Regional Compliance
Compliance
United States
California — Climate-Related Risk Report (TCFD & SB 261)
J.D. Power Climate-Related Risk Report | TCFD & SB 261
J.D. Power’s climate-related financial risk and opportunity report aligned with TCFD recommendations and California SB 261 compliance requirements. Published November 2025.
Executive Summary
J.D. Power is a global leader in consumer insights, market research, data analytics, and advisory services. Our reputation is built on delivering trusted benchmarks, performance insights, and advisory solutions that empower clients to make data-driven decisions. We serve a wide range of industries, including automotive, financial services, insurance, healthcare, home improvement, technology, media and telecommunications, travel and hospitality, senior living, and utilities.
J.D. Power currently has operations in North America, Europe and Asia Pacific and is a privately held company within the Thoma Bravo portfolio.
J.D. Power recently expanded into sustainability-focused offerings through our Sustainability Index and the Certified Sustainability Leader Program, which supports the utility sector to advance customer engagement on climate programs. Additionally, with our acquisition of ZappyRide in 2023, we are positioned to deepen our role in supporting the automotive industry’s transition to electric vehicles. Additionally, within our Autovista business based in Europe, we have engaged in ESG-related reporting including through the EcoVadis platform.
This report marks our first formal assessment of climate-related risks and opportunities in North America by identifying our climate disclosures under California Senate Bill 261 (SB 261) and the Task Force on Climate Related Financial Disclosures (TCFD). Our disclosures reflect our current practices and establish a foundation for ongoing evolution in governance, strategy, risk management, and metrics.
Governance
Board Oversight of Climate-Related Risks and Opportunities
Our Board of Directors does not formally oversee climate-related risks, though at least on an annual basis, J.D. Power shares ESG-related information with Thoma Bravo. Additional Board oversight would be driven primarily by compliance requirements under California and other applicable climate regulations.
Management’s Role in Climate-Related Risks and Opportunities
Responsibility for climate-related disclosures for our North American business currently resides with our Corporate Legal Department, which has oversight for other related compliance matters. The Legal Department currently reports to our Chief Operating Officer and ultimately to the Board. Climate-related risks and opportunities are assessed in the context of regulatory compliance, supported by third parties engaged to assist with disclosure readiness. Climate considerations are not currently integrated into cross-functional decision-making across risk, finance, or operations.
Strategy
Climate-Related Risks and Opportunities Over the Short, Medium, and Long Term
We define short term as less than one year and medium term as 3–5 years for business planning and risk mitigation purposes. This disclosure represents our first structured evaluation as we have not historically monitored climate-related risks in our North American business.
Physical Risks
To complement our qualitative risk identification, we conducted a physical climate risk assessment using First Street Foundation’s risk modeling, under the SSP2 “Middle of the Road” scenario, across both current (2025) and long-term (2055, 30-year outlook) timeframes. Risks were evaluated for 1% annual probability (100-year event) across our physical footprint.
Physical risks do not present a widespread operational risk for our portfolio. Some properties face elevated risk of flooding, while properties across Central and Northern Europe registered a risk for operational disruptions from winter storms and freezing events. Drought exposure also emerges at higher levels in select sites, signaling possible long-term challenges around water availability and energy reliability. Other hazards such as wind, fire, and heat appear generally moderate in character, with no consistent pattern of high exposure. Overall, our portfolio’s leased office profile means building-level damage is less likely to be directly absorbed by the company, but operational continuity, access, and workforce safety remain core concerns. As a 95% remote workforce, our overall business model faces relatively limited direct exposure to acute or chronic physical risks. Our data centers have redundancy and business continuity plans in place.
Annual conferences represent another aspect of our business model. Physical interruptions to locations selected for these conferences may impact our business and require us to mitigate risk by transitioning to a remote hosting environment. Due to past weather-related disruptions affecting conferences, we have implemented contingency planning measures, including remote participation capabilities, and continue to evaluate locations to host future conferences and client events to mitigate potential disruption.
Transition Risks and Opportunities
Market Risks & Opportunities
Electric vehicles represent a market segment that we are well positioned to support. Our acquisition of ZappyRide strengthens our ability to serve electric auto manufacturers to a lower-carbon economy. Concurrently, we are noticing an increase of customer requests for emissions reporting and climate data, suggesting an evolving market expectation.
