Modern Slavery

Modern Slavery Statement 2022

Introduction

London Square Limited, its subsidiary companies and their joint ventures which form the London Square Group ('London Square'), are an award-winning property developer, based in Uxbridge, Greater London.

London Square makes this statement on behalf of the London Square Group of companies, all of whom adopt its terms.

Supply Chain

Our supply chain comprises of a core of approved sub-contractors, suppliers and joint venture partners with whom we have long established relationships. As an integral part of our operation, our success and reputation are directly linked to their contribution, support and adherence to London Square’s ethics and values. We seek to work with companies who share our objective and work in accordance with our policies on health and safety, ethical practice and environmental standards.

We continue to strive to Make London Greater by maintaining collaborative working relationships with all stakeholders and making significant long-term improvements to the environment, as well as the social and economic fabric of the communities in which we work. Our commitment to abolish Modern Slavery forms an integral part of this goal.

As a leading London housebuilder, our homes are bespoke and are built using a diverse range of materials from across the globe. This diversity increases the risk of Modern Slavery in our supply chain, in the form of human trafficking and / or child labour.

Policies and Due Diligence

Our supply chain and sub-contractors are required to confirm that they meet the minimum standards set out in our Social and Ethical questionnaire, which is taken from the Ethical Trading Initiative (ETI) Base Code and international labour laws.

Suppliers and Subcontractors are required to maintain and apply their own ethical sourcing policies.

At the point of publication, 60% of our material and subcontractor supply chain have confirmed that they meet or exceed the Company’s standards in relation to Modern Slavery. Those outstanding have been advised that their lack of response / action is jeopardising their future working relationship with London Square. In addition, where we identify a risk within the supply chain, we will work with the supplier to identify appropriate remedial actions.

Whistleblowing

London Square is committed to conducting business with honesty and integrity and encourages an open and accountable culture in all its dealings. Employees, sub-contractors, or suppliers who become aware or are concerned about improper, unethical or illegal behaviour may raise the matter with their Line Manager, or alternatively by telephone, post or email to Scott Brown, Chief Finance Officer 01895 627300.

Employee Awareness and Training

Our Procurement and Commercial teams undertook Modern Slavery Training with the Supply Chain Sustainability School on 30 September 2022. This training provided the team with an overview of what modern slavery is and what the act requires. It examines the strategic framework outlined in the Introduction to Modern Slavery course and provides an opportunity to assess the organisations response, using supply chain mapping techniques to identify hotspots within the supply chains. The training content will be used to support our FY23 Modern Slavery action plan which is outlined below.

2023 Actions

• The Company will continue to audit our supply chain’s approach to preventing modern slavery. In the year we will carry out a critical risk analysis of our supply chain, based on their responses to the Company’s Social and Ethical Questionnaire.
• In addition, the Social and Ethical Questionnaire will be reviewed.
• We will continue to encourage our supply chain to access the free resources available, as part of our membership of the Supply Chain Sustainability School, in order to reduce the risk of modern slavery within their business or sub-tiers.

This statement is pursuant to Section 54 of the Modern Slavery Act and was approved by the Executive Board of Directors for the 2021/2022 year and signed on its behalf by:

Adam Lawrence
Chief Executive Officer
30 September 2022