MODERN SLAVERY STATEMENT 2025
Introduction
London Square Limited, its subsidiary companies and their joint ventures, which form the London Square Group ('London Square'), are an award-winning property developer, based in Uxbridge, Greater London and is a wholly owned subsidiary of Aldar Properties PJSC (Aldar).
London Square makes this statement on behalf of the London Square Group of companies, all of whom adopt its terms.
Supply Chain
The Group's supply chain comprises of a core of approved sub-contractors, suppliers and joint venture partners with whom London Square have long established relationships. London Square's success and reputation are directly linked to the supply chain's contribution, support and adherence to London Square's ethics and values. The Group seeks to work with companies who share our objectives and work in accordance with our policies on health and safety, ethical practice and environmental standards.
London Square continues to strive to deliver continuous improvement, by maintaining collaborative working relationships with all stakeholders enhancing the social and economic fabric of the communities in which we work. The Group's commitment to abolish Modern Slavery forms an integral part of this goal.
As a leading residential developer, London Square's homes are bespoke and are built using a diverse range of materials from across the globe, although local sourcing remains a priority. This diversity increases the risk of Modern Slavery in our supply chain, in the form of human trafficking and / or child labour.
To mitigate this risk, we have committed to buying more British materials. Currently this commitment extends to bathroom furniture, blocks, bricks, brickwork support, cavity trays, concrete lintels, doors, hardware, insulation, MDF mouldings (e.g. skirting and architrave), paint, signage, some kitchen furniture, steel lintels and mailboxes, wardrobes, chipboard flooring, some sanitaryware and plasterboard.
Policies and Due Diligence
Our supply chain and sub-contractors are required to confirm that they meet the minimum standards set out in our Social and Ethical questionnaire, which is taken from the Ethical Trading Initiative (ETI) Base Code and international labour laws.
Suppliers and sub-contractors are also required to create, maintain and apply their own ethical sourcing policies, or adopt the policies of London Square in the absence of these.
At the point of publication, 54% (suppliers and manufacturers) of our material and 63% of our sub-contractor supply chain have confirmed that they meet or exceed the Group's standards in relation to Modern Slavery. Where we identify a risk within the supply chain, we will work with the supplier to identify appropriate remedial actions.
Whistleblowing
London Square is committed to conducting business with honesty and integrity and encourages an open and accountable culture in all its dealings. Employees, sub-contractors, or suppliers who become aware or are concerned about improper, unethical or illegal behaviour may raise the matter through the Company's Whistleblowing process.
Employee Awareness and Training
The Group's Procurement and Commercial teams undertook Modern Slavery and Supply Chain Mapping, as well as Modern Slavery Training modules with the Supply Chain Sustainability School, in 2024. Further to this, from 2023 all employees have been enrolled in dedicated learning pathways with the school, which are specific to their job roles. All pathways include Modern Slavery awareness training, therefore helping to raise awareness of the signs of modern slavery in the workplace.
2025 Actions
The Group will continue to audit our supply chain's approach to preventing modern slavery through the Social and Ethical Questionnaire and where concerns are identified, audits will take place.
This statement is pursuant to Section 54 of the Modern Slavery Act and was approved by the Board of Directors for the 2024 year and signed on its behalf by:
Adam Lawrence
Chief Executive Officer
26 June 2025