As a procurer, it is our responsibility to ensure that our supply chain maintains the high standards that we set for ourselves and that our clients rightly expect. We encourage our major suppliers to develop corporate responsibility strategies for their own businesses, and look to identify opportunities to work collaboratively on CR initiatives.
A copy of Telereal Trillium’s full statement in accordance with the requirements of the Modern Slavery Act 2015 is available here:
Telereal Trillium Group Slavery and Human Trafficking Statement
This statement is being made by Telereal (LW) Holdings Limited on behalf of itself and its
subsidiaries, and the subsidiaries of Tele-Finance Holdings Limited (a company registered in the British Virgin Islands) which are operating and established in the United Kingdom (together Telereal Trillium or the Group).
This statement is made pursuant to section 54(1) of the Modern Slavery Act 2015 (the Act) and constitutes our slavery and human trafficking statement for the financial year ended 31 March 2020.
About Telereal Trillium
Telereal Trillium is the largest privately-owned property company in the UK, operating in property partnerships, investment, development and strategic land, with a presence in every city and major town in the UK. We have an established £8 billion UK-wide portfolio of 12,000 properties with over 10,000 homes in the pipeline for development.
The Group has over 200 office-based employees in London, Leeds, and other UK regions.
Telereal Trillium will not knowingly tolerate modern slavery occurring in our supply chain or any part of our business, and our approach is enshrined within the Group’s Slavery and Human Trafficking Policy, which was last updated in October 2019 (the Slavery Policy). The Slavery Policy is applicable to all persons working for the Group or on its behalf in any capacity, including employees at all levels, directors, officers, agency workers, seconded workers, volunteers, interns, agents, contractors, external consultants, third-party representatives and business partners. Training is made available on request.
Our Slavery Policy, along with our Sustainable Procurement Policy, Corporate Social Responsibility Policy, Anti-Bribery and Corruption and Whistleblowing policies reflect our ongoing ethical practices and the integrity in which we conduct our business.
Our Supply Chain
The Group has a relationship with over 1000 suppliers, the major suppliers being professional advisors, property agents and businesses within the property industry, the majority of which are based and operate in the United Kingdom.
As a procurer, it is our responsibility to periodically check that our supply chain maintains the high standards that we set for ourselves and that our clients rightly expect. We will not knowingly tolerate modern slavery or human trafficking in our supply chains or in any part of our business. We demonstrate this by acting ethically and with integrity in all our business relationships, and by implementing and enforcing systems and controls with the objective of not accepting slavery and human trafficking taking place anywhere in our supply chains.
We have major supplier contracts with large and reputable companies that provide services to us nationwide in areas such as cleaning, security, maintenance and porterage, each of which could be deemed a modern slavery risk.
Supplier diversity is also important to us, and where appropriate we engage with, and support small, medium-sized and social enterprises, having previously been awarded the ‘We Buy Social’ accreditation from Social Enterprise UK acknowledging Telereal Trillium’s commitment to socially responsible procurement.
We have long-term relationships with our major suppliers, which allows us to gain a thorough understanding of their capabilities and in turn, our suppliers become more adaptable to the needs of our customers. The long-term nature of our relationships gives our suppliers confidence that any investment in innovation or best practice will be recouped during the relationship.
Supply Chain Evaluation and Risk Assessment
The board of the UK group take responsibility and accountability for this statement as well as the provisions relevant to any suppliers that provide services to Telereal Trillium. All new suppliers who wish to contract with Telereal Trillium must be verified by either the group finance director or his delegate in addition to a compulsory supplier evaluation process undertaken by the group’s Finance function.
We evaluate each supplier on the basis of responses to Supplier Management Questionnaires (SMQs). We do not begin evaluation of new suppliers until they have provided all information which is requested in the SMQs, nor are suppliers added to Telereal Trillium’s supply chain unless and until satisfactory responses to the SMQs have been provided. The SMQs require suppliers to confirm that:
- That they have taken and will continue to take appropriate and proportionate action to ensure slavery and human trafficking is not taking place in their business or their supply chains;
- That they have not been convicted of any offence under the Modern Slavery Act 2015 (the Act); and
- That they will notify the group of any breach or potential breach of the Act.
We have taken further steps to annually review our existing top 100 suppliers categorised by annual spend and sought the foregoing confirmations from each of those relevant suppliers together with copies of any relevant policies. In addition, we review on an annual basis the modern slavery statements that are published by each of those relevant suppliers (where available). As at the date of this statement, 68% (2019: 56%) of Telereal Trillium’s top 100 suppliers have published a slavery and human trafficking statement.
We will continue to review our processes and monitor our suppliers in the year ahead.
This statement is made pursuant to section 54(1) of the Act and constitutes our slavery and human trafficking statement for the financial year ended 31 March 2020.
The statement was approved the board of Telereal (LW) Holdings Limited (the Board) on 30 November 2020 and signed on behalf of the Board by Russell Gurnhill, Chief Executive Officer, Telereal Trillium Group.
Director and Chief Executive Officer
On behalf of Telereal (LW) Holdings Limited and its subsidiaries, and the subsidiaries of Tele-Finance Holdings Limited operating and established in the United Kingdom, including but not limited to:
- Empire LIH Limited
- Lands Improvement Group Limited
- Telereal Services Limited
- Trillium Property Services Limited
- TTRE Holdings Limited
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