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Modern Slavery and Human Trafficking Statement 2024

Modern Slavery and Human Trafficking Statement

At Airwallet ApS, we are unwavering in our commitment to ensuring that there is no place for modern slavery or human trafficking in our business or supply chain. This commitment is a core part of our ethical standards and corporate responsibility.

About Airwallet ApS

Founded in Denmark, Airwallet ApS is a growing company in the financial technology sector, providing innovative solutions in digital payments and transactions. We are proud of our ethical approach to business, which extends to every aspect of our operations. With a dedicated team and a growing international presence, we understand the importance of maintaining and promoting high ethical standards.

Organisation Structure and Supply Chains

We adopt a zero-tolerance stance towards modern slavery and human trafficking in our business operations and supply chain. Our recruitment and employment practices are rigorously compliant with all relevant employment laws, and we are confident that our workplace is free from modern slavery and human trafficking. We ensure all employees are legally entitled to work, and we adhere to national wage requirements. Furthermore, we closely monitor and vet our suppliers to ensure they share our ethical standards.

Supplier Code of Conduct

We have cultivated strong, long-standing relationships with our suppliers, both domestically and globally. Despite these robust relationships, we remain vigilant against the risks of modern slavery. This year, we have introduced a Supplier Code of Conduct, mandating our suppliers to uphold the same high standards against modern slavery. This code ensures effective systems and controls are in place to prevent modern slavery and human trafficking in their organizations and supply chains.

Due Diligence Processes

Understanding the complexities of our supply chain, we apply a risk-based approach to ensuring no involvement of slavery or human trafficking. We regularly assess and review our supply chain, prioritizing transparency and ethical practices. We are committed to enhancing our supplier due diligence and will disengage with any supplier who fails to comply with our ethical standards.

Staff Training and Risk Identification

We believe in empowering our employees with the knowledge and tools to identify and combat the risks of modern slavery. We provide training and awareness programs, ensuring our staff are familiar with our Supplier Code of Conduct and due diligence processes. Although we do not have specific training on the Modern Slavery Act, we have comprehensive training modules covering various aspects of legal compliance.

Objectives for the Next 12 Months

We will continue to review and improve our strategies and actions taken against modern slavery. As we expand into new markets, we will ensure that our ethical principles guide our partnerships and supplier relationships. We aim to enhance our capabilities in identifying suppliers at higher risk of modern slavery practices and invest in our team's training to spot potential risks or misconduct.

This statement is made in accordance with section 54(1) of the Modern Slavery Act 2015 and represents Airwallet ApS's slavery and human trafficking statement for the financial year 2024.

Updated on: 07/02/2024

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