outlines our zero-tolerance approach to modern slavery and our commitment to eradicating it from our operations and supply chain.

Policy Statement:

Prohibition of Modern Slavery:
a. Euclid Innovations strictly prohibits all forms of modern slavery, including forced labor, human trafficking, debt bondage, and any other forms of exploitation.
b. We are committed to ensuring that all individuals within our organization and our supply chain are treated with respect, dignity, and fairness.

Compliance with Laws and Regulations:
a. We comply with all applicable laws and regulations related to modern slavery, human trafficking, and labor standards, including but not limited to the Modern Slavery Act 2015 and other international frameworks.
b. We expect our suppliers, contractors, and business partners to adhere to the same standards and demonstrate their commitment to combating modern slavery.

Due Diligence:
a. We conduct risk assessments to identify and evaluate areas within our operations and supply chain where modern slavery may exist or be at risk of occurring.
b. We prioritize suppliers and business partners who share our commitment to ethical conduct and demonstrate effective measures to combat modern slavery.
c. We encourage transparency and collaboration with suppliers and business partners to address and mitigate modern slavery risks.

Supplier Engagement and Verification:
a. We engage with our suppliers to raise awareness of our zero-tolerance policy towards modern slavery and communicate our expectations.
b. We implement robust supplier verification processes to assess their compliance with ethical standards, including the prohibition of modern slavery.
c. We work with suppliers to promote responsible sourcing practices, ensuring that they uphold labor rights and provide fair working conditions.

Training and Awareness:
a. We provide training and resources to our employees and key stakeholders to raise awareness of modern slavery, its indicators, and the appropriate response mechanisms.
b. We encourage our employees to report any suspicions or concerns regarding modern slavery through our confidential reporting channels.

Continuous Improvement:
a. We strive for continuous improvement in our efforts to combat modern slavery.
b. We regularly review and enhance our policies, procedures, and controls to address emerging risks and best practices related to modern slavery.

Collaboration and Reporting:
a. We collaborate with relevant stakeholders, industry groups, and organizations to share knowledge, best practices, and collaborate on initiatives to combat modern slavery.
b. We report on our progress and initiatives related to modern slavery through public disclosures and other appropriate channels.

Conclusion:

Euclid Innovations is committed to preventing and eradicating modern slavery in all its forms. We acknowledge our responsibility to ensure that our operations and supply chain are free from any practices that exploit or harm individuals. Through our policies, due diligence, supplier engagement, and continuous improvement efforts, we aim to make a positive impact in the fight against modern slavery.

Last updated: June 8, 2023