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CHILD LABOUR, MODERN SLAVERY AND HUMAN TRAFFICKING POLICY

Standard Bulk Shipbrokers (SBS) is committed to the elimination of child labour, modern slavery and human trafficking in all forms, and we are committed to ensuring that all business activities are carried out in compliance with local and international laws.

The following activities are prohibited under this policy:

 

  • Any form of child labour, including the employment of children under the age of 18 in hazardous or harmful conditions, and the exploitation of children in any form, including but not limited to forced or compulsory labour.

  • Any form of modern slavery, including forced or compulsory labour, human trafficking, debt bondage, slavery, and servitude, as well as any exploitation of vulnerable groups, including but not limited to women, children, migrants, and people with disabilities.

  • Any involvement in the supply chains that use or benefit from child labour, modern slavery or human trafficking.

SBS will make all reasonable efforts to verify that our employees, clients, suppliers and contractors comply with this policy, including monitoring and due diligence. If a client, supplier or contractor is found to be in violation of this policy, SBS will take appropriate action, including termination of the business relationship.  Any employee or individual who violates this policy will be subject to disciplinary action, including termination of employment or contract, and may face criminal or civil penalties.

SBS will provide training to all employees to ensure they understand the risks of child labour, modern slavery and human trafficking and how to report any concerns. We encourage all employees to speak up if they have any concerns about child labour, modern slavery or human trafficking in any aspect of our business or supply chains.

This policy will be reviewed and updated regularly to ensure that it remains effective in preventing child labour, modern slavery and human trafficking and remains compliant with international conventions.

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