UK Modern Slavery Act Statement

UK Modern Slavery Act Statement

 

CSI Leasing, Inc (“CSI” or the “Company”) is issuing this statement in compliance with the UK Modern Slavery Act of 2015.  This statement covers the Company’s fiscal year ending December 31, 2019.   While subject to annual periodic review, this statement remains effective for subsequent years unless or until withdrawn or amended by the Company.

The Company

CSI Leasing, Inc. is a multinational company with subsidiaries in over twenty countries throughout the world, including the United Kingdom. CSI is a wholly-owned subsidiary of Tokyo Century Corporation, a publicly traded Japanese company.  CSI’s primary business is leasing information technology and other types of equipment to corporate customers.

Supply Chain

CSI’s supply chain consists primarily of established and reputable information technology and other equipment manufacturers and their authorized resellers. In most cases, CSI’s leasing customers select the type of equipment they want to lease and the supplier of that equipment.  CSI sources office equipment and office supplies for the Company’s internal operations from various vendors throughout the world.

Modern Slavery and Human Trafficking Risks

CSI believes the risk of modern slavery in its business are very low.  The vast majority of equipment on CSI’s leases is manufactured by top tier manufacturers who are subject to very stringent compliance and labor practices. The suppliers of the equipment are reputable businesses. CSI does not do business or use suppliers located in regions of the world where risks of modern slavery, human trafficking or child labor are high.

Policy and Prevention

CSI’s Human Traffic and Forced Labor Policy prohibits Company employees from engaging in any form of human trafficking or unfair labor practices.  It also prohibits the Company from knowingly doing business with a company that engages in such practices.  Employees are required to report any suspicion of a violation of the policy.  Before CSI begins doing business with any customer or any supplier, CSI performs a compliance check against government watch lists and negative news, including allegations that the company has engaged in human trafficking or modern slavery.

CSI Leasing, Inc. does not tolerate any form of human trafficking or modern slavery. CSI is committed to ensuring that the Company does not knowingly or indirectly support these illegal activities. On behalf of the Board of Directors, this statement is approved for publication on CSI’s website.

 

Stephen G. Hamilton

Chief Executive Officer and Chairman of the Board

November 19, 2019