Modern Slavery Reporting
Lycos is committed to operating its business responsibly, sustainably and in accordance with the Fighting Against Forced Labour and Child Labour in Supply Chains Act.
The Fighting Against Forced Labour and Child Labour in Supply Chains Act (“the Act”) was enacted by the Parliament of Canada in May 2023 and came into effect on January 1, 2024. The purpose of the act is to implement Canada’s international commitment to contribute to the fight against forced labour and child labour through new reporting obligations on certain entities and government organizations. Lycos is committed to assessing and mitigating the risks of forced labour and child labour in all facets of the Company’s supply chain and expects that all stakeholders, employees, and vendors share the Company’s commitment to responsible business practices as set out in its policies.
As required by the Act, Lycos, a Canadian publicly listed entity, prepares an annual report which sets out the steps taken to prevent and reduce the risk that forced labour or child labour is used at any step in the production of goods or supply chain.
