Modern Slavery Statement

Calendar Year: 2024

At Hoonartek, we are committed to preventing modern slavery and human trafficking in our business operations and supply chains. This statement outlines the steps we have taken during the current year to identify, mitigate, and address these risks.

Our Commitment

We have a zero-tolerance approach to modern slavery and are dedicated to upholding human rights in all aspects of our business. This includes ensuring transparency in our operations and supply chains.

Our Structure and Supply Chains

Hoonartek is the world’s leading data, digital, and AI solutions company offering technology services to companies in Banking. FSI, Telco, Media, Retail, ISV, Healthcare and others globally.

We work with software Original Equipment Manufacturers (OEMs), Systems Integrators (SIs), and other service delivery vendors globally.

Policies in Relation to Modern Slavery

  • A clear modern slavery policy available to all employees and suppliers.
  • A code of conduct promoting ethical behavior across the business.
  • A whistleblowing policy enabling reporting of unethical practices, including slavery.
  • Risk Assessment and Due Diligence
  • We assess potential risks in our supply chain by:
  • Mapping our supply chains to identify areas of high risk.
  • Conducting audits and assessments of suppliers.

Training

We provide training to employees and partners to ensure awareness and understanding of modern slavery risks.

Future Plans

We will continue to develop our approach to combatting modern slavery through improved due diligence processes, policy development, and supplier engagement.

This statement has been approved by the board.

Signed by:

Shriram P V
Chief Operating Officer
Hoonartek

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