Kreos Capital recognises and welcomes the Modern Slavery Act 2015. Kreos Capital has a zero-tolerance approach to modern slavery and is committed to improve its practices by acting ethically and with integrity to ensure that modern slavery and human trafficking does not exist anywhere within the company or is in anyway associated with the business.
Kreos was founded 20 years ago with the single mission of pioneering unique financing solutions for high-growth companies across Europe and Israel. Since then, Kreos has committed more than €2 billion in over 500 portfolio company transactions, in a variety of industry sectors and located in 14 countries.
Kreos has offices based in London, Sweden, Israel, Jersey and Luxembourg.
Due diligence, risk assessment
Kreos Capital considers its position within the industry as low risk in relation to modern slavery. The company recognises comprehensive practices are in place to ensure that modern slavery does not exist within direct recruitment, employment and investments. Kreos Capital adheres to the Responsible Investment Policy and stimulate the development of our portfolio companies setting out to follow section 54 of the Modern Slavery Act.
Our policies and procedures
Kreos Capital adopts many procedures that assist with our management of potential modern slavery and human trafficking issues, including enhanced due diligence on all investments, further analysis at investment committee meetings and internally when dealing with recruitment, more details of which can be found within our bespoke Staff Handbook and Compliance Manuals, namely our Responsible Investment Policy and Environmental Social and Governance Policy
Kreos Capital is committed to ensure modern slavery does not exist within its organisation by improving its current practices, adapting existing procedures, creating new policy and continuing to educate its employees. Kreos Capital have set targets for the forthcoming year which include the following;
- – To formulate and issue company-wide a dedicated ‘Modern Slavery and Human Trafficking’ policy, this to be included within the Compliance Manual.
- – To adapt and improve existing key policies and procedures as necessary to address modern slavery issues.
- – To provide refresher training for our employees on identifying any potential unlawful or unethical conduct within our operations and how to report their concerns.
This statement is made in accordance with section 54(1) of the Modern Slavery Act 2015.