The Fulcrum Group of Companies includes Fulcrum Utility Services Limited and several associated companies in the United Kingdom and Cayman Islands. The Group also includes Fulcrum Utility Investments Limited, Fulcrum Infrastructure Services Limited, Fulcrum Pipelines Limited, Fulcrum Electricity Assets Limited, Fulcrum Group Holdings Limited, Fulcrum Smart Metering Limited, Dunamis Infrastructure Services Limited and Maintech Power Services Limited.
Fulcrum is the UK’s market leading independent energy and multi-utility infrastructure and services provider.
We use a wide variety of local, national and international suppliers to source goods, services and equipment for the operation of our business. In particular, we work with plant and material suppliers as well as engineering subcontractors. We recognise that the nature of our supply chain can make checking for illegal activity challenging. However, as explained below, there are a number of checks and safeguards we will put in place to reduce the risk of modern slavery and human trafficking occurring in our supply chain.
We have an absolute zero tolerance policy to modern slavery. We are committed to ensuring that there is no modern slavery or human trafficking in our supply chains or in any part of our business. Our policy 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 chains.
We understand that modern slavery encompasses:
To ensure that this policy is adhered to, we will introduce the following processes:
To facilitate these processes, we maintain an accurate supplier list including key contact details. We also encourage the use of our whistleblowing policy to report any concerns regarding modern slavery and we will investigate any complaints thoroughly.
As our attitude to modern slavery is zero tolerance, we have not adopted any key performance indicators as any instance of modern slavery or human trafficking in our supply chain would be an unacceptable breach of our policy.
However, we will monitor our internal compliance with this policy by recording:
Where our suppliers do not yet have modern slavery policies and procedures in place, where appropriate we will ask for confirmation as to the likely timescale for their introduction.
Our Chief Executive Officer is responsible for compliance with this policy, and is the person to whom all queries or concerns regarding modern slavery should be addressed. The Compliance Team will undertake an annual review of our obligations towards eradicating modern slavery within our organisation and supply chains.
ll of our employees are instructed to read this policy and confirm understanding anad agreement to comply with our policy to help in the identification and prevention of modern slavery. This policy will be publicised internally to raise awareness. New employees will receive training on this policy as part of their induction process. In addition, all of our employees responsible for compliance or procurement will be trained on the requirements of this policy.
Fulcrum has a risk-based methodology in place to ensure its suppliers comply with The Modern Slavery Act 2015. Risks are identified as being low, due to our ‘well-known’ supplier base and the industry sectors in which we are they operate in. It is also recognised that risks are lower for UK employees due to the legislative requirements. The risk assessment process is managed by The Supply Chain Manager and Head of Compliance who also has responsibility for ensuring annual or ad-hoc reviews and audits of all suppliers is undertaken.
This statement is made in pursuance of Section 54(1) of the Modern Slavery Act 2010 and applies to all companies within and associated to The Fulcrum Group of Companies (“the Group”). It will be reviewed for each financial year.
Supply chain risk assessments are undertaken, and no issues have been identified during the onboarding process or scheduled audits and reviews during year ending March 2022.