This statement is made in relation to Clean Energy Transition LLP (“Clean Energy Transition” or the “Firm”) pursuant to section 54(1) of the Modern Slavery Act 2015 (the “Act”) for its financial year ending 31 March 2024.
The purpose of this statement is to set out the steps that Clean Energy Transition has taken and continues to make to ensure that modern slavery or human trafficking does not take place in our business or our supply chain.
Clean Energy Transition is committed to acting ethically and with integrity.
Our Business and Supply Chain
Clean Energy Transition is a limited liability partnership incorporated in England and Wales whose sole business activity is investment management. Clean Energy Transition has given careful consideration to Section 54 (Transparency in Supply Chains) of the Modern Slavery Act 2015.
Clean Energy Transition does not tolerate modern slavery or human trafficking and takes a risk-based approach to its supply chain, including making enquiries where it is considered necessary to do so. The nature of our business means that the Firm does not have complex supply chains and does not procure material services from suppliers located in high risk countries. Clean Energy Transition sources its services from the UK and other low-risk countries such as Ireland and the United States of America where modern slavery is not prevalent. Our suppliers are predominantly regulated financial and professional services companies, including banks, data service providers, technology providers, accountants and law firms. The Firm also engages suppliers of equipment, maintenance and support services for our office locations.
Clean Energy Transition believes that it undertakes appropriate due diligence in relation to new suppliers and expects our suppliers, and their supply chains, to comply with all relevant legislation and regulations in the countries in which they operate. The Firm’s policies are periodically reviewed and, where necessary updated, to ensure the Firm’s continuing commitment to the Act.
Training and Awareness
The Firm’s Staff handbook and Code of Ethics requires staff to act with integrity and abide by the Firm’s policies and procedures. All staff are required to attest to this on a regular basis and are provided with appropriate ongoing training to ensure they are aware of their obligations to comply with the Firm’s policies and procedures, including with respect to the risk of modern slavery.
This statement will be reviewed annually and updated as required.
Benjamin Singh - Chief Operating Officer of Clean Energy Transition LLP