Alongside these developments, our Sustainability Index and Certified Sustainability Leader Program provide further opportunities to expand climate-related services and reinforce our role to support this market growth.
Policy & Legal Risks
The preparation of this TCFD-aligned report prepares us to meet SB 261 obligations and respond to future regulatory developments. In addition, we have a dedicated ESG
- resource in the United Kingdom, responsible for UK compliance obligations such as SECR.
Technology Risks
More sustainable cloud and server infrastructures may become a priority over the medium term in the event it becomes more cost-effective to pursue a renewable energy data center infrastructure.
Impact on Business Model and Resilience of Strategy
Climate-related risks and opportunities are integrated in our business where appropriate. For example, our acquisition of ZappyRide was influenced by climate transition opportunities in the EV sector, reflecting our strategic intent to expand services in this market. Similarly, our Sustainability Index and certification program represents active lines of business that generate climate-related insights and recognition for utility companies, reinforcing our position as a trusted provider of sustainability-related intelligence. Similarly, our insurance underwriting is influenced by the need to protect against physical climate-related risks when assessing property exposures in our broader risk and financial planning framework. Our insurance brokers provide catastrophe likelihood and modeling for physical events such as floods, fires, and earthquakes. We also maintain redundancy in our technology infrastructure and rely on insurance risk models and contingency planning to evaluate resilience.
Risk Management
Processes for Identifying and Assessing Climate-Related Risks
We respond to climate-related risks and opportunities as they arise, with primary emphasis on ensuring regulatory compliance. Legislative monitoring serves as the primary tool for identifying new climate obligations.
Processes for Managing Climate-Related Risks
Management of North American climate risk resides within our legal department by an annual compliance review led by Senior Counsel. We leverage insights from insurance
- providers regarding property-related risk exposures and maintain continuity planning for critical infrastructure.
Integration into Overall Risk Management
Current efforts for climate-related risks are compliance-driven, supported by insurance renewals and continuity planning.
Metrics & Targets
We currently report annual energy consumption through compliance with the UK’s SECR and ESOS frameworks. We have not set greenhouse gas (GHG) emissions targets or measured emissions beyond UK regulatory reporting requirements. Our focus remains on regulatory compliance and market-driven opportunities.
Cautionary Statement
NO PRESUMPTION OF MATERIALITY
This report has been prepared in accordance with the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD) to comply with California’s SB 261. It is intended to provide information regarding potential climate-related financial risks that the company may face. The risks and statements described herein are based on current knowledge, assumptions, and available data as of the date of publication.
Nothing in this document is intended to imply, nor should it be construed to indicate, that any specific risk or statement discussed is financially material to the company. The identification or discussion of any particular risk does not constitute an admission or representation regarding its materiality, probability, or potential impact under applicable securities laws or accounting standards. Readers are cautioned not to place undue reliance on forward-looking statements or scenario analyses, which are subject to inherent uncertainties.
The company undertakes no obligation to update any information contained in this report except as required by law.
Europe — Autovista Group
Section 172 (1) Statement
Modern Slavery Act 2015: Transparency Statement for the Autovista Group
Modern slavery is a crime and a violation of fundamental human rights. It takes various forms, such as slavery, forced and compulsory labour, and human trafficking, all of which involve the deprivation of a person’s liberty by another in order to exploit them for personal or commercial gain.
The Autovista Group has a zero-tolerance approach to any forms of slavery and is committed to maintaining and, where necessary, improving our practices with the aim of combatting any slavery, forced and compulsory labour and human trafficking in our corporate, commercial and operational activities, thus ensuring high ethical standards are demonstrated and maintained at all times by all of our employees, stakeholders, partners customers and suppliers.
Our Code of Ethics (2025) (and its successor, the JD Power Code of Business Ethics (2026)), are policy documents applicable to all employees and individuals acting on our behalf, underpinning our ethical trading position. It outlines the Autovista Group’s commitment to lawful, ethical, and honest business conduct, emphasising integrity, independence, and fairness, and mandates compliance with applicable laws and regulations, including topics such as anti-slavery and anti-bribery. Breaches of the Code of Ethics may have serious consequences, including dismissal or termination of contractual arrangements.
