This statement, made pursuant to section 54(1) of the Modern Slavery Act 2015, sets out the approach taken by Blue Motor Finance Limited (Blue) to understand all potential modern slavery risks related to its business, and the actions undertaken to mitigate any such risks during the financial year ended 5 April 2018.
Blue is a provider of consumer credit to individuals via Car Dealerships to aid in the purchase of a motor vehicle. Blue has 190 employees and is headquartered in the UK. Our supply chains consists of national car dealerships, funding providers, recovery firms, IT software and equipment and office supplies.
Blue's Board is committed to delivering high standards of corporate governance and a key element of this is managing the company in a socially responsible way. The company aims to employ the highest ethical and professional standards and always to comply with all local laws and regulations applicable to our business; it follows that Blue is absolutely committed to preventing slavery and human trafficking in its corporate activities and its supply chains. This commitment is emphasised in our employee training programmes and company policies. Blue also expects the same high standards which we set for ourselves from those parties with whom we engage, such as our suppliers and customers.
Due to the nature of our business and our approach to governance, we assess that there is very low risk of slavery and human trafficking in our business and supply chains. However we aim to periodically review the effectiveness of the relevant policies and procedures that we have in place. We do not have key performance indicators in relation to slavery or human trafficking as any instance would be expected to be a breach of law, our supplier standards and/or our company policies.
This statement is approved by the Board and signed on its behalf by:
CEO, Blue Motor Finance Ltd.
10 September 2018