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Modern Slavery Act

Neon Velo Limited

Modern Slavery Statement 2018

This statement is made in accordance with the Modern Slavery Act 2015.

At Neon Velo, we are committed to helping others unlock their full potential and exceed their life goals. The Neon Velo vision is simple. Be the best and do so ethically. Therefore, we have adopted practices and policies, that aim to both combat and prevent modern slavery and human trafficking in business and supply chains.

About Us

Neon Velo are a rapidly growing performance apparel brand involved in the design, manufacturing and sales of cycling apparel and accessories. We have a dedicated and expanding workforce of talented, ethically responsible creatives, that possess substantial experience in cycling, manufacturing, sales, e-commerce and design. At a structural level, the business is organised into various functions that are devoted to pioneering innovative design, creating amazing products and providing an unbeatable customer experience.

The Performance Apparel Function oversees the design, sourcing and development of our products, whilst Brand is responsible for branding, acquisition of customers and our subsequent consumer relationship. The Commercial Function handles buying, trading and supply chains, whilst Operations manages our IT, finance and customer insight duties. The People Function sources and nurtures talent and looks after our employees, whilst our Legal function handles contracts, our intellectual property and other legal aspects concerning the business. The Special Projects team work closely with our own athletes, brand ambassadors, designers and manufactures. They are always planning ahead and always innovation focused.

We have a zero-tolerance approach to modern slavery, which starts from the top of our organisation with the Directors and underscores everything we do from sourcing materials to making those all-important product deliveries.

Policies and Contractual Controls

All of our products are manufactured by independent contractors. To ensure that all those in our supply chain adhere to our values, product suppliers are required to comply with our Supplier Manual. This manual stipulates a mandatory code of conduct in relation to treatment of their personnel.

This includes the prohibition of forced labour, provision of good working conditions, fair treatment, reasonable rates of pay and working hours, prevention of discrimination, health and safety training and compliance.

New suppliers of goods are subject to audits. Provisions are in place in contracts with both new and existing suppliers of goods and relevant services that allow us to audit compliance with our anti-slavery provisions. Audit follow-up actions are encouraged in order to assist our suppliers with improving conditions.

We pride ourselves on the positive work environment we create and are dedicated to ensuring that all our employees are able to fulfil their potential in an enjoyable workspace. Provisions in our employment contracts prohibit conduct which is discriminatory or considered bullying.

There exists a Work policy against discrimination and harassment, and a Grievance policy through which our staff are expected to help in avoiding inappropriate behaviour. This can be accomplished through employees reporting concerns, to which our management are then expected to act on, investigate and remedy their findings.

Training

Our Anti-Slavery Policy, signed off by our Board of Directors, reflects our intent to act ethically and with integrity in all business relationships. This includes the implementation and enforcing of effective systems to assess the risks and ultimately, to eliminate slavery and human trafficking in our supply chain network.

We understand that modern slavery is not a static aspect of business. We have a dedicated compliance process to monitor risk and review controls within the business. This process is managed by personnel from the sourcing team in our Apparel function, the Legal function, the Buying, Trading and Supply Chain teams and our Head of Special Projects.

In order to ensure a high level of understanding of the risks of modern slavery and human trafficking in our business, we of course provide training to our staff.

To best assess the effectiveness of the measures we are taking, we will be reviewing the following key performance indicators and reporting on them in future modern slavery statements:

Staff training levels

Steps taken to improve supply chain due diligence checks, audits and follow up procedures

Action taken to measure our suppliers’ compliance with our Code of Conduct, to remedy any shortcomings.

Results of any investigations into reports of modern slavery or human trafficking and remedial actions taken

We intend to progressively raise expectations of our product suppliers by evolving the standards in our Code of Conduct.

 

Neon Velo Limited

10th January 2019