Magna Group is OEKO-TEX SteP SIX qualified to have a “Made in Green” label applied to our product. We are proud to have numerous accreditations which reflect our commitment to quality, our passion for textiles, our sustainability and dedication to ethics. Our expansion strategy envisages a plan that helps balance economic growth with embedding a culture of sustainable development for the environment and community.
Magna Group has a dedicated and experienced team of experts responsible for training and advising our management and staff on all matters related to CSR. In addition, they also communicate with customers about labour, environment, health and safety matters at Magna.
This Modern Slavery and Human Trafficking Statement is a response to Section 54(1), Part 6 of the Modern Slavery Act 2015 and relates to actions and activities for the financial year ending 31 May 2023.
MAGNA COLLECTION LTD (‘the Company', 'we', 'us' or 'our') is committed to preventing slavery and human trafficking violations in its own operations, its supply chain, and its products. We have zero tolerance towards slavery and require our supply chain to comply with our values.
MAGNA COLLECTION LTD is the subsidiary of the MAGNA group, the parent company being
MAGNA PROCESSING INDUSTRIES PVT LTD, and has business operations in the United Kingdom, as well
We operate in the HOME TEXTILE sector. The nature of our supply chains is as follows: We work with a number of key direct suppliers who provide us with goods and services for our operations. For more information about the Company, please visit our website: www.magnacollectionltd.com
As part of our efforts to monitor and reduce the risk of slavery and human trafficking occurring in our supply chains, we have adopted the following due diligence procedures
Our due diligence procedures aim to:
The Company has evaluated the nature and extent of its exposure to the risk of slavery and human trafficking occurring in its UK supply chain through:
We consider that we operate in a high-risk environment because the majority of the supply chain is based in developing countries.
We do not tolerate slavery and human trafficking in our supply chains. Where there is evidence of failure to comply with our procedures by any of our suppliers, we will require that supplier to remedy the non-compliance.
The Company uses Key Performance Indicators (KPIs) to measure its effectiveness and ensure that slavery and human trafficking is not taking place in its business and supply chains. These KPIs are as follows:
The Company requires its staff to complete training and ongoing refresher courses on slavery and human trafficking. The Company's training covers:
The statement was approved by the board of directors.
Date 1 June 2023
