Fifth Modern Slavery Statement of Cavpower Pty Ltd

This is the fifth Modern Slavery Statement under section 14 of the Modern Slavery Act 2018 (Cth) (“the Act”) made in respect of Cavpower Pty Ltd (ACN 007 735 300) (“Cavpower”) and its wholly owned subsidiary Cavrent Pty Ltd (ACN 082 028 082) (“Cavrent”). Cavpower is a reporting entity under the Act. This modern slavery statement sets out the actions undertaken by Cavpower to identify, address and mitigate modern slavery and human trafficking risks within its operations and supply chains for the financial year ending 30 June 2024. Cavpower has been operating in South Australia and Broken Hill since 1972 and offers products and services to support a variety of industries, including, but not limited to, construction, mining, oil and gas and marine.

Our Corporate Values are “Excellence, Teamwork, Accountability, Integrity & Fun.” We prioritise doing business in an ethical manner and to deliver results benefit our team members, our communities and our customers. We seek to partner with suppliers that respect the importance and protection of human rights and that demonstrate a commitment to improve compliance in this area. We never compromise on our values, and Cavpower has a zero-tolerance approach towards instances of modern slavery in any form within its own operations and supply chains more broadly.

This year, we aim to educate our employees on modern slavery so that they are equipped to identify modern slavery risks and take the necessary actions to mitigate such risks. Further, Cavpower will continue to focus on consolidation of its preferred suppliers including specific questions on modern slavery compliance for all new suppliers we on-board. A survey will also be developed this year & provided to our top 20 suppliers to identify any gaps with their Modern Slavery compliance and assess and address any identified risks to Cavpower’s Modern Slavery compliance.

Read Full Statement

Risks of Modern Slavery

Our statement details the Risks of Modern Slavery in our Structure, Operations and Supply Chain including Equipment, Services and Suppliers.

Cavpower is a company headquartered in Adelaide, South Australia. Cavpower and its subsidiaries and related companies was acquired on 1 November 2023 by Sime Darby Industrial Machinery Australasia Pty Ltd (“SDIMA”). SDIMA is wholly owned by Sime Darby Industrial Australia Pty Ltd (SDIA). SDIA is a wholly owned subsidiary of Sime Darby Industrial Holdings Sdn Bhd, the industrial division of Malaysian investment holding company, SIME.

Actions Taken

In this reporting period, we have undertaken the following actions to assess, address and mitigate risks of modern slavery in its operations and supply chains.

  • Supplier Consolidation
  • Monitoring and Remediation
  • Modern Slavery Policy and Supplier Code of Conduct
  • Evaluation of Modern Slavery Compliance

This Statement is an accurate reflection of the measures and actions taken by Cavpower and Cavrent.

The statement concludes with Assessing Effectiveness including Consultation and Future Actions for 2025 reporting period.

Cavpower Pty Ltd Modern Slavery Statement 2024

1 July 2023 to 30 June 2024