Modern Slavery Statement

Moksyz Modern Slavery Statement 2024

This statement is made by Moksyz pursuant to Section 54 of the UK Modern Slavery Act 2015 and outlines the measures taken by Moksyz to prevent modern slavery and human trafficking within its business operations and supply chains for the financial year ending 31 December 2024.

Our Commitment

At Moksyz, we are committed to conducting business ethically, responsibly, and transparently. We believe that everyone in our supply chain deserves to be treated with dignity and respect. We oppose all forms of modern slavery, including forced labor, child labor, and human trafficking, and are dedicated to ensuring that these practices have no place in our operations or supplier network.

Our Business and Supply Chain

Moksyz is a premium fashion and lifestyle brand that collaborates with designers, manufacturers, and suppliers worldwide. Our supply chain includes the sourcing of raw materials, production, distribution, and partnerships with retailers and influencers. Given the global nature of our business, we recognize the potential risks of modern slavery within complex supply chains and take proactive steps to mitigate these risks.

Policies and Governance

To reinforce our commitment to ethical business practices, we have established policies that reflect our stance against modern slavery:

  • Code of Conduct: All employees, partners, and suppliers must adhere to our strict Code of Conduct, which prohibits forced labor, child labor, and human trafficking.

  • Supplier Code of Ethics: Suppliers are required to comply with ethical sourcing and fair labor practices, including ensuring safe working conditions, fair wages, and no exploitation.

  • Whistleblowing Policy: We encourage employees, suppliers, and partners to report any concerns related to unethical or unlawful practices through our confidential reporting channels.

Due Diligence and Risk Assessment

Moksyz conducts risk assessments to identify potential vulnerabilities in our supply chain. Our due diligence process includes:

  • Conducting audits and assessments of high-risk suppliers.

  • Engaging with third-party certification bodies to verify compliance with labor standards.

  • Requiring all suppliers to agree to our Supplier Code of Ethics as part of our contracting process.

  • Monitoring and evaluating working conditions through direct engagement with manufacturers and workers.

Training and Awareness

We provide ongoing training to employees and key stakeholders to ensure awareness of modern slavery risks. Our training initiatives include:

  • Educating employees on recognizing and reporting signs of modern slavery.

  • Partnering with industry experts and organizations to improve our approach to ethical labor practices.

  • Strengthening supplier awareness of their responsibilities through workshops and guidance materials.

Continuous Improvement and Future Commitments

Moksyz is committed to continuously improving our efforts to combat modern slavery. Our future initiatives include:

  • Expanding supplier audits and transparency reporting.

  • Enhancing traceability in our supply chain by collaborating with ethical sourcing organizations.

  • Strengthening partnerships with NGOs and advocacy groups to drive industry-wide change.

  • Regularly reviewing and updating our policies to align with evolving best practices and regulatory requirements.

Board Approval and Statement Review

This Modern Slavery Statement has been reviewed and approved by the Board of Directors of Moksyz and will be reviewed annually to ensure ongoing effectiveness and compliance with relevant laws and industry standards.