RCI FINANCIAL SERVICES LIMITED: SLAVERY AND HUMAN TRAFFICKING STATEMENT
This statement has been produced in compliance with the Modern Slavery Act 2015. The Act places an obligation on UK businesses with an annual turnover of £36m or above to produce a slavery and human trafficking statement that details the steps that have been taken to ensure that slavery and human trafficking is not taking place in the business and supply chain. At RCI Financial Services Limited (“RCI”) we are proud of the steps we have taken to combat slavery and human trafficking to date and we remain committed to improving our practices in this regard.
RCI is part of the RCI Banque SA Group of Companies and the Renault-Nissan Alliance and is dedicated to providing its employees with a positive working environment which complies or exceeds the requirements of all applicable legislation. This is reflected in the RCI employees’ policy and procedures which reiterate RCI’s commitment to ensuring fundamental rights at work are protected including health and safety, working conditions, prevention of child labour and forced labour.
Our suppliers and policies on slavery and human trafficking
RCI requires its network of suppliers to comply with the Renault-Nissan Corporate Social Responsibility Guideline and adopt similar policies and practices in their own respective businesses and supply chains. The guideline addresses issues including:
1. Prevention of discrimination
2. Respecting human rights
3. Prohibiting child labour
4. Prohibiting forced labour
5. Ensuring fair and legal remuneration
6. Ensuring fair and legal working hours
7. Ensuring a safe and healthy working environment
Due diligence processes
In addition, the Renault-Nissan Purchasing Way guide applies to all purchasing activities at RCI. It emphasises the importance of doing business in an honest, open and ethical way. It requires all suppliers to be compliant with all applicable laws and regulations and forbids RCI from working with those suppliers who use or condone the use of child and/or forced labour or whom do not have policies for occupational risks prevention. Suppliers are reviewed to ensure that adequate policies have been adopted which meet the Renault-Nissan Purchasing Way guide.
Committing Together for Sustainable Growth and Development
RCI is committed to promote sustainable development in the following areas:
1. Respect for fundamental social rights
2. Social responsibility to employees
3. Supplier and sub-contractor relationships
Risk assessment and measuring effectiveness
The nature of our business is such that we do not form business relationships where modern day slavery would be a risk. We only form business relationships with suppliers providing professional services following a supplier selection process. We thererefore consider that the risks of modern day slavery are low but we remain vigilant in relation to the possible risks. We frequently monitor compliance with our policies and procedures and report any breaches or incidents and would act upon such incidents. This is how we measure the effectiveness of our modern slavery compliance.
RCI Training and Whistleblowing Policy
RCI is dedicated to training and providing its employees with the means to report misconduct including the existence of potential or actual risks involving violations of human rights or fundamental freedoms such as slavery and human trafficking. The whistleblowing process enables employees and suppliers to issue alerts anonymously. Overall, this offers further assistance in combating slavery and human trafficking, as it enables employees and suppliers to bring such issues to RCI’s immediate attention.
As a business, RCI has a zero-tolerance approach to any form of slavery and human trafficking. We will always work to the highest professional standards and shall continue to develop and improve our efforts in eliminating acts of modern slavery within our business and supply chain.
Signed for an on behalf of the Board
Date: 5th Febuary 2020
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