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TrustFinance

Modern Slavery Code of Conduct

Background

Clients, partners, and suppliers of TrustFinance are all subject to the terms of this Modern Slavery Code of Conduct (the "Code"). It outlines the minimal standards we anticipate from these organizations.

We are dedicated to upholding ethical and fair work standards as well as the protection of human rights. We are aware of our obligation to do business responsibly, and this obligation applies to all of our clients, partners, and suppliers.

We demand that all of our clients, partners, and suppliers uphold the rights of all employees and conduct themselves in a morally and legally responsible manner in all facets of business.

We try to prevent modern slavery not only from occurring within our own organization but also from happening along our supply chains.

All agreements made with TrustFinance regarding customers, suppliers, and vendors must be subject to the tenets outlined in this Code.

Minimum Standards

This Code lays forth the basic requirements that we anticipate our clients, vendors, and suppliers will meet or beyond.

These requirements are not meant to contradict local, state, or federal laws or regulations.

Any arrangement you have with TrustFinance may be terminated if you don't adhere to these criteria.

Child labor

Any use of child labor or child labor-related behaviors is unacceptable to us. None of our clients, partners, or suppliers may employ child labor.

Clients, partners, and suppliers are obligated to abide by applicable child labor regulations and hire only people who are at least the minimum legal age in the countries where they conduct business.

Generally:

  • the minimum working age is 15 years (or 14 if allowed by national or local law)
  • workers under the age of 18 years are not to be involved in any work that is hazardous or likely to have a negative impact on the employee’s physical or mental development.

Clients, partners, and suppliers must make sure that workers under the age of 18 have the aforementioned protections and must not contract with subpartners or suppliers who use or engage in child labor.

Forced or involuntary labor & trafficking

Clients, partners, and suppliers of TrustFinance must not take part in, encourage, or support any kind of forced, bonded, indentured, or involuntary jail work.

Clients, partners, and suppliers of TrustFinance are not permitted to take part in, encourage, or support human trafficking in any way.

All regulations pertaining to slavery and human trafficking must be followed. Clients, partners, and suppliers must make sure that their internal business processes, supply chains, and other external business contacts are free from slavery and human trafficking practices.

All workers hired by clients, partners, and suppliers must be free to choose their jobs and must not be subjected to physical or mental coercion.

Clients, partners, and suppliers are not allowed to work with suppliers or subcontractors who use or support modern slavery or human trafficking.

Compliance

Clients, partners, and suppliers are required to take all necessary precautions to guarantee that modern slavery and human trafficking are not occurring inside their supply chains or in any other aspect of their businesses. Clients, partners, and suppliers are required to abide by this Code as well as all relevant local, state, and federal laws.

Clients, partners, and suppliers must be able to attest that the materials used in their goods abide by all applicable anti-slavery and anti-human trafficking legislation. A supplier or contractor may be asked by TrustFinance at any time to provide a report outlining the measures they have taken to guarantee that modern slavery and human trafficking are not occurring within their organization or in their supply chain.

Any violation or departure from this Code must be immediately reported to TrustFinance by clients, partners, and suppliers

We reserve the right to ask a supplier or contractor for a corrective action plan if a client, partner, and supplier violates this Code. The steps the supplier or contractor will take to make good on the breach are outlined in this plan. We have the right to dissolve any existing contractual relationships if the corrective action plan does not address the breach and, depending on its seriousness, does not fix it.

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