Slavery and Human Trafficking Policy
In January 2012, the state of California enacted the California Transparency in Supply Chains Act of 2010 (SB657). This Act requires manufacturers that do business in California to disclose their efforts, if any, regarding slavery and human trafficking in their supply chain.
LECO Corporation is in full support of California’s efforts to implement ethical labor practices and protect human rights. LECO is committed to maintaining high ethical standards with members in our supply chain and does not condone illegal or unethical activities anywhere in the world. LECO expects our suppliers to conduct their business in a similar manner with the same high standards.
Suppliers wanting to conduct business with LECO must agree to our terms and conditions, which includes this corporate policy on slavery and human trafficking. Through a risk-based approach, LECO will identify suppliers that might be at a higher risk for human rights issues. High-risk suppliers may be required to develop a corrective action plan prior to doing business with LECO. At LECO’s discretion, members of our supply chain are subject to an unannounced auditing process to ensure they continue to engage in business practices that are not morally, ethically, or legally compromising.
On an as-needed basis, LECO provides training to those employees that are directly responsible for supply chain management. Employees are trained in how to identify and mitigate issues, risks, and problems in the supply chain. LECO’s employees are required to understand and obey our business policies and LECO reserves the right to take disciplinary action against any employee who violates these terms.
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