Storage Bankside Modern Slavery Statement
This Modern Slavery Statement is made by Storage Bankside in relation to our financial year ending 31 December and sets out the steps we are taking to prevent modern slavery and human trafficking in our business operations and supply chains. Storage Bankside is committed to acting ethically and with integrity in all our relationships and to implementing effective systems and controls to safeguard people from exploitation.
Our Zero-Tolerance Approach
Storage Bankside operates a clear and unequivocal zero-tolerance policy towards modern slavery and human trafficking in all forms, including forced labour, debt bondage, child labour, servitude, and exploitation. We will not knowingly work with any organisation or individual involved in modern slavery. This commitment applies to all employees, contractors, agency workers, and suppliers who provide goods and services to Storage Bankside.
We expect everyone who works with or for Storage Bankside to uphold this position and to ensure that their own operations and supply chains are free from modern slavery. Any breach of this policy will be treated as a serious matter and may result in termination of contracts or other appropriate actions.
Our Business and Supply Chains
Storage Bankside provides storage and related services and works with a range of suppliers, including facilities management providers, maintenance contractors, equipment manufacturers, security services, and other professional service providers. While many of our suppliers operate in low-risk sectors and jurisdictions, we recognise that risks can exist in any supply chain, particularly where subcontracting, low-paid work, or cross-border labour is involved.
We are committed to understanding and addressing the potential risks of modern slavery within the sectors and geographies in which our suppliers operate.
Due Diligence and Supplier Audits
Storage Bankside applies a risk-based approach to assessing suppliers. As part of our supplier onboarding and ongoing management, we may carry out due diligence designed to identify and mitigate the risk of modern slavery. This may include gathering information on ownership, employment practices, sourcing locations, and use of subcontractors.
Where we identify higher-risk suppliers or categories, we may conduct more detailed assessments, request specific assurances regarding labour standards, and undertake periodic audits or inspections. Supplier audits may be carried out directly by Storage Bankside or by suitably qualified third parties. If a supplier is unable or unwilling to demonstrate adequate safeguards against modern slavery, we may suspend or cease the business relationship.
Policies, Training, and Employee Awareness
Our internal policies, including those relating to ethical conduct, recruitment, and whistleblowing, support our stance against modern slavery. We aim to ensure that recruitment practices are fair, transparent, and compliant with applicable labour laws, and that employment is always freely chosen.
We work to build awareness among relevant employees about the signs of modern slavery and the actions they should take if they suspect any form of exploitation. Training and guidance are provided to teams involved in procurement, facilities management, and supplier engagement, so that risk indicators are properly recognised and escalated.
Reporting Channels and Escalation
Storage Bankside encourages employees, workers, suppliers, and other stakeholders to raise concerns about modern slavery or human rights abuses without fear of retaliation. Concerns can be reported to line managers, senior management, or through designated internal reporting channels, including our whistleblowing mechanism.
All reports will be treated seriously and, where appropriate, investigated promptly and confidentially. Where credible concerns are identified, we will take proportionate and timely action, which may include working with suppliers to remedy issues, escalating matters to relevant authorities, or terminating business relationships where necessary.
Monitoring, Governance, and Annual Review
Responsibility for overseeing Storage Bankside efforts to prevent modern slavery rests with senior management, who review progress and ensure that this Statement and related procedures remain appropriate and effective. We monitor key risk areas, including higher-risk suppliers, labour-intensive activities, and regions where regulatory protections may be weaker.
This Modern Slavery Statement is reviewed at least annually and updated to reflect changes in our business, evolving legislation, and emerging good practice. Storage Bankside is committed to continuous improvement and to strengthening our approach over time, so that we play an active role in promoting dignity, fairness, and respect for all individuals connected to our operations and supply chains.
