Syniti is committed to treating all employees and workers with dignity, respect, and ethics. Syniti has a zero-tolerance approach to modern slavery. We are fully committed to preventing slavery and human trafficking in our corporate activities, as well as ensuring there is transparency in our own business and in our approach to tackling modern slavery throughout our supply chains, consistent with our disclosure obligations under the United Kingdom Modern Slavery Act 2015 and others applicable laws.
This statement sets out Syniti’s actions to understand all potential modern slavery risks related to our business and to ensure steps are maintained to prevent slavery and human trafficking.
Syniti is a software and services company focused on data migration, data quality, data replication, master data management, analytics, data governance, and data strategy. Syniti has partnered with the Fortune 2000 customers to unlock valuable insights that ignite growth, reduce risk and increase their competitive advantage. We are a leading specialist in our sector. Syniti is a portfolio company of private equity firm Bridge Growth Partners LLC
Our Approach and Supplier Due Diligence
As a software and data management service provider, we have a relatively short supply chain activity, working with other IT suppliers, leasing properties, purchasing office materials, marketing services, professional services, and others. We assess that our suppliers have a low risk in relation to slavery or human trafficking; however, we are committed to ensuring that modern slavery does not take place anywhere within our business.
As and when we have contractors or suppliers come on board, we pre-qualify them through diligence efforts relating to company performance, background checks, compliance questionnaires, and references from other customers to establish that they are suitable. Moreover, we ask our suppliers to adhere to our compliance policies and, when applicable provide training.
As part of our initiative to identify and mitigate risks, we have systems in place to:
• Identify and assess potential risk areas when considering taking on new suppliers.
• Regularly review our existing supply chains.
• Monitor potential risk areas in our supply chains.
• Mitigate the risk of slavery and human trafficking occurring in our supply chains.
• Protect whistleblowers.
To date, we haven’t been made aware of any human trafficking or slavery activities within our supply chain. If our future diligence efforts reveal any such activities then our policies and training effectively equip us to act immediately in accordance with our legal and moral obligations.
Our Modern Slavery and Human Trafficking Statement reflects our commitment to acting ethically and with integrity in all our business relationships and to implementing effective systems and controls to ensure slavery and human trafficking are not taking place anywhere in our supply chains.
As a global organization, Syniti is committed to doing business professionally and ethically, our Global Code of Conduct and our Supplier Code of Conduct seek to outline our highest standards and expectations relating to how we conduct our business in compliance with applicable laws and regulations. Syniti’s Code of Conduct and Supplier Code of Conduct ensure that our employees and personnel act with ethical behavior when managing our suppliers.
We encourage all of our employees, customers, and business partners to report any concerns or suspect violations to our policies or applicable laws to a reporting channel, including a global ethics & compliance hotline, human resources representative, our Legal Department, and others. Our whistleblowing procedure is designed to make it easy for workers to make disclosures, without fear of retaliation.
Training and Revision
We have zero-tolerance to slavery and human trafficking. All employees and business partners must review and comply with Syniti Code of Conduct and this policy. Any breach of this policy is likely to constitute serious disciplinary action and prosecution under the Modern Slavery Act. Any non-compliance may lead to dismissal, criminal liability, and serious damages to the reputation of the Company.
To maintain awareness and ensure a high level of understanding of the risks of modern slavery and human trafficking in our business Syniti has a Modern Slavery and Human Trafficking Statement and provides compliance training periodically.
This statement is made pursuant to section 54(1) of the Modern Slavery Act 2015 and constitutes the slavery and human trafficking statement for the financial year ending 2020-2021 for Syniti and its subsidiaries.