Modern slavery
Modern Slavery Statement for Wordsmith AI Inc.
Introduction
Commitment: Wordsmith AI Inc. is committed to ensuring that modern slavery or human trafficking is not present in our business or supply chain. This statement is made pursuant to Section 54(1) of the Modern Slavery Act 2015 and constitutes our company's slavery and human trafficking statement.
Organizational Structure
Company Details: We are an AI technology company with a focus on developing advanced language processing tools. We have a small team and operate solely in the United States, with our registered office at 251 Little Falls Drive, Wilmington, New Castle County, Zip Code 19808, Delaware, USA.
Policies on Slavery and Human Trafficking
Zero Tolerance: We have a zero-tolerance approach to any form of modern slavery.
Ethical Standards: We are committed to acting ethically and with integrity in all business dealings.
Due Diligence Processes
Internal Review: Regular reviews of our internal processes to ensure compliance.
Employee Vetting and Support: Rigorous checks on all employees and support provided to ensure their welfare.
Risk and Compliance
Low Risk Profile: Given our nature of operations and geographical location, we assess the risk of modern slavery within our business as low.
Compliance Monitoring: Continuous monitoring to ensure compliance with legal standards.
Training
Awareness Programs: To ensure a high level of understanding of the risks of modern slavery and human trafficking in our supply chains and our business.
Effectiveness in Combating Slavery and Human Trafficking
Regular Audits: We regularly audit our practices to ensure compliance and effectiveness.
Continuous Improvement: We are committed to continuously improving our practices to combat slavery and human trafficking.
CEO Statement
Approval: This statement has been approved by our CEO, Ross McNairn, who will ensure that it is reviewed annually and updated as necessary.
Approval and Review
Date of Approval: 19th Jan 2024
This statement reflects Wordsmith AI Inc.'s commitment to preventing modern slavery in all forms within its operations, emphasizing ethical business practices, continuous monitoring, and employee well-being.