Last Updated: March 2025
1. Introduction
Formulaic Agency (“Formulaic,” “we,” “our,” or “us”) is committed to ethical business practices and upholding human rights. We have a zero-tolerance approach to modern slavery, forced labor, and human trafficking within our operations and supply chain.
This policy outlines our commitment to preventing slavery and human trafficking in accordance with the UK Modern Slavery Act 2015.
2. Our Business & Supply Chain
Formulaic Agency is a marketing and advertising company providing digital marketing, advertising, and lead generation services. While our direct operations do not involve physical labor, we work with contractors, freelancers, and third-party suppliers, including:
- Marketing consultants and freelance creatives
- Software and technology providers
- Project management and CRM platforms
- Advertising and analytics partners
We recognize the responsibility to ensure ethical labor practices within our supply chain and take steps to prevent modern slavery and human trafficking.
3. Our Commitment & Due Diligence
To reduce the risk of modern slavery and human trafficking, we implement the following:
A. Ethical Standards for Contractors & Freelancers
- All contractors, freelancers, and third-party service providers must confirm that they:
- Do not use forced labor, child labor, or exploitative work conditions
- Provide fair wages and working conditions
- Comply with relevant labor laws in their country of operation
- We reserve the right to terminate contracts with any party found in violation of these principles.
B. Vetting & Supplier Approval Process
We will establish a basic vetting process for freelancers and suppliers, ensuring they:
- Have a legal business registration (if applicable)
- Agree to uphold ethical labor practices
- Do not have a history of forced labor or exploitation
C. Ongoing Monitoring & Reviews
- We will conduct an annual review of our suppliers, freelancers, and contractors to ensure compliance.
- We will update our processes as necessary to maintain ethical business operations.
4. Employee & Contractor Awareness
Formulaic Agency will:
- Ensure that all employees, contractors, and freelancers are aware of this policy.
- Provide guidance on identifying and reporting concerns related to modern slavery.
5. Reporting Concerns (Anonymous Whistleblowing)
Formulaic Agency encourages employees, contractors, and external parties to report any concerns regarding modern slavery or unethical labor practices. Reports can be made anonymously via:
📩 Email: slavery@formulaicagency.com
All reports will be taken seriously and investigated in line with our ethical business commitments.
6. Responsibility & Policy Enforcement
- Compliance with this policy is overseen by Formulaic Agency’s leadership team.
- Any employee, contractor, or supplier found violating this policy will face appropriate action, including contract termination or legal reporting.
7. Policy Review & Updates
This policy is reviewed annually to ensure continued compliance with legal and ethical standards.