Modern Slavery Statement

 Our Statement of commitment to Combatting Modern Slavery and Human Trafficking 

Xeinadin is one of the Top 20 largest accountancy firms in the UK, we are committed to operating responsibly and ethically. 

In compliance with the UK Modern Slavery Act 2015, this is our first published Modern Slavery and Human Trafficking Statement, detailing the actions taken during the financial year ending 31st May 2024 while outlining our top priorities moving into 2025 to identify, assess, and address the risks of modern slavery, human trafficking, forced labour, and all forms of exploitation within our business operations and supply chains. 

We are a multi-entity company working across various jurisdictions. As we primarily operate in the professional services sector, we recognise that we are lower risk than some organisations, but we remain committed to identify potential risks across our operations and within our supply chain, especially in industries or regions with weaker labour protections. We are putting in place expectations of all our suppliers and advisers to share our commitment to opposing slavery and human trafficking. 

Xeinadin is committed to creating a safe, transparent, and ethical supply chain that is free from modern slavery and human trafficking as part of our continuous improvement. This statement therefore reflects our ongoing efforts to developing and integrating robust policies and procedures aimed at mitigating any identified risks and will evolve over time. 

Our Key Focus areas 

Since Xeinadin was established in 2019, we have been on a journey to integrate operations, processes, and technology across the business, with the goal of becoming “one Xeinadin”. As part of this integration, to support our efforts in combatting modern slavery we have taken the following steps: 

Initial Assessment and Awareness Building 

  • Leadership discussions have been initiated to ensure modern slavery is on our strategic agenda. 
  • A gap analysis of a cross-section of our supply chain has been completed to identify high-risk regions and assess existing levels of supplier due diligence. 


Our Policy and Governance Development 

  • We have an Employee Code of Conduct that outlines our expectations regarding ethical standards, professional behaviour, and legal responsibilities including prohibitions on forced labour and exploitation 
  • Our employee handbook includes a Whistleblowing Policy, which all employees must acknowledge they have read. This policy outlines the procedures for reporting incidents and ensures that all disclosures can be made without fear of retaliation. 


Our Due Diligence and Risk Assessment 

  • Our Economic Crime Policy aims to prevent, detect and respond to various forms of economic crime including modern slavery and outlines our responsibilities as a business in adherence with the economic crime regulations. This is supported by robust client due diligence, especially for clients in high-risk industries such as construction, agriculture, and manufacturing, which are more prone to modern slavery risks. 


Our Recruitment 

  • Our policies include ensuring that all candidates produce original documentation indicating that they have the right to work in the UK prior to commencing employment. 


Further steps 

We have an unwavering commitment to upholding the highest standards of business ethics as we implement these crucial measures. 

We are committed to develop, implement and operationalise the following throughout 2025: 

  • A Procurement and Supplier Management Framework to define standards for selecting new suppliers and managing supplier relationships. All new suppliers will be required to adhere to these standards at onboarding and throughout the duration of the relationship. 
  • A Governance Framework which will include a comprehensive suite of policies aimed at preventing modern slavery and human trafficking. A Supplier Code of Conduct in place which will require all suppliers and contractors to comply with our anti-slavery standards, ensuring safe working conditions and ethical labour practices. 
  • A Recruitment Policy to ensure that all hiring and employment practices are ethical and transparent. We will only use reputable employment agencies and verify their practices before accepting workers. 
  • Develop improved training and awareness to all employees ensuring we strongly encourage employees, clients, and third-party suppliers to report any concerns related to unethical behaviour, practices, or issues within our supply chain, including modern slavery. 
  • We will raise awareness of modern slavery and human trafficking risks and equip staff with the knowledge to identify potential victims and report concerns through our internal processes. 


Approval 

This Statement has been reviewed by Derry Crowley, Chief Executive Officer (CEO), and has been approved by the Board of Directors of Xeinadin and will be reviewed and updated annually. 

Name: Derry Crowley 

Position: CEO 

Date: 24th October 2024