{"id":38,"date":"2020-05-29T09:51:57","date_gmt":"2020-05-29T08:51:57","guid":{"rendered":"http:\/\/new.beaconrail.com\/?page_id=38"},"modified":"2026-06-01T14:15:40","modified_gmt":"2026-06-01T13:15:40","slug":"modern-slavery-statement","status":"publish","type":"page","link":"https:\/\/beaconrail-import.topleftdesign.com\/en\/about\/esg\/modern-slavery-statement\/","title":{"rendered":"Modern Slavery Statement"},"content":{"rendered":"\n
\n \"\"<\/picture>
\n

Modern Slavery Act<\/span>2015 Statement <\/span><\/h1>\n ESG<\/a>\n \n \n \n \n <\/g>\n \n \n \n <\/g>\n <\/g>\n<\/svg>\n <\/div>\n<\/div>\n\n\n

Introduction<\/h2>\n\n\n\n

Beacon Rail Lux Holdings S.\u00e0 r.l. (together with its direct and indirect subsidiaries, “Beacon”) is committed to combatting modern slavery and ensuring that risks of modern slavery within its business and supply chain are addressed. Beacon takes a zero-tolerance approach to modern slavery. This statement sets out how Beacon implements and enforces this approach to minimise the risk of modern slavery within its organisation and supply chain.<\/p>\n\n\n\n

Structure and Business<\/h2>\n\n\n\n

Beacon is a rail rolling stock leasing company serving the UK and European marketplace, and safety is central to everything it does. Beacon is committed to the wellbeing of all its employees, and health and safety form part of everyday discussions within the business. One of Beacon’s company-wide annual objectives is to “ensure safety is central to everything we do”.<\/p>\n\n\n\n

Beacon has an industry-leading management team with extensive rail asset management expertise and capital markets experience and employed 154 professional, engineering and support staff as at 31 December 2025 across offices in Luxembourg, Amsterdam, London, Madrid, Munich and Frankfurt.<\/p>\n\n\n\n

Beacon recognises the importance of managing environmental, social and governance (\u201cESG\u201d) factors effectively as part of its approach to investment in rolling stock. Beacon\u2019s broader ESG framework, including external benchmarking such as GRESB and EcoVadis, supports its approach to identifying and managing sustainability risks, including human rights risks. As Beacon’s approach to addressing and mitigating the risk of modern slavery continues to evolve, it will seek to align it with its broader ESG commitments and develop an integrated approach across these areas.<\/p>\n\n\n\n

Supply Chain<\/h2>\n\n\n\n

Beacon\u2019s supply chain includes rolling stock manufacturers, asset maintenance providers and customers (including lessees and operators) operating across multiple jurisdictions in both the United Kingdom and continental Europe. Beacon recognises that the risk of modern slavery may vary across different parts of its supply chain depending on the nature of the activities involved and the geographical locations of its suppliers and other business partners. Beacon accordingly takes a risk-based approach to assessing and managing modern slavery risk across its supply chain, as set out further below.<\/p>\n\n\n\n

Policies in Relation to Modern Slavery<\/h2>\n\n\n\n

Beacon maintains robust employment policies and procedures and seeks to enable its people to perform well, feel motivated and thrive in a safe and positive work environment. Given these internal controls and the jurisdictions in which it operates, Beacon considers the risk of modern slavery in its own business operations to be low.<\/p>\n\n\n\n

Beacon ensures, including through contractual obligations, that its suppliers are aware that it is unwilling to work with them unless they comply with applicable modern slavery laws and regulations and adhere to policies designed to mitigate the risk of modern slavery in their supply chains and address relevant risks.<\/p>\n\n\n\n

Due Diligence Processes<\/h2>\n\n\n\n

In order to assess and address risks of modern slavery and human trafficking in its supply chain, Beacon takes the following approach: due diligence is conducted on all new vendors. Beacon tailors the nature and extent of the due diligence carried out across its business and supply chain depending on the geographical location of those operations, and the potential level of risk of modern slavery, human trafficking and other human rights issues in those locations.<\/p>\n\n\n\n

Beacon may carry out audits and inspections on various parties in its supply chain to ensure that the high standards it adheres to are reflected in the operations of its business partners.<\/p>\n\n\n\n

Where concerns are identified through the due diligence or audit process, Beacon assesses those concerns on a case-by-case basis and takes appropriate remedial action. Beacon will only engage with suppliers who support its zero-tolerance approach to modern slavery or who are taking verifiable steps towards compliance.<\/p>\n\n\n\n

Risk Assessment and Management<\/h2>\n\n\n\n

Beacon takes a risk-based approach to identifying and managing the risk of modern slavery across its business and supply chain. In assessing risk, Beacon takes into account:<\/p>\n\n\n\n