This statement sets out Optoma Europe's actions to understand all potential modern slavery risks related to its business and to put in place steps that are aimed at ensuring that there is no slavery or human trafficking in its own business and its supply chains. It refers to Section 54 of the Modern Slavery Act 2015.
As part of the Consumer Electronics sector the organisation recognises that it has a responsibility to take a robust approach to slavery and human trafficking.
The organisation is absolutely committed to preventing slavery and human trafficking in its corporate activities, and to ensuring that its supply chains are free from slavery and human trafficking.
Optoma Europe Ltd. is an award-winning developer of high-resolution projection, audio and digital display products for consumer, education, business, and professional audio video.
Based in Watford; Optoma Europe provides sales, marketing and servicing throughout EMEA with regional offices in Germany, France, Norway, Benelux and Spain.
Turnover exceeds £75M with a Headcount of approximately 150.
Optoma is an innovating company, continually introducing new products to facilitate and drive the projection and audio markets
The Parent Company is Optoma Corporation with its Head office in Taiwan.
The organisation currently operates in Europe, Middle East and Africa (EMEA).
We are committed to ensuring that there is no modern slavery or human trafficking in our supply chain or in any part of our business.
Our principal supplier of goods and services is our parent company Optoma Corporation. We may source other goods and services to meet our business needs – whether for onward supply to our customers in conjunction with our supply of goods and services or for export to our parent company.
We apply a proportionate approach to our due diligence processes for risk assessment and verification with regard to slavery and human trafficking. For our risk assessment, we take into account the relevant products, components, packaging materials and services, production location and supply chain data. We also take into account a supplier’s self-declaration of compliance and any compliance policy and/or compliance representations.
We require our suppliers to comply with all applicable laws and regulations, including but not limited to those of the UK and the countries in which they operate, as well as international standards.
The organisation undertakes due diligence when considering taking on new suppliers, and reviews its existing suppliers. The organisation's due diligence and reviews include:
- reviewing the supply chain broadly to assess particular product or geographical risks of modern slavery and human trafficking;
- evaluating the modern slavery and human trafficking risks of each new supplier
- reviewing all aspects of the supply chain;
- conducting supplier assessments through the organisation's own staff, which have a greater degree of focus on slavery and human trafficking where general risks are identified;
- using resources, where suppliers can be checked for their labour standards, compliance in general, and modern slavery and human trafficking in particular; and
- invoking sanctions against suppliers that violate our supplier code of conduct, including the termination of the business relationship.
Every Optoma Europe employee receives a copy of the conduct guidelines and must conform to these and all applicable laws.
We have a whistleblowing policy in place for our staff.
We will continue to review the effectives of the steps we have taken to ensure that there is no slavery or human trafficking in our supply chains.
This statement has been approved by the organisation's board of directors, who will review and update it annually.
30th September 2016