Modern Slavery Statement

Company Overview

Established in 2019, Spiritrade Limited is the first dedicated digital exchange for the B2B drinks industry. Spiritrade now trades successfully in over 100 countries, offering a wide range of beers, wines, spirits, and champagnes. The company employs approximately 20 staff at its headquarters in London, United Kingdom.

Policies and Principles

Spiritrade recognises its obligations under the Modern Slavery Act 2015 and is committed to conducting business ethically and responsibly. We are dedicated to ensuring that modern slavery and human trafficking do not occur within our operations or supply chain.

We define modern slavery to include:

Human trafficking
Forced or compulsory labour
Servitude
Ownership of individuals by employers
Denial of freedom of movement
Dehumanisation and exploitation

We do not and will not engage in or support any form of modern slavery. We are committed to reviewing and improving our internal policies and external relationships to ensure these standards are upheld.

All employees are hired under guaranteed-hours contracts on either a full-time or part-time basis. Spiritrade does not offer or engage in zero-hours contracts. We exceed minimum UK employment standards and provide all staff with competitive compensation, performance assessments, and career development opportunities.

Risk Assessment and Due Diligence

We consider the risk of modern slavery within our business operations to be low. However, we remain vigilant and proactive in our approach. The following measures are in place to reduce the risk:

We conduct due diligence checks on all new suppliers before onboarding them onto the Spiritrade platform.
In 2024, we re-affirmed our zero-tolerance policy on modern slavery by directly engaging with our existing supplier and member base.
All suppliers and trading partners are required to confirm compliance with applicable laws and to inform us immediately if any violations are identified.
Any supplier or trading partner found to be engaging in modern slavery will have their access to our platform terminated without exception.

To date, no incidents or violations have been reported to Spiritrade.

Training and Awareness

All new employees undergo an induction process that includes detailed training on Spiritrade’s ethical standards, including our stance on modern slavery. Employees receive a Spiritrade Employee Handbook, which outlines key policies and responsibilities.

Given the collaborative nature of our team, our ethical standards are consistently reinforced in daily operations. We aim to foster a culture where employees are confident to raise concerns without fear of reprisal.

Assessing Effectiveness

To ensure the ongoing effectiveness of our approach:

We maintain an up-to-date record of all active suppliers through the Spiritrade platform.
Staff involved in procurement and supplier management are instructed to report any concerns to the designated compliance officer.
We regularly review our internal procedures to ensure they align with our ethical commitments.

Review and Approval

This statement is made pursuant to section 54(1) of the Modern Slavery Act 2015 and was approved by the Board of Directors of Spiritrade Limited on 2 June 2025.

We undertake to review and publish this statement annually, in line with our financial year.