Foreword
HYSapientia is dedicated to preventing modern slavery and human trafficking in all of its business operations and supply chains. This statement outlines the measures we have taken to comply with the Modern Slavery Act 2015.
Company Overview
HYSapientia, a subsidiary of Ningbo Haoyue Intelligent Technology Co., Ltd., is a leading brand specializing in kitchen appliances and operates globally.
Our Commitment
Our mission is to bring more comfortable, intelligent, and green living to people. We strive to ensure the safety, well-being, and human rights of all individuals in our supply chain. We expect our business operations, employees, and every company we work with to adhere to ethical and legal standards. We are committed to respecting and promoting human rights in the production process, maintaining a zero-tolerance policy towards slavery and human trafficking, and requiring all business partners to respect the human rights and ethical business practices of all workers in the supply chain.
Policy Statement
We have established and publicized a policy statement to prevent modern slavery, ensuring transparency and accountability.
Due Diligence
We conduct stringent due diligence on our supply chain to assess and identify potential risks of modern slavery, and we take preventive and mitigative measures. We regularly review and evaluate our suppliers to ensure they comply with our ethical standards and legal requirements.
Employee Training
We provide training on modern slavery and human trafficking to all employees, making them aware of related risks and enabling them to identify and report suspicious activities. Employees involved in procurement, supply chain management, and human resources receive in-depth training.
Whistleblowing Mechanism
We have established a safe and confidential whistleblowing mechanism that encourages employees and stakeholders to report any suspected modern slavery practices. We ensure that whistleblowers do not face any form of retaliation for their reports.
Contract Terms
We include anti-modern slavery clauses in all contracts with suppliers, contractors, and business partners, ensuring their compliance with relevant laws and standards, and agreeing to our regular review and audit processes.
Risk Assessment
We continuously conduct risk assessments to identify and monitor high-risk areas in the supply chain. Through risk assessments, we can better formulate and adjust policies to ensure the full protection of workers in the supply chain.
Collaboration and Audits
We collaborate with industry experts and NGOs to adopt best practices in preventing modern slavery. We regularly audit internal and external processes to ensure our preventive measures and policies are up-to-date and effective.
Stakeholder Engagement
We actively communicate with suppliers, customers, and other stakeholders to collectively work towards eliminating modern slavery. We regularly hold meetings and seminars to share information and improvement measures.
Annual Report
We publish an annual modern slavery statement covering our organizational structure, supply chain, policies, due diligence activities, employee training, whistleblowing mechanisms, contract terms, and future plans. This statement showcases our ongoing efforts and progress in preventing modern slavery.
Continuous Improvement
We are committed to regularly reviewing and updating our policies and procedures to ensure their effectiveness and compliance. We continuously monitor and evaluate the implementation of modern slavery prevention measures and make improvements as needed.
Approval
This statement has been approved by the board of HYSapientia and will be reviewed and updated annually. Ji Wang General Manager, HYSapientia For and on behalf of Ningbo Haoyue Intelligent Technology Co., Ltd. Dated: 10 June 2024
