INTRODUCTION
This Modern Slavery Statement is made pursuant to section 54(1) of the Modern Slavery Act 2015 and constitutes Falko Regional Aircraft Limited, Falko (Ireland) Limited and any of their affiliates (together defined as the “Falko Group”) modern slavery statement. This policy statement will be reviewed annually and published.
The Falko Group has a zero-tolerance approach to any form of modern slavery and human trafficking. We are committed to acting ethically, with integrity and transparency in all business dealings and to implementing effective systems and controls to help safeguard against any form of modern slavery within our business or our supply chain.
We are committed to ensuring transparency in our business and in our approach to tackling modern slavery throughout our supply chains, and we expect the same high standards from all our lessors, contractors, suppliers, and other business partners.
OUR ORGANISATION
The Falko Group is the world’s largest aircraft lessor and asset management company solely focused on the 70 – 150 seat aircraft segment and is one of the longest standing lessors and managers of aircraft of this size globally.
The Falko Group represents a portfolio of various small commercial aircraft types, including Embraer E-Jets, Bombardier CRJs, ATR 72, Airbus A220 and de Havilland Dash 8s. The Falko Group has offices in Hatfield, Dublin and Singapore.
OUR SUPPLY CHAIN
We primarily source commercial aircraft, aircraft parts and components; engaging with suppliers from across the world.
The Falko Group are committed to procuring services only from suppliers which demonstrate ethical principles. We will not knowingly carry out business with any supplier engaged in modern slavery or human trafficking.
SUPPLY CHAIN RISK ASSESSMENT
As part of our compliance programme, the Falko Group completes know-your-customer (“KYC”) checks on customers and suppliers of aircraft, aircraft parts or components. The KYC process confirms the counterparty’s identity, understanding the nature of their activities and gaining assurance as to the source of funds.
TRAINING
We are committed to providing a mandatory training module on modern slavery to all employees across the Falko Group, including senior management.
COMPLIANCE
The Falko Group Management team shall have responsibility for implementing the Modern Slavery Act Statement and Modern Slavery Policy along with its objectives and shall provide adequate resources and investment to help ensure that slavery and human trafficking do not take place within the organisation or its supply chains.