Supply Chain Vigilance
Lochard’s procurement practices include taking measures to facilitate all of our suppliers being aware of our Supplier Code of Conduct.
This Code of Conduct expresses our expectation that all of our suppliers comply with the Australian Modern Slavery Act 2018 (Cth) (Modern Slavery Act) (where applicable) and otherwise not use or facilitate modern slavery or use or tolerate inappropriate workplace practices.
The Modern Slavery Act became effective in 2019. Lochard has been reporting under the Modern Slavery Act since its inception and, in FY23, we lodged our third annual statement under the Act.
As per previous statements, we responded to the mandatory reporting criteria and included an assessment of the modern slavery risks that may exist across our operations and supply chain. No material risks have been identified.