Slavery and human trafficking policy statement
Financial year 2023/2024
This statement is made pursuant to section 54(1) of the Modern Slavery Act 2015 and constitutes McLaren Property Group’s slavery and human trafficking statement for the financial year ending 31 July 2024, setting out the steps the group has taken to ensure that slavery and human trafficking is not taking place in our supply chain nor in any part of our business.
Introduction
Slavery and forced labour can take many forms, including human trafficking or child labour.
Given our links to the construction industry, McLaren Property Group recognises that it has a responsibility to take a robust approach to preventing slavery and human trafficking. We take the issue of modern slavery extremely seriously and this statement sets out the actions we have taken to understand the potential risks in this area and ensure that unfair working practices have no place in our business, our supplier chain nor any other companies we work with.
Organisational Structure
This policy applies to McLaren Property Group which comprises McLaren Property Holdco Limited and all subsidiary companies (together the “Company”).
McLaren Property Group operates in, property investment and development, in the UK. It has permanent offices in London and Leeds.
Our Policies on Slavery and Human Trafficking
The Company is committed to acting ethically and with integrity in all our business relationships and to implement and enforce effective systems and controls to, as far as practical, ensure slavery and human trafficking is not taking place anywhere in the company or our supply chain. We comply with all legislation – importantly the Immigration Act 2015 – to ensure we prevent any illegal working.
Our Business
McLaren Property Group is a leading UK property developer focused on student accommodation and build-to-rent property. In order to acquire sites and develop properties we work with a range of suppliers including construction contractors, trade services and professional services.
UK Supply Chain Due Diligence Processes
- We expect our supply chain to uphold the highest professional standards and have suitable anti-slavery and human trafficking policies and processes in line with the Modern Slavery Act 2015.
- We only appoint reputable third parties to work with us and we monitor their performance to ensure compliance with all statutory and regulatory requirements.
- We impose stringent requirements on our suppliers in terms of business ethics and sustainability.
- We expect each entity in the supply chain to carry out due diligence on the next link in the chain, taking ownership for this to ensure compliance. It is not practical for the Company (and every other participant in the chain) to have a direct relationship with all links in the supply chain.
Training
To ensure a high level of understanding of the risks of modern slavery and human trafficking in our supply chain and our business, we provide training to all employees. All directors have been briefed on the subject.
The Board of Directors delegates the approval of this statement on its behalf to the CEO of the company.
For and on behalf of McLaren Property Group