NHBC Modern Slavery Statement

NHBC Modern Slavery Statement

In the Financial Year 1 April 2016 to 31 March 2017 NHBC has continued its commitment and its activities to combat any instances of slavery and human trafficking that may be present in its business and supply chain.

About NHBC

NHBC is the UK’s leading independent provider of warranty insurance for new homes. Its purpose is to work with NHBC registered house builders to help improve the construction standards of the new homes they build for the benefit of house-building industry.

NHBC supplies inspection services, guidance and training to builders and provides protection for homebuyers through its range of Buildmark warranty and insurance products.

With no shareholders, NHBC is able to invest surpluses in its purpose of helping to improve the quality of UK house-building. It also works with government and stakeholders to help shape housing policy.

NHBC is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. NHBC is a private company limited by guarantee. It has approximately 1,300 employees and operates in the UK.

NHBC supply chain

NHBC’s supply chain consists of the supply of goods and services required to support the delivery of NHBC’s trading activities.

NHBC’s supply chain continues to fit into three main categories:

  1. The settlement of claims activities (e.g. remedial works contractors and consultants who carry out work in relation to NHBC’s Buildmark warranty);
  2. Business to business services (e.g. marketing and events, IT and telecoms, travel, car fleet, consultancy and other professional services including outsourcing arrangements);
  3. Operational services – all other procurement of goods and services (e.g. PPE, cleaning, catering, stationery, maintenance of NHBC’s offices etc.).

There has been no change to the type of supplier within the NHBC supply chain during the year and we have taken further steps to reduce the risk in our supply chain through:

NHBC considers that the risk of modern slavery within its supply chain has been reduced with these improvements.

Update on activity following NHBC’s 2016 statement

NHBC has continued with its commitments made to Modern Slavery in the 2016 statement and made progress as follows:

Looking ahead to financial year 17/18

During the Financial Year 1 April 2017 to 31 March 2018 (inclusive) NHBC will further build upon progress made since the 2016 statement and focus on:

This statement is made pursuant to section 54(1) of the Modern Slavery Act 2015, and constitutes NHBC’s slavery and human trafficking statement for the financial year ended 31 March 2017.

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Chief Executive Officer                              Date: 29th September 2017