Our Business
The Autovista Group, comprising the UK parent company Autovista Bidco Limited and its subsidiaries (the “Group”), is a leading provider of insights, intelligence and data in the automotive industry, including the provision of pricing insights, along the entire lifecycle of a vehicle across more than 20 countries. Our highly-respected, market-leading brands include Autovista, Autovista24, Eurotax, EV Volumes, Glass’s, Rødboka and Schwacke.
This statement is made on behalf of Autovista Bidco Limited for itself and each of its subsidiaries. This statement sets out the steps we have taken to prevent slavery, forced and compulsory labour and human trafficking from occurring within our organisation and our supply chains.
Our Policies on Slavery and Human Trafficking
The importance of acting with integrity and complying with applicable laws, including (but not limited to) the UK Modern Slavery Act 2015, is reflected in various of the Group’s policies. These are reviewed periodically, to check that they are still relevant and fit for purpose, with a view to increasing their effectiveness, and updated accordingly.
Our Anti-Slavery and Human Trafficking policy reflects our commitment to behaving ethically and with integrity in all our business relationships. It emphasises the Group’s zero-tolerance approach to slavery and human trafficking and requires all individuals to notify either their line manager, their People & Culture (HR) Partner or the Group’s Legal Team in the event of any concerns or suspicions concerning slavery, forced and compulsory labour or human trafficking. Alternatively, all individuals can report any concerns or suspicions anonymously via the Group Whistleblowing application, whereby support and protection will be afforded to those who raise concerns. These concerns would then be escalated to the Chief Compliance Officer for investigation and further escalated (if required) to the Global Compliance Committee.
Recruitment standards
We commit to adhering to the following four UN Global Compact labour principles throughout our operations:
- Freedom of association and the effective recognition of the right to collective bargaining.
- Elimination of all forms of forced and compulsory labour.
- Effective abolition of child labour.
- Elimination of discrimination in respect of employment and occupation.
We ensure that all employees working for us are engaged in accordance with applicable laws and are paid the minimum wage of their country of employment. We undertake right to work checks in accordance with local requirements on all employees prior to them commencing their employment which includes (but is not limited to) checking, where applicable, that the employee is of an appropriate age to work.
Whistleblowing policy
All employees who have any concerns that any slavery, or any other wrongdoing, may be occurring in any part of the Group’s organisation or supply chains are encouraged to notify senior management so that the issue can be escalated appropriately and investigated effectively. The Group has processes and policies in place to protect whistleblowers and their anonymity. The Group also has an anonymous whistleblowing application in operation, which is a simple, secure, anonymous and confidential way in which staff can communicate misconduct (or suspected misconduct), including in relation to slavery matters. There are links to the whistleblowing application in various places on the employee intranet, including the homepage, and in the Group’s Whistleblowing policy itself. In accordance with this policy, staff can also raise concerns with our People and Culture (HR) Team or the Group Legal Team in confidence to discuss any wrongdoing. We also periodically host employee forums, which promote transparency and offer employees another route to raise any concerns they may have.
Policy accessibility
All of our policies, including those mentioned above, are available on the employee intranet. This ensures that (i) they are readily and easily accessible by all of our employees, and (ii) the prevention of modern slavery from occurring within the Group’s business and its supply chain is embedded as standard practice. All policies, documents and communications are primarily in English, with some in local languages where necessary.
Our Supply Chains
The Group sources data, including market observations, for its products from a variety of reputable data suppliers, such as vehicle manufacturers, car portals, auction houses and dealers. Our supply chains include suppliers from a number of sectors, particularly the motor industry, IT software and hardware, and professional services. We also occasionally use agencies to supply agency staff.
We seek to ensure that those within our supply chains align with our ethics and values. In some cases we review commitments made by our suppliers in their policies and statements. Further, wherever possible, we seek to include appropriate provisions requiring compliance with applicable laws in our supplier contracts, and include specific reference to modern slavery legislation (for example, the UK Modern Slavery Act 2015 or the Australian Modern Slavery Act 2018). The standard contractual provisions stipulate, amongst other things, that (i) suppliers shall take steps to ensure there is no slavery or human trafficking in its supply chains or in any part of its business, (2) suppliers must notify the Group as soon as it becomes aware of any actual or suspected slavery or human trafficking in its supply chain, and (iii) the Group can terminate the agreement with the supplier in the event of a breach of these obligations. The contractual terms also include warranties relating to information provided by suppliers in relation to slavery matters.
