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MODERN SLAVERY & HUMAN TRAFFICKING STATEMENT 2022

1. Statement

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 2021.

2. Organisation's structure and business

We are an independent oil and gas development and production company operating in the UK. We employ 18 staff as well as suppliers of goods and services, of which over 95% of suppliers operate in the UK. Further details of our assets can be found on our website.

Tailwind’s assets are operated through its subsidiaries, Tailwind Mistral Ltd and Tailwind Energy Chinook 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. Due to the nature of our business, we evaluate the risk of slavery and human trafficking within our business and supply chain in general to be low. Nevertheless, we have screening processes in place to ensure the risk is managed in relation to the relevant circumstances. 

We introduced new enhanced due diligence processes during the past year, using third party screening services on all of our suppliers above a minimum value threshold or risk profile. We also verified that our joint venture partners and key suppliers were doing a similar level of due diligence. Where any queries arise from the due diligence, we review these together with our joint venture partners and key suppliers and together determine the most appropriate action to take to prevent slavery or human trafficking, or any other issues.

We include specific modern slavery compliance clauses in our contracts with suppliers, in addition to requiring suppliers to adhere to applicable laws.

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 annual training to our staff and key contractors.

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 during 2021 to ensure that there is no slavery or human trafficking in our supply chains we are satisfied that our processes are robust, and we have not identified any new actions to mitigate risks. Nevertheless, we will continue to monitor compliance with our policies and remain alert to identification of any new risks.


This statement was approved by the board on 4 April 2022.

Signed by Steve Edwards
Chief Executive Officer
Tailwind Energy Ltd

Date: 04 April 2022

Please click here to see the 2020 Modern Slavery Statement.
Please click here to see the 2021 Modern Slavery Statement.