Modern Slavery Statement

Policies & Governance

Modern Slavery Statement

Fulcrium is committed to conducting business responsibly and to supporting efforts to prevent modern slavery and human trafficking.

This statement describes Fulcrium’s approach to ethical business practices, supplier awareness and compliance with applicable legislation relating to modern slavery and human trafficking.

Purpose

Modern slavery includes slavery, servitude, forced or compulsory labour, human trafficking and other forms of exploitation.

Fulcrium recognises the importance of maintaining responsible business practices and expects its suppliers, contractors and service providers to act ethically and with integrity.

Our Commitment

Fulcrium is committed to ensuring, so far as reasonably practicable, that there is no modern slavery or human trafficking in any part of its business.

Fulcrium is also committed, where appropriate and proportionate, to encouraging suppliers and service providers to maintain a similar commitment.

Our Business

Fulcrium provides specialist benchmarking, advisory and training services to organisations in the global oil & gas industry.

Fulcrium’s business model is professional-services based and does not involve large-scale manufacturing, physical production or complex goods supply chains.

Our Approach

Fulcrium will seek to:

  • comply with applicable legal and regulatory requirements relating to modern slavery and human trafficking;
  • promote awareness of modern slavery risks within its business activities where relevant;
  • encourage suppliers, contractors and service providers to understand and comply with their own obligations;
  • act with integrity in supplier and contractor relationships;
  • avoid knowingly working with organisations involved in modern slavery, forced labour or human trafficking;
  • review and improve its approach where appropriate and proportionate to the nature of its business.

Suppliers and Service Providers

Fulcrium expects suppliers, contractors and service providers to conduct business ethically and in accordance with applicable laws.

Where Fulcrium becomes aware of credible concerns relating to modern slavery, forced labour or human trafficking in connection with a supplier or service provider, Fulcrium may review, suspend or terminate the relevant relationship as appropriate.

Awareness and Responsibility

Fulcrium encourages awareness of modern slavery issues among those involved in its business activities.

Responsibility for maintaining ethical business practices sits with Fulcrium’s leadership and with those involved in selecting, managing or working with suppliers and service providers.

Review

Fulcrium may review this statement periodically and update it where appropriate to reflect changes in its business, supply relationships, applicable legislation or governance practices.