Aventum Group Limited Modern Slavery Statement 2024
This statement is made pursuant to section 54 of the Modern Slavery Act 2015. It applies to the operating companies of Aventum Group Limited (‘Aventum’) and its operations in the United Kingdom and to all persons who work for or on behalf of Aventum in respect of such operations.
Aventum has zero-tolerance to modern slavery and is committed to acting ethically and with integrity in all of its business dealings and relationships and to implementing and enforcing effective systems and controls to ensure modern slavery is not taking place anywhere in our own business or in any of our supply chains.
The statement covers the period for the financial year ending 30 June 2023 and describes Aventum’s present and ongoing commitment to prevent modern slavery and human trafficking from taking place in Aventum supply chains and business.
Background
Aventum is a (re)insurance group that operates across both the underwriting and broking sectors. Aventum is registered in the United Kingdom and employs over 450 people the majority of whom are based in the United Kingdom and it transacts with customers on a worldwide basis.
Aventum does not operate in a sector where modern slavery is prevalent and has not identified any modern slavery concerns.
Our policies on slavery and human trafficking
Aventum has appropriate policies in place that underpin its commitment to ensure that there is no modern slavery or human trafficking in its supply chains or in any part of its business.
The Aventum Anti-Slavery Policy reflects the firms commitment to acting ethically and with integrity in all of its business relationships and to implementing and enforcing effective systems and controls to ensure slavery and human trafficking is not taking place anywhere in our supply chains.
Due diligence processes for slavery and human trafficking
Aventum has arrangements in place to:
Identify and assess potential risk areas in supply chains.
Mitigate the risk of slavery and human trafficking occurring in its supply chains.
Monitor potential risk areas in its supply chains.
Provide protection to whistleblowers.
Supplier adherence to our values
Aventum has zero tolerance to slavery and human trafficking and expects its suppliers to manage their business and supply chain in a manner that respects human rights as set out in the International Bill of Human Rights and the UN Guiding Principles on Business and Human Rights
Aventum undertakes due diligence over its supply chain to assess its potential suppliers and ensure that all of those in the chain and contractors comply with the Aventum expectations.
Training
Aventum provides training to its staff to ensure a high level of understanding and awareness of the risks of modern slavery and human trafficking in supply chains and how it could potentially apply to the Aventum business.
Approval
This statement has been approved by the Board on 16th April 2024. This statement is reviewed and updated annually.