OUR APPROACH TO MODERN SLAVERY AND HUMAN RIGHTS
Modern slavery refers to a range of serious practices that deny people their freedom and dignity, including forced labour, debt bondage, deceptive recruitment and human trafficking. While often hidden from view, these practices remain a global challenge and can exist within complex supply chains across many industries.
At Neumann Steel, we are committed to operating our business humanely, lawfully, and ethically. We work with contractors, partners, and suppliers that align with our values. As a reporting entity under the Modern Slavery Act 2018 (Cth), we have prepared this statement. It articulates our position on modern slavery and our ongoing actions to understand and address the risk of modern slavery in our operations and supply chain.
Our aim with reporting our actions against modern slavery is to be as transparent as possible. We hope our transparency will help other organisations learn from our experiences as they implement their own approaches. We welcome feedback and look forward to learning from others as we work together to address this serious human rights violation.
WHO WE ARE
BUILT ON OVER 50 YEARS OF OPERATIONS
Neumann Steel is a family-owned company registered in Queensland with distribution and manufacturing facilities throughout Queensland and New South Wales. We have operated for over 50 years with a strong focus on innovation while maintaining responsible practices across our products and environmental impact.
Our primary function is to source raw material in reinforcing steel, which is converted into reinforcing mesh and produced reinforcing bar for the building and construction industry. We employ approximately 300 people across our management, production, and distribution network, all based in Australia.
Our business, at a glance
- Governed by a Board of Directors elected from and by the shareholders.
- Five locations across Queensland and New South Wales: Currumbin, Capalaba, Caloundra, Hervey Bay, and Thornton.
IDENTIFYING MODERN SLAVERY RISKS
IN OUR OPERATIONS AND SUPPLY CHAIN
The Modern Slavery Act 2018 (Cth) identifies eight types of exploitation that meet the definition of modern slavery.
These critical areas guide our risk assessment and mitigation strategies.
SUPPLY CHAIN RISKS
We primarily source raw materials directly from manufacturers based in Australia, with some materials also procured through secondary distributors and representatives. Given the strong local presence of our direct suppliers, any potential exposure to modern slavery risks is more likely to exist beyond the first tier of our supply chain, potentially outside Australia.
OPERATIONAL RISKS
As an Australian-based operation, Neumann Steel operates within a strong regulatory environment, with direct exposure to modern slavery risks considered limited. Our focus is on building greater visibility across supplier networks and supporting increased awareness of these risks.
RISK CLASSIFICATION
We have developed a comprehensive risk profile that classifies suppliers based on product type, source location, and supply chain complexity. This framework enables us to prioritise our due diligence efforts where risks are highest, particularly with imported materials and overseas suppliers.
OUR GOVERNANCE AND RISK MANAGEMENT FRAMEWORK
Addressing modern slavery requires robust governance structures and clear accountability. Our executive management team is responsible for implementing policy obligations throughout their respective areas of the business.
GOVERNANCE FRAMEWORK
Our approach to modern slavery is supported by comprehensive internal policies and procedures that govern our operations and supply chain management. These policies work together to create a framework for responsible business practices, ensuring accountability at every level of our organisation.
SUPPLIER RISK MANAGEMENT
We work collaboratively with key suppliers to identify and manage modern slavery risks and develop commercial and actionable solutions. Our supplier onboarding process includes completion of a supplier self-assessment questionnaire (SAQ), requiring suppliers to self-disclose steps taken to identify and mitigate the risk of modern slavery.
We will discontinue arrangements with suppliers where it is apparent that they have not taken reasonable steps to prevent or specifically prohibit modern slavery in their business operations. Our procurement team has overall responsibility for supplier risk management throughout the organisation.
DRIVING CONTINUOUS IMPROVEMENT
Neumann Steel conducts reviews of our supplier base to determine if there are changes to both our key suppliers and products used in our supply chain. Through this analysis, we work with our suppliers to ensure we are actively pursuing compliance with the Modern Slavery Act 2018 (Cth).
Our commitments to ongoing action
Ongoing awareness training for key stakeholders delivered through e-learning modules.
Briefing to the Board of Directors and Senior Executives on the reporting requirements of the Act.
Supplier categorisation and review of first-tier suppliers' risk assessments to reassess where risks may lie in our supply chain.
Develop an impact measurement framework, including effectiveness indicators, to evaluate our modern slavery actions in our operations and supply chains at regular intervals.
PRINCIPAL GOVERNING BODY APPROVAL
This Modern Slavery Statement confirms Neumann Steel's commitment to assess, engage, address, and monitor modern slavery risks and to take positive actions against the violation of human rights.
This statement was approved by the Board of Directors and the Executive Leadership team, as the principal governing body of Neumann Steel. It is signed by a responsible member of Neumann Steel as defined by the Modern Slavery Act 2018 (Cth).
TRUSTED BY 1000 COMPANIES
COMMITTED TO ETHICAL PRACTICES
Neumann Steel is committed to operating our business lawfully and ethically. We recognise that addressing modern slavery requires ongoing vigilance, collaboration, and continuous improvement. Our approach is grounded in transparency, accountability, and a genuine commitment to protecting human rights throughout our operations and supply chain.
We acknowledge that this work is ongoing and that we have more to learn. We welcome dialogue with stakeholders, suppliers, and industry partners as we strengthen our approach to preventing modern slavery. For questions about our Modern Slavery Statement or to discuss how we can work together to address these critical issues, our team is here to help.
