Legal & Policies
Modern slavery statement
This is the modern slavery statement of the Nuclear Liabilities Fund and the Nuclear Liabilities Fund Limited (the ‘Fund’) made pursuant to section 54(1) of the Modern Slavery Act 2015 (the ‘Act’)
The Fund’s purpose is to receive and hold monies, investments and other assets, in order to secure funding for discharging certain decommissioning liabilities related to EDF Energy’s UK nuclear power stations which were in existence in 1996 and are operational in the UK today. The Fund seeks to conduct its business honestly and with integrity at all times and is committed to abolition of modern slavery and human trafficking. The Fund promotes transparency and openness in relation to the goods and services it receives. As part of its procurement and ongoing assurance processes, the Fund requires service providers and potential service providers to demonstrate what policies they have in place and what steps they have taken to prevent modern slavery and human trafficking. This extends to understanding what due diligence the Fund’s service providers carry out in relation to their own suppliers and what risks are associated with their businesses. This statement was approved by the Trustees and Board of Directors of the fund on 27 September 2022.
This statement is reviewed annually.