Brent Oil Price:
Latest News:

MODERN SLAVERY STATEMENT & HUMAN TRAFFICKING STATEMENT 2020

1. Statement

Tailwind started operations in the second half of 2018, following two acquisitions: one of assets, and one of a company. Tailwind is committed to establishing effective practices to combat slavery and human trafficking. This statement is made pursuant to section 54(1) of the Modern Slavery Act 2015 and constitutes the Tailwind Group's slavery and human trafficking statement for the financial year ending 31 December 2019.

2. Organisation's structure and business

We are a small independent oil and gas development and production company operating in the UK. Further details of our assets can be found on our website. All of Tailwind’s assets are operated through its subsidiary, Tailwind Mistral Ltd.

3. Our policies on slavery and human trafficking

We are committed to preventing modern slavery or human trafficking in our supply chains or in any part of our business. Our Code of 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 prevent slavery and human trafficking taking place as far as possible.

4. Our supply chains and due diligence

We take a risk-based approach to safeguarding against modern slavery taking place within our business or supply chain. We request that suppliers are registered with First Point Assessment Ltd ("FPAL"). FPAL provides a service for buyers in the oil and gas sector which identifies, evaluates and provides pre-qualification information about suppliers and their supply chain compliance practices. Further information on FPAL can be found at www.fpal.com. For any suppliers not registered with FPAL, Tailwind follows its own due diligence process. Supplier adherence to our values. We have zero tolerance to slavery and human trafficking. We require all those in our supply chain and contractors to comply with our values. 

5. Training

To ensure a high level of understanding of the risks of modern slavery and human trafficking in our supply chains and our business, we provide training to our staff.

6. Our effectiveness in combating slavery and human trafficking

We review annually how effective we have been to ensure that slavery and human trafficking is not taking place in any part of our business or supply chains. Following a review of the effectiveness of the steps we have taken in 2019 to ensure that there is no slavery or human trafficking in our supply chains we intend to take the following further steps to combat slavery and human trafficking:

6.1 Publish a summary of Tailwind’s Code of Conduct and related policies, including anti-slavery, on Tailwind’s website

6.2 Provide annual training to staff and contractors on Tailwind’s Code of Conduct

6.3 Include a specific modern slavery compliance clause in Tailwind’s standard contracts.

This statement was approved by the board on 12 February 2020.

Signed by Steve Edwards
Chief Executive Officer
Tailwind Energy Ltd

Date: 27 March 2020