KGM Motors UK Modern Slavery statement
Introduction
KGM Motors UK is committed to preventing acts of modern slavery and human trafficking from occurring within its business and supply chain and places the same expectations on its suppliers.
Structure of the organisation
KGM Motors UK is the sole and official distributor and franchisor for KG Mobility (Korea) vehicles and parts in the UK. KG Mobility vehicles and parts are sold in the UK through authorised dealers appointed by KGM Motors UK.
KGM Motors UK is a wholly owned subsidiary of the Bassadone Automotive UK Limited, registered in Gibraltar (‘BA’). BA has been granted the distribution rights for KG Mobility products by the manufacturer (KGM in Europe). BA has delegated the UK distribution rights to KGM Motors UK. All vehicles and 95% of vehicle parts are purchased by KGM Motors UK from KG Mobility, Korea.
Policies, contracts and training
As part of KGM’s commitment to combating modern slavery, KGM Motors UK, has:
- Implemented a whistleblowing policy to assist with the reporting of suspicions of slavery or human trafficking or other compliance concerns;
- is revising relevant contracts to mandate business partners to: (i) take steps to ensure their supply chain is free from human trafficking and slavery, and (ii) provide regular awareness training to their staff and contractors;
- is providing company-wide awareness guidance to help its staff and contractors identify and report any slavery or human trafficking concerns.
Due Diligence
As part of KGM Motors UK’s efforts to monitor and reduce the risk of slavery and human trafficking occurring within its supply chains, its purchase processes are being reviewed to assess the risk of slavery or human trafficking. In instances, where risks are considered high, additional due diligence will be undertaken. These additional measures may include supplier questionnaires and audits.
Further actions and sign-off
KGM Motors UK procedures are under regular review and the business intends to intensify its efforts to minimise all compliance risks in the forthcoming years.
This statement is made in accordance with section 54(1) of the Modern Slavery Act 2015 and constitutes KGM Motors UK’s slavery and human trafficking statement for the financial year commencing 1st January 2024 and ending 31st December 2024.
Kevin Griffin, Managing Director
KGM Motors UK
Date: 1st January 2024