Modern Slavery Statement

 

Introduction

This statement is made in accordance with section 54(1) of the Modern Slavery Act 2015. YLEM Group Limited and its subsidiaries satisfied the criteria set out in section 54 of the Act and as such now publish a Modern Slavery statement for each year.
Therefore, this statement constitutes YLEM Group Limited’s (and its subsidiaries’) slavery and human trafficking statement for the financial year ending 31 March 2024.

Organisation Structure and Supply Chains

YLEM Group Limited (YGL) is a Holding Company with a number of subsidiary companies.
YLEM Energy Limited (YEL), a subsidiary business of YGL is a UK based, industry leader in energy generation solutions producing power exported to the national grid or helping large businesses reduce energy costs and achieve net zero targets whilst increasing long-term energy security. YEL specialises in designing, building, operating and maintaining reliable systems, at no cost to its customers’ businesses. YEL’s expertise in energy generation solutions includes hydrogen-ready gas generation, battery storage and solar PV. YEL solutions are all self-funded, owned and operated in house.

Policies in relation to slavery and human trafficking

YLEM Group Limited has zero tolerance towards Modern Day Slavery. This extends to all YLEM companies’ business dealings and transactions in all countries in which it and its associates operate.
We are committed to ensuring there is transparency in our own business and approach to tackling modern slavery throughout our supply chains. We expect the same high standards from all our contractors, suppliers and other business partners.
The prevention, detection and reporting of modern slavery in any part of our business or supply chain is the responsibility of all those working for the Group or on its behalf. Workers must not engage in, facilitate or fail to report any activity that might lead to, or suggest, a breach of this policy.
In order to support the above statements we have the below policies in place:
– Modern Slavery policy details our zero-tolerance approach to slavery and human trafficking both within our business and our suppliers’ businesses.
– Public Interest Disclosure Policy details how our individuals can raise concerns about something happening in work.
– Anti Bribery Procedures details our zero-tolerance approach to Bribery and Corruption.

Due Diligence process

All our suppliers and contractors complete our Contractor Competency Questionnaire and in particular we ask whether they have a Modern Slavery Policy or Statement. If they do not have one, we ask whether they agree to comply with our Modern Slavery Statement. We will not do business with any Company that refuses to abide by our zero-tolerance stance towards Modern Slavery.

Key performance indicators to measure effectiveness of steps being taken

We currently do not have any KPIs in place, however the Contractor Competency Questionnaire is reissued annually with the option for us to check any contractor and their policies and procedures should we have concerns. We feel that this together with our resolve not to work with any businesses that refuse to abide by our zero-tolerance stance is sufficient.

Awareness and Training on Modern Slavery and Trafficking

All training programmes are implemented at subsidiary level and each subsidiary is responsible for determining the specific courses that would be considered appropriate for their area.
In 2023, all our current UK employees and Directors completed mandatory training on Modern Slavery. This training will be completed on an annual basis going forwards. All new starters are required to carry out this training within their first month of employment.

Board Approval

This statement was approved by the YLEM Group Board at the virtual meeting held at 10.00am on the 8th November 2024.

 

Ian Gadsby                                                      08/11/24

Managing Director