Picador Plc Modern Slavery Statement

Slavery and Human Trafficking Statement for Picador Plc

Introduction from Picador Plc CEO

Slavery and human trafficking are a tragic and sad manipulation of vulnerable people across the globe.  We all have a responsibility to be alert, however small, in our business and in the wider supply chain.  Should a concern arise within our business, our staff are expected to report it to their Line Manager and then management are expected to act upon it.

Organisation Structure

Picador Plc are a group of automotive retailers selling new and used vehicles as well as being a provider of servicing and parts. Picador Plc is a private limited company with its head office in the UK (Southampton) and all trading outlets are in the UK (South of England).The group has an annual turnover in excess of £40m.

Our Business

Our business is organised across the three different brands we represent – Vauxhall, Renault and Dacia.

Our Supply Chain

Our supply chains principally include the supply of vehicles and parts from the manufacturers we represent.

Our Policies on Slavery and Human Trafficking

We are committed to, where possible and practical, due to the breadth of our business and supply chains, to ensuring that there is no modern slavery or human trafficking in our supply chains or in any part of our business.  We are committed to acting ethically and with integrity in all our business relationships and to implementing and enforcing effective systems and controls to ensure slavery and human trafficking is not taking place anywhere in our supply chains.

Due Diligence Process for Slavery and Human Trafficking

As part of our initiative to identify and mitigate risk –

• We manage retail dealerships in-line with best practice UK automotive standards;
• The geographical scope of our premises are limited to Hampshire, Southern England, allowing us to have firm control on our activities and being able adequately to oversee them;
• Where possible we build long standing relationships with local suppliers and, make clear our expectations of business behaviour;
• With regards to national or international supply chains, our point of contact is the represented personnel of our UK-based manufacturer partners and we expect these entities to have suitable anti-slavery and human trafficking policies and processes. We expect each entity in the chain to, at least, adopt ‘one-up’ due diligence on the next link in the chain. It is not practical for us (and every other participant in the chain) to have a direct relationship with all links in the chain.
• We have in place systems to encourage the reporting of concerns and the protection of whistle blowers.

Supplier Adherence to Our Values

We have zero tolerance to slavery and human trafficking. We expect all those in our supply chain and contractors to comply with our values.

Our Directors are responsible for compliance in their respective dealerships and for their supplier relationships.

Training

To ensure a high level of understanding of the risks of modern slavery and human trafficking in our supply chains and our business, we provide training to relevant members of staff. All Directors have been briefed on the subject.

Our Effectiveness in Combating Slavery and Human Trafficking

We use the following key performance indicators (KPIs) to measure how effective we have been to ensure that slavery and human trafficking is not taking place in any part of our business or supply chains:

• Identify high risk within our supply chain and obtain their compliance every two years;
• Use of labour monitoring and payroll systems to determine compliance with Living/Minimum wage rates and Working Time Regulations; and
• This statement is made in accordance to section 54(1) of the Modern Slavery Act 2015 and constitutes our slavery and human trafficking statement.

Graham Jacobs

CEO

Picador Plc