To date, and to our knowledge and understanding, we are not aware of any slavery or human trafficking in our supply chains. If we were to become aware of any such activity, the Chief Compliance Officer would undertake an urgent and thorough investigation and consider the appropriate action which is to be taken, which could include working with the relevant supplier to ensure that effective measures are implemented to address the issue, or terminating our business relationship with that supplier.
Supplier Code of Conduct
All suppliers who are engaged by the Group must agree to our Supplier Code of Conduct (the “Code”), which sets out the standards the Group expects in relation to various matters, including compliance with anti-slavery legislation, regulations and directives and its reporting obligations in the countries and communities in which the supplier and its supply chain operate. In circumstances where the new supplier fails to agree to the Code, they are required to provide various policies and statements to the Group for review by the Group’s Head of ESG, including their modern slavery policy and statement, to ensure that such suppliers have established processes, procedures and protections in place.
Our Values
New organisation-wide values which include a focus on collaboration, accountability, integrity and trust, were introduced in 2025. We talk in detail about our values and how they are reflected in practice on our corporate website and we have a page on our employee intranet dedicated to our values.
Social Audits
In October 2025, EcoVadis, a leader in providing business sustainability ratings, undertook an audit of the Group which included a review of the Group’s management systems relating to Environmental, Labour and Human Rights and specifically in the following areas: employees’ health and safety; working conditions; labour relations; child and forced labour; diversity, discrimination & harassment; and external stakeholder human rights. As a result of the audit, EcoVadis awarded the Group its Bronze Award in recognition of the quality of the Group’s various management systems, which places the Group among the top 30% of businesses assessed by EcoVadis worldwide.
Awareness
To ensure that our employees across the Group have a base level of understanding of the risks of slavery and human trafficking in our supply chains and our business, all employees are periodically required to re-read key Group policies, including (amongst others) our Anti-Slavery and Human Trafficking policy, our Anti-Bribery & Corruption policy and our Code of Ethics and sign an acknowledgement form that they have read and understood the contents and requirements of the policies.
We also raise awareness of slavery and human trafficking through our mandatory annual Governance, Risk and Compliance training, which is reviewed periodically and which includes a module on preventing slavery (the “GRC Training”). On an annual basis, all employees are required to complete the GRC Training within a specified time period. All new starters are also required to complete this training when they join the Group as part of the employee induction process. After finishing the training, employees are required to demonstrate their understanding by completing a questionnaire, which is updated annually. Towards the end of 2025, the GRC Training was reviewed and certain modules were, where necessary, re-recorded, and a refreshed set of questions to accompany the GRC Training was finalised.
We also continue to register our modern slavery statements with the UK Government’s modern slavery statement registry to enhance the transparency and accessibility of our commitments in relation to anti-slavery. Our registration in 2025 for the period 1 January 2024 to 31 December 2024 can be found on the UK Government’s website.
Further Steps
We will continue to provide our employees with the necessary training and resources to ensure a commitment to the highest standards of ethical behaviour, and in 2026 employees will be required to recomplete the updated GRC Training and the refreshed set of questions.
In 2026, we intend to take further steps to increase oversight of our supply chain by continuing to consolidate the information we hold on our suppliers, including acceptance of the Code by suppliers, in order to improve our tracking and reporting abilities, and awareness of any slavery risks in our supply chain.
The Group’s Legal team is committed to ensuring that the Group is aware of any developments in the prevention of slavery and will continue to attend relevant training courses and disseminate useful information and guidance.
Our commitment to a sustainable business will be independently verified in 2026 through our reassessment by EcoVadis. Through this reassessment, the Group is able to validate its commitment to ethical practices, and we are striving to match or improve our EcoVadis rating each year.
Section 54(1)
This statement is made pursuant to section 54(1) of the Modern Slavery Act 2015 and constitutes our slavery and human trafficking statement for the financial year ending 31 December 2025. This statement has been authorised and approved by the board of directors of Autovista Bidco Limited.
