Modern Slavery Statement
Tackling Modern Slavery
This statement is made pursuant to the United Kingdom’s Modern Slavery Act 2015, section 54. It constitutes Keyloop’s modern slavery & human trafficking statement for the 2021 financial year which ended up 31 December 2021. It is intended to cover all entities within the Keyloop group.
Forced, bonded or compulsory labour, human trafficking and other kinds of slavery and servitude represent some of the gravest forms of human rights abuse in any society.
We will not tolerate any such activities within our own operations or within our supply chain and are committed to taking appropriate steps to ensure that everyone who works for Keyloop – in any capacity, anywhere in the world – benefits from a working environment in which their fundamental rights and freedoms are respected.
This is the first statement of Keyloop (previous statements being authored by our previous owner CDK Global). Within it we report on our efforts to prevent modern slavery in line with the requirements of the UK Modern Slavery Act (2015). We remain as focussed on the rights and wellbeing of the people who work for Keyloop – and for our suppliers – as we were when part of CDK Global.
Our Statement provides details of our policies, our approach and the actions we have taken in the 2021 financial year to further strengthen our programme and commitment to respect and uphold people’s fundamental rights and freedoms.
Keyloop’s mission is to create and connect technology that advances the car buying and ownership experience in partnership with dealers and OEMs. It is a leading global provider of software solutions to the auto retail industry, serving approximately 18,000 dealer sites and most automotive manufacturers, in 100 countries. Headquartered in the UK, Keyloop also has operations across EMEA and Asia.
Our Supply Chain
Keyloop uses our suppliers’ authorised networks of affiliates and distributors throughout the world. Every new supplier goes through our supplier set-up process, which involves review by a number of Keyloop teams (for example Legal and Procurement) to ensure that a suitable contract is in place.
Our Principles, Codes & Policies
We are committed to ensuring that there is no modern slavery or human trafficking in our supply chains or in any part of our business. Our Supplier Code of Business Conduct reflects our commitment 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.
We take the following steps to achieve this commitment
- Keyloop’s policy is to require all suppliers to adhere to Keyloop’s Supplier Code of Business Conduct (or, exceptionally, the supplier’s own code of conduct provided that this incorporates substantially similar requirements and is vetted by our Legal & Compliance Team);
Keyloop provides guidance and training so that all employees understand Keyloop’s values and how we do business; and
Keyloop maintains a Whistleblowing Policy which sets out how employees can raise concerns without fear of retaliation. Employees can confidentially report concerns which may include modern slavery and human trafficking issues. These reports are then investigated in accordance with Keyloop’s policies and procedures.
Keyloop periodically reviews the effectiveness or our processes and systems; any changes will be reflected in future annual statements.
This statement was approved by the Keyloop Holdings (UK) Limited Board of Directors in March 2022 and signed on their behalf by our CEO.