Modern Slavery Statement

Our business is based on ethical and honest principles, respecting human rights and the environment. We want our staff and the suppliers who work with us to have the same values and uphold the same high standards.

We uphold the human rights of our employees in the work environment. We do not accept any form of slavery or human trafficking and we behave morally in all of our business transactions and interactions.

We believe that there is no slavery or human trafficking in any part of our own business. As an employer we are dedicated to paying a fair wage and offering good working conditions, ensuring a healthy and safe work environment, supporting the growth and respect of individual employees; and are against discrimination at work.

What we do and how we are organised

Waymade plc is an organisation that is privately owned. Our main activity is providing pharmaceutical products in the UK and abroad.

We have licences and regulations from the Home Office and the Medicines and Healthcare Products Regulatory Agency (MHRA) in the UK.

We buy medicines and other products and services from third party suppliers around the world and work with third party suppliers who share our high ethical standards and who act in a responsible and ethical way towards their workers and suppliers. Most of our suppliers are from India and Europe.

We select our suppliers carefully. As part of our programme to ensure that our supply chain is and remains free of modern slavery and human trafficking, we have informed all our direct suppliers of our standards in relation to the prohibition of modern slavery. We have also added an anti-slavery and anti-human trafficking compliance clause that is included in all our new contracts and contract renewals with third party suppliers.

We recognise the importance of the Modern Slavery Act 2015 for our supply chain, and we will improve our due diligence regarding modern slavery and human trafficking, taking a reasonable approach that matches the existing risks. We are aware of the increased risk of modern slavery in some countries of the world, including India, and we will develop our due diligence and assessment processes to deal with those increased risks appropriately.

Our management has and will maintain a strict policy against modern slavery and human trafficking and will act accordingly to any detected violation by our staff or by our suppliers.

We acknowledge that preventing modern slavery and human trafficking in our business and supply chain requires constant oversight and a proper response if issues are found.

We are working on creating a Supplier Code of Conduct and a Corporate Social Responsibility policy that will reflect our commitment to expected working values and high ethical standards. Both of these policies will have clauses related to modern slavery and human trafficking.

As part of our staff training programme, we will develop the policies mentioned above, which will emphasise the standards of conduct we expect from our staff.

We understand that modern slavery and human trafficking pose varying and dynamic risks. We also understand that effective ways to detect and tackle modern slavery and human trafficking will be improved and updated. We will keep track of and assess such improvements and our strategy to prevent modern slavery will be revised yearly so we can adjust and enhance our strategy.

This is a statement about slavery and human trafficking that we made according to s.54 of the Modern Slavery Act 2015 for the financial year that ends on 31 December 2023. It shows the actions that Waymade plc has done and is doing to stop slavery and human trafficking in our own business and in our supply chain.

The Board of Directors of Waymade plc authorised and endorsed this statement, and it was signed on their behalf, on Wednesday, 26 March 2024.