Signed:

Authorised signatory, for and on behalf of Autovista Bidco Limited
Date: 2026
Modern Slavery Act 2015: Transparency Statement for the Autovista Group
Modern slavery is a crime and a violation of fundamental human rights. It takes various forms, such as slavery, forced and compulsory labour, and human trafficking, all of which involve the deprivation of a person’s liberty by another in order to exploit them for personal or commercial gain.
We have a zero-tolerance approach to modern slavery and are fully committed to improving our practices to combat slavery, forced and compulsory labour and human trafficking in our corporate activities, and ensuring that high ethical standards are demonstrated and maintained at all times.
This statement sets out the steps we have taken to prevent slavery, forced and compulsory labour and human trafficking from occurring within our organisation and our supply chains.
Our Business
The Autovista Group (the “Group”) is a leading provider of data in the automotive industry, including the provision of pricing insights, along the entire lifecycle of a vehicle across more than 20 countries. Autovista, Autovista24, Eurotax, EV Volumes, Glass’s, Rødboka and Schwacke are our highly-respected, market-leading brands. The Group has more than 720 employees located in the UK, Europe and Australia and operates as a fully flexible business, allowing our employees full flexibility to decide where (within their country of employment) and when they do their work.
On 1 March 2024, the Group was acquired by the J.D. Power group, a global leader in consumer insights, advisory services and data and analytics.
This statement is made on behalf of the UK parent company of the Group, Autovista Bidco Limited, for itself and each of its subsidiaries. The information contained in this statement was obtained from various key stakeholders across the Group including members from the Group’s Leadership, Legal, Risk & Compliance, and People & Performance (HR) teams, and the Group’s
Head of ESG.
Our Policies on Slavery and Human Trafficking
The importance of acting with integrity and complying with applicable law, including the UK Modern Slavery Act 2015, is reflected in our Group values (see ‘Our Values’ below). In addition, the Group has various policies in place which are reviewed periodically, to check that they are still current and with a view to increasing their effectiveness, and updated accordingly.
Anti-Slavery and Human Trafficking policy
Our Anti-Slavery and Human Trafficking policy reflects our commitment to acting ethically and with integrity in all our business relationships. It emphasises the Group’s zero-tolerance approach to modern slavery and requires individuals to notify their manager and either their People & Performance (HR) Partner or the General Counsel in the event of any concerns or suspicions concerning modern slavery. These concerns would then be escalated to the Group’s Business Compliance Committee for investigation. The policy also confirms that support and protection will be afforded to those who raise concerns.
Code of Ethics
Our Code of Ethics, which is a policy document applicable to all staff and any other individuals acting on our behalf, underpins our ethical trading position, which is a key strategic focus for the Group. It outlines the Group’s commitment to lawful, ethical, and honest business conduct, emphasising integrity, independence, and fairness, and mandates compliance with applicable laws and regulations, including topics such as anti-slavery and anti-bribery. Breaches of the Code of Ethics may have serious consequences, including dismissal or termination of contractual arrangements.
Recruitment standards
We commit to adhering to the following four UN Global Compact labour principles throughout our operations, and refer to these, and other principles and standards such as the International Labour Organisation’s Fundamental Conventions, in our Code of Ethics:
Freedom of association and the effective recognition of the right to collective bargaining.
Elimination of all forms of forced and compulsory labour.
Effective abolition of child labour.
Elimination of discrimination in respect of employment and occupation.
We ensure that all staff working for us are engaged in accordance with the law and are paid at least the minimum wage of their country of employment. Employees involved in recruitment have a full understanding that qualifications, skill and experience are the bases for recruitment, placement, training and advancement of staff at all levels. This is supported by the Group’s “Hiring Manager Toolkit” which is accessible to those involved in recruitment. The toolkit provides guidance on fair and consistent recruitment selection processes and a mechanism to support objective evaluations during recruitment. We undertake right to work checks in accordance with local requirements on all employees prior to them commencing their employment and this includes checking, where applicable, that the employee has a valid work visa and is of an appropriate age to work. We also make employment contracts available to all employees stating the terms and conditions of service (including appropriate termination rights), which are in languages easily understood by them.
