Osprey Europe Limited
Modern Slavery Statement
This statement applies to Osprey Europe Limited (referred to in this statement as ‘the Company’).
The Company’s offices comprise of the Headquarters in Dorset, UK and there is an additional satellite office in Munich, Germany. The parent company of Osprey Europe Limited is Osprey Packs, Inc. of Colorado, USA, (referred to in this statement as ‘Parent Company’). Osprey’s products are produced and manufactured by our Parent Company in Vietnam.
The main activity carried out by the Company is the distribution of specialist packs and accessories to European wholesalers and retailers. The Company also performs the sale of the aforementioned goods via its website. Demand for our products is consistently high throughout the year and is, therefore, not seasonal.
The Company acknowledges its responsibilities in relation to tackling modern slavery and human trafficking and commits to complying with the provisions in the Modern Slavery Act 2015. The Company and Parent Company understands that this requires an ongoing review of both its internal policies and practices in relation to its workforce and, additionally, its supply chains.
Our Code of Conduct reflects our commitment to acting ethically and with integrity in all our business relationships and to implementing and enforcing effective systems and controls to ensure slavery and human trafficking is not taking place anywhere in our supply chains.
The Company does not enter into business with any other organisation, in the United Kingdom or abroad, which knowingly supports or is found to involve itself in slavery, servitude and forced or compulsory work and human trafficking.
No labour provided to the Company in the undertaking of the provision of its own services is obtained by means of slavery or human trafficking. The Company strictly adheres to the minimum standards required in relation to its responsibilities under relevant employment legislation in the United Kingdom and Germany.
In order to fulfil its activities, the main supply chains of the Company include those related to the distribution and shipping of products from Vietnam to Europe and throughout Europe. The Company considers its main exposure to the risk of slavery and human trafficking to exist within its supply chains in Vietnam, where protection against breaches of human rights may be limited. In general, the Company considers its exposure to slavery/human trafficking to be relatively limited. The Company and Parent Company have taken steps to ensure that such practices do not take place in its business nor the business of any company that supplies goods and/or services to it.
Due Diligence Processes
As part of our initiative to identify and mitigate risk, we have in place systems to:
- Identify and assess potential risk areas in our supply chains.
- Mitigate the risk of slavery and human trafficking occurring in our supply chains.
- Monitor potential risk areas in our supply chains.
The Company has not, to its knowledge, conducted any business with another organisation which has been found to have involved itself with modern slavery and/or human trafficking.
In accordance with section 54(4) of the Modern Slavery Act 2015, the Parent Company has taken the following steps during the financial year to ensure that modern slavery is not taking place:
- Raised awareness of the Modern Slavery Act 2015 amongst our supply chain teams based in Vietnam. o Code of Conduct displayed in three languages at HQ Vietnam and all tier one partners (factories).
- Code of Conduct was acknowledged in writing by all material suppliers
- Communicated face to face with each of the factory’s leadership teams.
- Corporate Social Responsibility (CSR) Standard communicated at HQ Vietnam and with tier one partners (factories).
- Internal audits carried out at tier one Parent Company factories.
Where appropriate, Company and Parent Company intend to take the following steps to combat slavery and human trafficking:
- Continue to be vigilant when assessing areas of potential risk within Parent Company’s supply chain.
- Put in place appropriately targeted training on the risks the business faces from modern slavery and human trafficking in its business and in its supply chains.
- Parent Company will continue to audit their tier one suppliers going forward and improvement plans are managed.
The Company and Parent Company remain focused on maintaining the highest standards of ethical and business integrity across its business and supply chain and is committed to ensuring that its policies and processes are fit for purpose to address the risk of modern slavery and/or human trafficking occurring in our business and supply chains.
Board Approval and Signature
This statement is made in pursuance of Section 54(1) of the Modern Slavery Act 2015 (UK) and constitutes our slavery and human trafficking statement for the financial year ending 31 December 2020. It has been approved by the Board of Directors and is signed below. The statement will be reviewed for each financial year.
Signed on behalf of Osprey Europe Ltd.
Name: Jonathan Petty
Job Title: Vice President and Managing Director