8th January 2018
FY2016 Slavery and Human Trafficking Statement
1. About the Statement
Diamond Generating Europe Ltd. (“DGE”) is a wholly owned subsidiary of Mitsubishi Corporation, a global integrated business enterprise which develops and operates businesses across virtually every industry.
As a company doing business in the United Kingdom (“UK”), DGE has produced this FY2016 Slavery and Human Trafficking Statement (the “Statement”) in line with the requirements of Section 54 of the UK Government’s Modern Slavery Act 2015 (the “Act”).
The Statement is intended to communicate the steps that DGE has taken during the previous fiscal year of 1 April 2016 to 31st March 2017 (“FY2016”) to ensure that slavery and human trafficking are not occurring in any part of its business operations or supply chains. The definition of “slavery” and “human trafficking” are laid out in Section 1 and 2 of the Act. However, in recognition that these issues can manifest themselves in many ways depending on local circumstances, the Statement covers DGE’s efforts to prevent any form of worker exploitation through its business, ensuring that workers are safe and that all relevant laws and international standards are being upheld, including freedom of movement and communications.
The Statement has been approved by DGE’s Board of Directors and has been signed by Keiichi Suzuki, Chief Executive Officer of DGE.
The Statement is publicly available on DGE’s website at the following link: www.dg-europe.com
2. About DGE
DGE is a power generation company established in September 2012 in London with operations across Europe and the Middle East. The business is currently made up of wind assets in the Netherlands, Belgium and France, solar assets in Portugal, France, Spain and Jordan and thermal power units under operation and construction in Jordan and Qatar. Investments typically include a relatively high level of project financing from third party banks. For more information on DGE’s history and business strategy, please visit the following link: www.dg-europe.com
3. DGE’s Philosophies and Principles
DGE conducts its business in line with the philosophy and principles of Mitsubishi Corporation.
The Three Corporate Principles – Corporate Responsibility to Society, Integrity and Fairness, Global Understanding through Business – established in the Company’s history, serve as Mitsubishi Corporation’s core philosophy.
Based upon these Principles, the Corporate Standards of Conduct lay down a set of key, high-level commitments which form the basis of the company’s compliance and risk management systems.
Furthermore, the Code of Conduct provides a set of rules based on both national and international standards to ensure that the company’s employees are upholding the highest level of ethical conduct in their day-to-day business.
4. DGE’s Activities in FY2016 related to Prevention of Slavery and Human Trafficking
DGE is involved in the construction and operation of power generation assets. DGE contracts reputable contractors for the work of construction and operation. Through the contracting process, DGE considers not only financial and legal risks but also environmental, social and governance (ESG) factors including human rights. DGE does not allow any contractors to act unlawfully.
5. Looking Ahead
DGE recognises the importance of maintaining constant vigilance to identify, prevent and mitigate adverse impacts associated with human rights, including slavery and human trafficking, throughout its business operations and supply chains.
Going forward, DGE plans to provide human rights training to all employees at board level, management level and operational level during FY2017.
DGE will continue to work closely with Mitsubishi Corporation to ensure that their respective commitments and activities remain closely aligned.
6. Approval by DGE’s Board of Directors
I, Keiichi Suzuki, hereby certify that the information contained in the above FY2016 Slavery and Human Trafficking Statement is factual and has been approved by the Board of Directors of Diamond Generating Europe Limited.
Chief Executive Officer
Diamond Generating Europe Limited
8th January 2018