Modern Slavery Statement
Last Updated: March 12, 2024
Introduction
At Plaude, we uphold the highest standards of ethics and responsibility in all aspects of our operations. This Modern Slavery Statement underscores our unwavering commitment to preventing modern slavery and human trafficking in our business activities and supply chains, reflecting our adherence to the principles of ethical business conduct.
Our Business:
Plaude is a fintech company specializing in innovative financial transaction solutions. We operate primarily in the United States, focusing on providing efficient, secure, and accessible financial services to a diverse range of customers.
Our Policies on Slavery and Human Trafficking:
Plaude is dedicated to ensuring that there is no modern slavery or human trafficking in any part of our business or supply chains. Our Anti-slavery and Human Trafficking Policy are a testament to our commitment to ethical business practices and human rights.
Due Diligence Processes for Slavery and Human Trafficking
To mitigate risks, Plaude has implemented the following:
- Comprehensive risk assessments in our supply chains.
- Regular audits and reviews of our suppliers and partners.
- Strict vetting procedures for all new suppliers.
- Reporting of unethical conduct through whistleblower policy.
Supplier Adherence to Our Values:
We have a zero-tolerance approach to slavery and human trafficking and expect all our suppliers and contractors to uphold our ethical standards. Compliance with these standards is a prerequisite for any business partnership with Plaude.
Training:
We provide targeted training to our employees to ensure they understand the risks of modern slavery and human trafficking in our supply chains and business and are equipped to identify and report potential breaches of our policies.
Our Effectiveness in Combating Slavery and Human Trafficking is measured by:
a. The number of suppliers audited annually.
b. Employee participation in anti-slavery and human trafficking training.
c. Investigations conducted in response to reported concerns.
Further Actions:
Plaude is committed to continuously reviewing and enhancing our practices to ensure we effectively combat modern slavery and human trafficking.
This statement is made under the relevant provisions of the United States’ laws and regulations concerning modern slavery and human trafficking and constitutes our company’s statement for the financial year ending 2023.
