Modern Slavery Statement

Effective Date: March 2025

1. Introduction

At NBS Group, we are committed to upholding human rights and eliminating all forms of modern slavery, forced labour, and human trafficking in our operations and supply chains. We recognise our responsibility to take meaningful steps to address and prevent the risks of modern slavery as part of our ethical business practices.

This Modern Slavery Statement outlines the actions we are taking to identify, assess, and address modern slavery risks in accordance with the Modern Slavery Act 2018 (Cth).

2. Our Structure, Operations, and Supply Chains

NBS Group is an Australian-owned company based at:

1/30 Chancellor Village Blvd, Sippy Downs, Queensland 4556, Australia
Email: enquiries@nbsgroup.org

We develop natural algae solutions to drive human development across the world. Our operations are primarily based in Australia, with suppliers both locally and internationally depending on the needs of our business.

Our supply chains may include:

  • Office and IT equipment suppliers
  • Professional service providers
  • Subcontractors and consultants
  • Facility and property management providers

3. Our Commitment to Combating Modern Slavery

NBS Group is committed to:

  • Acting ethically and with integrity in all our business dealings
  • Implementing and enforcing effective systems and controls to mitigate the risk of modern slavery in our operations and supply chains
  • Promoting transparency and accountability throughout our supply chains

4. Risk Assessment and Due Diligence

We have commenced an internal review of our supply chains to identify areas where there may be a risk of modern slavery practices. While our direct operations are considered low risk due to being based in Australia and employing local staff, we acknowledge that certain imported goods and offshore services may carry a higher risk.

Our due diligence process includes:

  • Evaluating the geographical location and nature of suppliers
  • Reviewing supplier policies on labour and human rights
  • Engaging with suppliers to ensure alignment with our ethical standards

5. Actions and Controls

To minimise the risk of modern slavery, we are implementing the following measures:

  • Inclusion of anti-slavery clauses in supplier and subcontractor contracts
  • Supplier screening and onboarding processes that consider labour practices
  • Training for key staff on identifying and reporting modern slavery risks
  • Ongoing monitoring and risk assessments of our supply chains

6. Measuring Effectiveness

We aim to measure the effectiveness of our actions by:

  • Tracking supplier compliance with our ethical standards
  • Recording and responding to any incidents or reports of modern slavery
  • Regular reviews of our internal policies and procedures

7. Training and Awareness

We are committed to educating our staff about modern slavery risks through internal awareness programs. Relevant employees will receive guidance on recognising signs of modern slavery and how to respond appropriately.

8. Continuous Improvement

We understand that identifying and addressing modern slavery risks is an ongoing process. We are committed to continuous improvement and regularly reviewing our approach to ensure we uphold the highest ethical standards.

9. Contact and Reporting

If you have any concerns or questions regarding this statement or suspect any form of modern slavery connected to NBS Group’s operations, please contact us:

NBS Group
Email: enquiries@nbsgroup.org
Address: 1/30 Chancellor Village Blvd, Sippy Downs, Queensland 4556, Australia