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Modern Slavery and Human Trafficking Act Statement

Introduction

Although Precog Ltd is not legally required to publish a statement under the Modern Slavery Act 2015, we recognise the importance of taking a proactive stance against modern slavery and human trafficking. We are committed to ensuring that our business operations and supply chains are free from exploitation.

Our Business

Precog Ltd is a consultancy firm based in the UK. Our services focus on providing research, design, and innovation services. We employ a small team and occasionally work with contractors, partners, and suppliers.

Our Supply Chains

Our supply chains are limited, mainly involving professional services, digital tools, office supplies, and freelance contractors. While overall risk is low, we recognise that some categories, such as office equipment, outsourced digital services, and global software providers, may present higher risks due to complex international supply chains.

Our Commitment and Policies

We are committed to:

  • Acting ethically and with integrity in all our business dealings

  • Ensuring there is no modern slavery or human trafficking in our supply chains

  • Including expectations on labour rights and ethical practices in contractor and supplier agreements.

Due Diligence and Risk Management

To mitigate risks, we will:

  • Assess new suppliers for ethical standards where appropriate

  • Maintain clear communication with contractors and partners on our expectations

  • Investigate any concerns raised regarding labour practices

Training and Awareness

We ensure our team understands:

  • What modern slavery is and how to spot signs of it

  • How to raise concerns safely and responsibly

Measuring Effectiveness

We will measure our progress through:

  • Annual review of key suppliers against our ethical standards

  • Tracking the percentage of staff and contractors who receive awareness briefings on modern slavery

  • Updating this statement annually to reflect progress and next steps

Future Steps

Over the next 12 months, we aim to:

  • Formalise a supplier code of conduct

  • Conduct a light-touch review of key suppliers annually

  • Update this statement as our business grows and risks evolve

Approval

This statement has been approved by the Director of Precog Ltd.

01/07/2025

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