Modern Slavery Act Modern Slavery Act

Modern Slavery Act

Introduction

Within the Arrow Group of Companies (“Arrow”), we are committed to ensuring acts of modern day slavery and human trafficking does not exist within our business and supply chains. We acknowledge our corporate responsibility to the UK Modern Slavery Act 2015 and will ensure transparency within the organisation and with suppliers to Arrow.


About Arrow

For more than 25 years Arrow has grown and consolidated its position as one of the world’s largest independent shipbroking groups.  With offices in 14 countries Arrow offers truly global coverage. Its highly experienced and focussed teams provide professional brokerage services across all major commercial shipping sectors.

We have experts working in all areas of shipbroking: dry cargo chartering, tanker chartering, ship sale and purchase, Asset Finance and Valuations. In addition, we have an in-house derivatives brokerage that covers freight futures.

Our Research Department gathers and analyses global data and turns it into insightful and actionable data for the whole of Arrow, its associated companies and of course, its many clients who wish to manage risk and make better informed decisions.


Recognition of Modern Slavery and Human Trafficking

Here at Arrow we recognise that slavery, forced labour, servitude and human trafficking is a growing global issue. One which we are firmly committed to identifying and removing from our operations and supply chain.

Arrow supports an ethical behavioural culture within the group. All employees, contractors and agents are expected to follow Arrow’s policies at all times and where we engage with any third parties who work on our behalf.

Any concerns by an employee or agent of Arrow are required to be notified immediately to management, who will promptly review the same in order to take such action as required to resolve the issue.

 

Our Team

Individual human rights are a core element of any ethically responsible company.

We value our team and believe that the diversity that they bring to our company makes us stronger and helps us to achieve our best.

Any discrimination based upon race, religion, nationality, gender, age, marital status, disability, sexual orientation or political affiliation is strictly prohibited both within our company as well as being expected within our suppliers.

Our policies on slavery and human trafficking

Arrow has zero tolerance to slavery and human trafficking and is committed to acting ethically and with integrity in all our business dealings and relationships across the world.

This commitment includes maintaining internationally-recognised human rights. We expect all those in our supply chain to comply with our values.

Arrow takes all reasonable and practical steps to ensure that all applicable legislation and regulations are complied with, including labour laws. Our HR policies and procurement procedures reflect UK law.


Next steps

We understand that this process is in a constant state of evolution and continual improvement and Arrow is committed to keep reviewing its processes to ensure we implement the correct procedures where necessary.

We are reviewing the effectiveness of the current arrangements in order to improve our understanding and awareness of the risks of modern slavery and human trafficking in our supply chains and in our business, and to mitigate these risks.

We will continue to review the effectiveness of the steps we have taken to ensure that there is no slavery or human trafficking in our business or in our supply chain.

 

Approved and signed on behalf of the board of Arrow Group of Companies.

Jeremy Palin

Managing Director

Arrow Group of Companies

Dated 20/06/2018