Modern Slavery Policy
Growth Studio – Financial Year 2024-2025
Introduction
Growth Studio is committed to preventing modern slavery and human trafficking in all aspects of our business and supply chain. We fully support the principles outlined in the Modern Slavery Act 2015 and take our responsibility seriously to ensure ethical practices across our operations.
Our Business
Growth Studio is a UK-based accelerator that helps startups and corporates drive innovation and sustainability. While we do not have complex supply chains, we recognise our responsibility to uphold human rights in our business partnerships, procurement processes, and investment practices.
Our Approach to Modern Slavery Prevention
We are committed to taking proactive steps to prevent any form of forced labour, human trafficking, or exploitation within our organisation and supply chain. Our approach includes:
- Due Diligence: We conduct assessments of our suppliers and partners to ensure compliance with ethical standards.
- Supplier Code of Conduct: We expect our suppliers and partners to uphold high ethical standards and will not work with businesses that fail to meet legal and moral obligations.
- Staff Awareness & Training: We provide guidance to our employees to help them recognise and report any concerns related to modern slavery.
- Whistleblowing Policy: We encourage employees, contractors, and third parties to report any suspected unethical or illegal practices in confidence.
Risk Assessment & Accountability
As an accelerator working closely with startups and corporates, we assess potential risks of modern slavery within our partnerships and procurement processes. We will not knowingly engage with any organisation that fails to comply with anti-slavery laws.
Future Steps
Growth Studio is committed to continuously improving our approach to tackling modern slavery. Over the next year, we will:
- Strengthen our supplier vetting process.
- Enhance awareness training for staff.
- Regularly review and update our policies to align with best practices.
Approval & Review
This statement is made in accordance with Section 54(1) of the Modern Slavery Act 2015 and constitutes Growth Studio’s modern slavery and human trafficking statement for the financial year 2024-2025.
This statement has been approved by Paul Finch, Co-Founder and will be reviewed annually.
Date of Approval:30th September 2024