Modern Slavery Agreement
Energx Renewables Exchange commits to eradicating modern slavery and ensuring ethical practices throughout our renewable energy operations and supply chains.
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Our Commitment to Eradicating Modern Slavery
Energx Renewables Exchange ("Energx") is committed to upholding human rights and preventing all forms of modern slavery and human trafficking within our business and supply chains.
We recognize the heightened risks of forced labor and exploitation in renewable energy supply chains, especially in mineral sourcing and manufacturing.
This agreement aligns with international standards including the UK Modern Slavery Act 2015, UN Guiding Principles on Business and Human Rights, and the International Labour Organization conventions.
Scope and Applicability
Global Coverage
All Energx employees, contractors, suppliers, partners, and subcontractors worldwide
Full Operations
Procurement, development, construction, and maintenance of renewable energy assets
Extended Supply Chain
Suppliers must ensure compliance throughout their own supply chains and subcontractors
Definitions and Key Concepts
1
Modern Slavery
Includes forced labor, human trafficking, servitude, bonded labor, and any work extracted under coercion or without consent.
2
Forced Labor Risks
Mining of cobalt, lithium, polysilicon; manufacturing of solar panels, turbines, batteries; vulnerable migrant labor in high-risk regions.
3
Due Diligence
Ongoing risk assessments, audits, and monitoring to identify and mitigate slavery risks throughout operations.
Our Commitments and Principles
Zero Tolerance
Absolute prohibition of modern slavery or human trafficking in our operations and supply chains.
Ethical Conduct
Commitment to transparency, continuous improvement, and responsible business practices.
Workers' Rights
Respect for fair wages, safe conditions, freedom of association, and non-discrimination.
Reporting Support
Support for whistleblowing and confidential reporting mechanisms to identify violations.
Supplier Obligations and Expectations
1
Policy Requirements
Maintain anti-modern slavery policies consistent with Energx's standards
2
Supply Chain Disclosure
Mandatory disclosure of practices, including subcontractors and sourcing origins
3
Due Diligence Participation
Engage in Energx's risk assessments and audit processes
Immediate remediation and corrective action required for violations. Energx reserves the right to terminate contracts for non-compliance.
Due Diligence and Risk Management
01
Risk Assessment
Comprehensive evaluation focusing on high-risk materials and regions like Xinjiang polysilicon and DRC cobalt mining
02
Third-Party Verification
Use of audits, certifications, and "certificate of origin" schemes to verify ethical sourcing practices
03
Ongoing Monitoring
Regular supplier evaluations and performance monitoring against key human rights indicators
04
Industry Collaboration
Partnership with industry initiatives and NGOs to strengthen supply chain transparency
Training, Awareness, and Reporting
Training Programs
Comprehensive training for Energx staff and suppliers on modern slavery risks and compliance requirements
Reporting Channels
Accessible, confidential channels for reporting concerns or violations with prompt investigation
Public Disclosure
Annual Modern Slavery Statement documenting progress and compliance achievements
Governance and Accountability
1
Board Oversight
Board-level oversight of modern slavery risk management and strategic direction
2
Compliance Officer
Dedicated Modern Slavery Compliance Officer appointed for specialized oversight and coordination
3
Integrated Framework
Integration into corporate governance and sustainability frameworks with regular policy updates
Partnering for a Slavery-Free Renewable Future
Energx Renewables Exchange pledges to lead by example in combating modern slavery within the renewable energy sector. We call on all partners and suppliers to join us in this vital mission.
Together, we can power a sustainable future free from exploitation and injustice.