Whistleblowing policy
All staff who have any concerns that modern slavery, or any other wrongdoing, may be occurring in any part of our organisation or supply chains are encouraged to notify senior management so that the issue can be escalated appropriately and investigated effectively. We have processes and policies in place to protect whistleblowers and their anonymity. The Group also has an anonymous whistleblowing application in operation, which is a simple, secure, anonymous and confidential way in which staff can communicate misconduct (or suspected misconduct), including in relation to modern slavery matters. There are links to the whistleblowing application in various places on the Group’s staff intranet, including the homepage, and in the Group’s Whistleblowing policy itself. In accordance with this policy, staff can also raise concerns with our People and Performance (HR) Team or the General Counsel in confidence to discuss any wrongdoing. No reports were made in 2024. We also periodically host employee forums, which promote transparency and offer employees another route to raise any concerns they may have.
Policy accessibility
All of our policies, including those mentioned above, are available on the Group’s staff intranet.
This ensures that (i) they are readily and easily accessible by all of our employees, and (ii) the prevention of modern slavery from occurring within the Group’s business and its supply chain is embedded as standard practice. All Group employees are required to have a good understanding of the English language, and consequently, all policies, documents and communications are primarily in English, with some also in local languages where necessary. When employees need to be notified about significant changes or updates to the Group’s policies or processes, one of the methods used to alert employees is the Group’s staff intranet.
Our Supply Chains
The Group sources data, including market observations, for its products from a variety of reputable data suppliers, such as vehicle manufacturers, car portals, auction houses and dealers. Our supply chains include suppliers from a number of sectors, particularly the motor industry, IT software and hardware, and professional services. We also occasionally use agencies to supply agency staff.
We seek to ensure that those within our supply chains align with our ethics and values. In some cases (as detailed further below) we review commitments made by our suppliers in their policies and statements. Further, wherever possible, we seek to include appropriate provisions requiring compliance with applicable laws in our supplier contracts, and include specific reference to modern slavery legislation (for example, the UK Modern Slavery Act 2015 or the Australian Modern Slavery Act 2018). The standard provisions were updated in 2024 and stipulate, amongst other things, that (i) suppliers shall take steps to ensure there is no modern slavery or human trafficking in its supply chains or in any part of its business, (2) suppliers must notify the Group as soon as it becomes aware of any actual or suspected slavery or human trafficking in its supply chain, and (iii) the Group can terminate the agreement with the supplier in the event of a breach of these obligations. The terms also include warranties relating to information provided by suppliers in relation to modern slavery matters.
To date, we are not aware of any slavery or human trafficking in our supply chains. If we were to become aware of any such activity in the future, the Group’s Business Compliance Committee would undertake an urgent and thorough investigation and consider the appropriate action which is to be taken, which could include working with the relevant supplier to ensure that effective measures are implemented to address the issue, or terminating our business relationship with
- that supplier.
As part of the Group’s initiative to identify and mitigate risks and to enable us to (i) get a better understanding of our suppliers, (ii) better assess the level of modern slavery risks in our supply chain, and (iii) scrutinise with greater ability the actions being taken by our suppliers to identify and tackle such risks, an internal guidance document (the “Framework”) includes a section called “Supplier Selection and Purchasing” which incorporates various processes relating to supplier selection and management, amongst other matters.
Supplier Code of Conduct
The Framework includes a requirement that certain suppliers who are engaged by the Group must sign our Supplier Code of Conduct (the “Code”), which sets out the standards the Group expects in relation to various matters, including compliance with anti-slavery legislation, regulations and directives and its reporting obligations in the countries and communities in which the supplier and its supply chain operate. In circumstances where the new supplier fails to sign the Code, they are required to provide various policies and statements to the Group for review by the Group’s Head of ESG, including their modern slavery policy and statement, to ensure that such suppliers have established processes, procedures and protections in place.
The Group’s People & Performance (HR), Legal, and Risk & Compliance teams are primarily responsible for dealing with any risks or concerns raised by the business in relation to modern slavery, which will be escalated to the Business Compliance Committee for investigation and further action, if necessary. These teams are central Group functions, whose leaders form part of the Group’s Executive Management Team and Business Compliance Committee.
Our Values
Trust, Integrity, Innovation, Openness, Respect and Inclusion: these are the values that underpin the culture at Autovista Group. These values are core to all that we do as a business and they set the tone for how we treat each other, our customers, suppliers, stakeholders and third parties. We talk in detail about our values and how they are reflected in practice on our corporate website and we have a page on our Group’s staff intranet dedicated to our values.
