Purpose: SREE LAKSHMI CONTAINER CONCEPTS is committed to
upholding the principles of ethical business conduct and human rights. This policy outlines our commitment to eliminating forced or involuntary labor within our organization and throughout our supply chain. Scope: This policy applies to all employees, contractors, vendors, suppliers, and anyone engaged with SREE LAKSHMI CONTAINER CONCEPTS in any capacity. Policy Statement: 1. Prohibition of Forced Labor: SREE LAKSHMI CONTAINER CONCEPTS strictly prohibits the use of forced or involuntary labor in any form, including but not limited to bonded labor, human trafficking, and debt bondage. 2. Compliance with Laws: SREE LAKSHMI CONTAINER CONCEPTS complies with all applicable labor laws and regulations related to forced labor, including the International Labour Organization (ILO) Conventions and national laws. 3. Verification and Due Diligence: SREE LAKSHMI CONTAINER CONCEPTS conducts due diligence to identify and assess the risks of forced labor within our supply chain. We require our suppliers to adhere to the same standards and engage in responsible labor practices. 4. Supplier Compliance: SREE LAKSHMI CONTAINER CONCEPTS expects all suppliers to adhere to our forced labor policy. We require suppliers to certify their compliance with these standards and engage in transparent and ethical business practices. 5. Training and Awareness: SREE LAKSHMI CONTAINER CONCEPTS provides training and resources to employees, contractors, and suppliers to promote awareness and prevention of forced labor. 6. Reporting Violations: Employees, contractors, vendors, and suppliers are encouraged to report any suspected violations of this policy. Whistleblower protection is provided to safeguard those who report in good faith. 7. Investigation and Remediation: SREE LAKSHMI CONTAINER CONCEPTS will investigate any reported violations promptly and thoroughly. If forced labor is found, appropriate corrective actions will be taken, up to and including terminating business relationships. Review and Updates: SREE LAKSHMI CONTAINER CONCEPTS will regularly review and update this forced labor policy to ensure it aligns with legal requirements and best practices in ethical business conduct. This is a general outline of a forced labor policy. Actual policies may vary based on legal requirements and the specific industry standards and values of the organization. It is essential for organizations to have a written policy, communicate it to employees and stakeholders, and regularly review and enforce it to prevent and address forced labor issues effectively.