UK MODERN SLAVERY ACT DISCLOSURE
AKIUMI'S POSITION ON FORCED LABOR, HUMAN TRAFFICKING, AND MODERN SLAVERY - 2023
UK MODERN SLAVERY ACT DISCLOSURE
AT AKIUMI, WE FIRMLY UPHOLD HUMAN RIGHTS, AS DEFINED BY THE UNIVERSAL DECLARATION OF HUMAN RIGHTS, RECOGNIZING THE INHERENT FREEDOM AND EQUALITY OF ALL INDIVIDUALS. OUR CORE MISSION REVOLVES AROUND MAXIMIZING HUMAN POTENTIAL THROUGH OUR PRODUCTS, COLLABORATIONS, AND OPERATIONS, WHICH NECESSITATES AN UNWAVERING COMMITMENT TO RESPECTING HUMAN RIGHTS ACROSS ALL FACETS OF AKIUMI'S ACTIVITIES. WE EXTEND THE SAME EXPECTATION TO OUR SUPPLIERS AND PRIORITIZE WORKING WITH LONG-TERM, STRATEGIC PARTNERS WHO SHARE OUR VALUES, ACTIVELY ENGAGE THEIR WORKFORCE, ENSURE SAFE WORKING CONDITIONS, AND EMBRACE ENVIRONMENTAL RESPONSIBILITY. THIS COMMITMENT INCLUDES A FOCUSED EFFORT TO COMBAT ANY RISKS OF FORCED LABOR. THE FOLLOWING STATEMENT HAS BEEN PREPARED IN ACCORDANCE WITH THE UK MODERN SLAVERY ACT AND OUTLINES AKIUMI'S COMPREHENSIVE APPROACH TO ADDRESSING FORCED LABOR GLOBALLY. TO LEARN MORE ABOUT OUR DEDICATION TO SUSTAINABILITY AND HUMAN RIGHTS, PLEASE REFER TO ADDITIONAL RESOURCES.
II. AKIUMI'S OVERVIEW AND SUPPLY CHAIN STRUCTURE:
OUR PRODUCT DISTRIBUTION PRIMARILY RELIES ON DIGITAL PLATFORMS, AND THE VAST MAJORITY OF OUR PRODUCTS ARE MANUFACTURED BY INDEPENDENT CONTRACT MANUFACTURERS. WE ARE EXPANDING OUR BUSINESS BY COLLABORATING WITH SUPPLIERS WHO EXEMPLIFY OUR STRINGENT STANDARDS FOR SUSTAINABILITY, HUMAN RIGHTS, PRODUCT EXCELLENCE, AND ADHERENCE TO LOCAL LAWS. OUR SOURCING STRATEGY PLACES PARTICULAR EMPHASIS ON PARTNERS WHO EXHIBIT LEADERSHIP IN CORPORATE RESPONSIBILITY AND SUSTAINABILITY, SURPASSING MINIMUM REQUIREMENTS. AS PART OF OUR GROWTH STRATEGY, WE ACTIVELY SEEK SUPPLIERS WHO PROMOTE SUSTAINABLE BUSINESS PRACTICES, MINIMIZE ENVIRONMENTAL IMPACT, PRIORITIZE SAFETY, AND CULTIVATE A MOTIVATED AND VALUED WORKFORCE. AT AKIUMI, ETHICAL PRACTICES ARE EMBEDDED THROUGHOUT OUR OPERATIONS AND SUPPLY CHAIN, STARTING WITH OUR CEO. THE RESPONSIBILITY, SUSTAINABILITY & GOVERNANCE COMMITTEE OF THE BOARD OF DIRECTORS METICULOUSLY REVIEWS AND ASSESSES THE COMPANY'S SIGNIFICANT STRATEGIES, POLICIES, ACTIVITIES, INVESTMENTS, AND PROGRAMS RELATED TO CORPORATE PURPOSE, ENCOMPASSING CORPORATE RESPONSIBILITY, SUSTAINABILITY, HUMAN RIGHTS, GLOBAL COMMUNITY ENGAGEMENT, SOCIAL IMPACT, DIVERSITY, AND INCLUSION. THE COMMITTEE ALSO PROVIDES OVERSIGHT OF MANAGEMENT'S ENDEAVORS TO ENSURE THAT AKIUMI'S DEDICATION TO SUSTAINABILITY, INCLUDING ENVIRONMENTAL SUSTAINABILITY AND HUMAN RIGHTS, IS FULLY INTEGRATED INTO ALL ASPECTS OF OUR BUSINESS OPERATIONS. ADDITIONALLY, AKIUMI'S EXECUTIVE LEADERSHIP TEAM PLAYS A PIVOTAL ROLE IN ENDORSING COMPANY-WIDE SUSTAINABILITY POLICIES AND TARGETS, MONITORING PROGRESS, RECEIVING UPDATES ON CRUCIAL MATTERS AND EMERGING TRENDS, AND SUPERVISING EFFORTS TO CONTINUALLY IMPROVE OUR PRACTICES.