Updated 30th January 2026.

Introduction 

In accordance with the Modern Slavery Act 2015 (MSA 54(1)), UrbanChain is committed to preventing modern slavery and human trafficking across our operations and supply chains. We are dedicated to ethical business practices and ensuring our operations are free from exploitation. This policy should be read in line with other UrbanChain policies including but not limited to: 

• Anti-bribery and corruption
• Market Abuse (MAR)
• Delegation of Authority (DoA)
• Conflict of Interests
• Risk Policy 

Our Commitment 

UrbanChain is a renewable energy provider, comprising UC Optimisation and Markets, UrbanChain Renewables, UrbanChain Energy, UrbanChain Technology, and UC Enterprises, employing circa 70 full-time employees (FTE). As an equal opportunity employer, we are committed to providing a non-discriminatory, respectful work environment for employees, board members, third-party professionals, and consumers, including large corporations, micro-businesses, councils, schools, and media organisations. 

All our generators and consumers work within the UK. 

Our supply chain consists of around 50 entities, providing the technologies, IT support, information services, and people management needed to run our business. Where appropriate, we include contractual clauses requiring suppliers to minimise the risk of slavery and human trafficking within their operations, in compliance with MSA 54. 

All our suppliers operate within the UK. 

Policies & Governance 

UrbanChain maintains a zero-tolerance stance on modern slavery and human trafficking. Our policies and processes, which are reviewed annually by the Risk department, ensure we effectively mitigate these risks across our organisation and supply chain. 

We have a structured recruitment process that requires all potential employees to provide: 

• A CV
• Proof of identity and right to work in the UK
• Two recent employment references. 

For employees who do not hold a UK passport, we conduct a Home Office-approved Identity Status Document Check (IDSP) to verify their right to work.  

We are not responsible for contractors or self-employed staff, as we are not required to provide a statutory excuse under UK law. 

UrbanChain mandates that all suppliers adhere to ethical standards, in line with the Modern Slavery Act, and we are implementing a comprehensive Know Your Customer (KYC) process to assess and mitigate any risks associated with modern slavery within our energy supply chain. This process supports compliance with MSA Section 54 and helps to ensure that all suppliers and energy consumers uphold the Act’s requirements. 

Training & Awareness 

UrbanChain provides training to staff to identify and respond to issues related to modern slavery. We ensure employees are aware of our commitment and are equipped to report any concerns promptly. 

Due Diligence & Risk Assessment 

We conduct annual risk assessments of our supply chains and operations to identify and mitigate the risk of modern slavery. While we do not require modern slavery statements from all demand customers, we will request one from any prosumer who generates over £36 million. If a prosumer in this category does not have a statement, it will be challenged 

Reporting Mechanisms 

We encourage all employees, suppliers, and stakeholders to report any concerns regarding modern slavery. Clear reporting channels will be established, such as a dedicated hotline or email, to address concerns in a timely and effective manner. 

Approval 

This statement has been approved by Julian Denee, Chief Risk Officer of UrbanChain. 

As the UrbanChain Group expands into new markets, we remain committed to enhancing our human rights risk assessments to address emerging challenges and opportunities. This Modern Slavery Statement will be reviewed annually to ensure compliance with the standards of the Modern Slavery Act 2015 and to strengthen our practices against modern slavery and human trafficking in the future.