Due to the critical importance of our values to the running of our business, we have continued the delivery of our updated management training programme in order to further embed our Group values into the practices and conduct of our managers. This training is mandatory for all people managers across the Group and introduces our leadership competency framework, which specifically references our Anti-Slavery and Human Trafficking policy. This framework is also publicised on the leadership page of the Group’s staff intranet.
Social Audits
In October 2024, EcoVadis, a leader in providing business sustainability ratings, undertook an audit of the Group which included a review of the Group’s management systems relating to Environmental, Labour and Human Rights and specifically in the following areas: employees’ health and safety; working conditions; labour relations; child and forced labour; diversity, discrimination & harassment; and external stakeholder human rights. As a result of the audit, EcoVadis awarded the Group its Bronze Award in recognition of the quality of the Group’s various management systems, which places the Group among the top 24% of businesses assessed by EcoVadis worldwide. In 2024, the Group’s overall score remained the same as in 2023, which reflects the Group’s dedicated approach to maintaining its business sustainability standards.
Awareness
To ensure that our employees across the Group have a base level of understanding of the risks of modern slavery and human trafficking in our supply chains and our business, all employees are periodically required to re-read key Group policies, including (amongst others) our AntiSlavery and Human Trafficking policy, our Anti-Bribery & Corruption policy and our Code of Ethics
- and sign an acknowledgement form that they have read and understood the contents and
- requirements of the policies. We are able to track and report on which employees have completed this activity using our HR system and, when the process was last undertaken, all employees in the Group (other than longer term absentees) had signed the form.
We also raise awareness of modern slavery and human trafficking through our mandatory annual Governance, Risk and Compliance training, which is reviewed periodically and which includes a module on preventing modern slavery (the “GRC Training”). In 2024, all employees were required to complete the GRC Training within a specified time period. All new starters are also required to complete this training when they join the Group as part of the employee induction process. After finishing the training, employees are required to demonstrate their understanding by completing a questionnaire, which is updated annually, and this is tracked through our HR system.In addition, our Executive Management team attended training led by external legal counsel in November 2024 covering, amongst other things, ethical business practices.
Employees are notified once the Group’s annual modern slavery statement has been published on the Group’s website and they are encouraged to read it.
We also included details of how we increased awareness of modern slavery with our employees, and referred to our last modern slavery statement, in our UK group consolidated annual financial statements for the year ended 31 December 2024, and continue to register our modern slavery statements with the UK Government’s modern slavery statement registry to enhance the
- transparency and accessibility of our commitments in relation to anti-slavery. Our registration in 2024 for the period 1 January 2023 to 31 December 2023 can be found on the UK Government’s website.
Further Steps
We will continue to provide our employees with the necessary training and resources to ensure a commitment to the highest standards of ethical behaviour, and employees will be required to recomplete the GRC Training again in 2025, with a refreshed set of questions to check their understanding.
In 2025, we intend to increase oversight of our supply chain by consolidating the information we hold on our suppliers, including acceptance of the Code by suppliers, in order to improve our tracking and reporting abilities, and awareness of any modern slavery risks in our supply chain .
The Group will continue to raise awareness of the prevention of modern slavery among its employees by including a special agenda item on preventing modern slavery in the employee forum meeting which is scheduled for May 2025.The Group’s Legal team is committed to ensuring that the Group is aware of any developments in the prevention of modern slavery and will continue to attend relevant training courses and disseminate useful information and guidance.
Our commitment to a sustainable business will be independently verified in 2025 through our reassessment by EcoVadis. Through this reassessment, the Group is able to validate its commitment to ethical practices, and we are striving to match or improve our EcoVadis rating each year.
Section 54(1)
This statement is made pursuant to section 54(1) of the Modern Slavery Act 2015 and constitutes our slavery and human trafficking statement for the financial year ending 31 December 2024. This statement has been authorised and approved by the board of directors of Autovista Bidco Limited.s our slavery and human trafficking statement for the financial year ending 31 December 2023. This statement has been authorised and approved by the board of directors of Autovista Bidco Limited.
Signed:
Tom Ovenden – Signature
Authorised signatory, for and on behalf of Autovista Bidco Limited
Date: 26 June 2025