Voluntary Modern Slavery & Anti-Bribery
Voluntary Modern Slavery
This statement sets out Kothari Partners position and action to understand the potential modern slavery risks related to its activities.
‘Modern slavery’ is defined by the Modern Slavery Act 2015 (“the Act”) as a term encapsulating the offences of slavery, servitude and forced or compulsory labour, and human trafficking. It is used with this definition throughout the statement, which supports compliance with section 54 of the Act.
We oppose slavery and human trafficking in all its forms and have put in place steps that are aimed at ensuring that there is no slavery or human trafficking in our own business – and that in so far as possible, our suppliers and clients hold the same ethos.
As an organisation, we are committed to valuing human rights, championing equality and challenging discrimination. We take our role seriously in taking a robust approach to the global problem of slavery and human trafficking. We are absolutely committed to preventing slavery and human trafficking in our business activities and to ensure that suppliers and clients we engage with are free from slavery and human trafficking. If an existing or potential supplier or client were to be suspected of having links to involvement in modern slavery, our arrangements with them will immediately cease.
To help identify and monitor the risk of slavery and human trafficking, we request that our suppliers and clients agree to the principles of this statement by completing modern slavery and human trafficking due diligence questions upon business engagement.
Kothari Partners has policies and procedures in place to ensure compliance with UK law. Including, policies with direct relevance to modern slavery include safeguarding, whistleblowing, grievance, equality diversity and inclusion and dignity at work. Our staff, suppliers or clients are not in any category which is generally seen to be vulnerable to modern slavery in the UK.
To ensure a high level of understanding of the risks of modern slavery and human trafficking, Kothari Partners is fully committed to providing the necessary training to our staff and partners in order to raise awareness, so they can:
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Recognise the risks of modern slavery and human trafficking in the supply or client chain.
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Identify and report potential violations of The Modern Slavery Act 2015.
This statement is made voluntarily, in support of the principles of the Modern Slavery Act 2015. It has been approved by our senior partner and is Kothari Partners commitment against modern slavery and human trafficking.
Anti-bribery statement
Overview:
1.1 This anti-bribery policy exists to set out the responsibilities of Kothari Partners and those who work with us regarding observing and upholding our zero-tolerance position on bribery and corruption.
1.2 It also exists to act as a source of information and guidance for those working for and with Kothari Partners. It helps them recognise and deal with bribery and corruption issues, as well as understand their responsibilities.
Policy:
2.1 Kothari Partners is committed to conducting business in an ethical and honest manner and is committed to implementing and enforcing systems that ensure bribery is prevented. We have a zero-tolerance for bribery and corrupt activities. We are committed to acting professionally, fairly, and with integrity in all business dealings and relationships, wherever in the country we operate.
2.2 Kothari Partners will constantly uphold all laws relating to anti-bribery and corruption in all the jurisdictions in which we operate. We are bound by the laws of the UK, including the Bribery Act 2010, regarding our conduct both at home and abroad.
2.3 Kothari Partners recognises that bribery and corruption are punishable by up to ten years of imprisonment and a fine. If our company is discovered to have taken part in corrupt activities, we may be subjected to an unlimited fine, be excluded from tendering for contracts and face serious damage to our reputation. It is with this in mind that we commit to preventing bribery and corruption in our business and take our legal responsibilities seriously.
Charitable Contributions:
3.1 Kothari Partners accepts (and indeed encourages) the act of donating to charities – whether through services, charity work, knowledge, time, or direct financial contributions (cash or otherwise, such as office equipment) and thus discloses all charitable contributions. We have made the following donations in 2024 £nil (2023: £nil).
3.2 We ensure that all charitable donations made are legal and ethical under local laws and practices and that donations are not offered/made without the approval by the senior partner.
