Modern Slavery Statement for Thehyde Storage

Thehyde Storage is committed to conducting business ethically, responsibly, and with respect for human rights. This modern slavery statement sets out the steps we take to prevent slavery, human trafficking, forced labour, and all forms of exploitation within our operations and supply chains. We recognise that vigilance is essential, and we maintain a zero-tolerance policy toward any practice that undermines dignity or lawful employment.

Our commitment applies across every level of the business, including procurement, storage operations, logistics, and third-party relationships. We expect all colleagues, contractors, and partners to uphold the same principles. Thehyde Storage promotes fair treatment, lawful working hours, safe conditions, and freely chosen employment. Any breach of these expectations is treated seriously and may result in immediate corrective action, contract termination, or referral to the appropriate authorities.

Governance and Due Diligence

We take a structured approach to identifying and reducing risk. As part of our anti-slavery framework, we assess supplier relationships before entering into agreements and monitor them throughout the relationship. This includes reviewing ownership structures, labour practices, recruitment methods, subcontracting arrangements, and country-specific risk factors. Our internal controls are designed to ensure that ethical standards remain central to procurement decisions and operational oversight.

Supplier Audits and Corrective Action

Supplier audits are a key part of our supply chain assurance process. Where appropriate, Thehyde Storage conducts scheduled and risk-based audits to confirm compliance with our requirements. These audits may include document reviews, management interviews, workforce checks, and site observations. If concerns are identified, we require prompt corrective action plans, track progress, and re-evaluate the relationship if improvements are not achieved.

Training and Awareness

We believe that informed people are more likely to detect risk early. Employees involved in purchasing, operations, and supplier management receive awareness training on recognising indicators of exploitation and understanding reporting obligations. This training supports a culture of responsibility and helps ensure that our Thehyde Storage modern slavery policy is embedded in everyday decision-making. We also encourage suppliers to educate their own teams and to adopt similar safeguards.

In addition to training, we maintain internal guidance on ethical recruitment, worker treatment, and escalation procedures. These measures help reduce the risk of hidden labour abuses and support consistent standards across our wider business environment. By reinforcing accountability at each stage, we aim to prevent exploitation before it occurs.

Reporting Channels and Whistleblowing

We provide clear reporting channels so that concerns can be raised safely and in good faith. Any individual who suspects slavery, trafficking, coercion, debt bondage, or unsafe labour practices is encouraged to report it through internal management routes or designated whistleblowing procedures. Reports are handled confidentially, and retaliation is not tolerated. We take every concern seriously and investigate appropriately, while protecting those who come forward.

Monitoring, Review, and Continuous Improvement

Our commitment is not static. Thehyde Storage conducts an annual review of this statement, our controls, and our progress in addressing modern slavery risks. The review considers audit findings, training completion, reported concerns, supplier performance, and any changes in legal or operational risk. Where needed, we strengthen our processes to ensure our response remains effective and proportionate.

Continuous improvement is central to our approach. We recognise that modern slavery risks can evolve, particularly within complex supply networks. For that reason, we remain alert to emerging threats, update expectations for suppliers, and refine our monitoring methods. Our aim is to maintain a resilient ethical framework that reflects both legal obligations and our wider social responsibility.

This statement reflects the values of Thehyde Storage and our determination to uphold human rights throughout our business. Through zero tolerance, supplier audits, robust reporting channels, and annual review, we continue to strengthen our response to modern slavery. We will keep working to ensure that our operations and supply chains remain transparent, lawful, and respectful of every person involved.