MODERN SLAVERY &
HUMAN TRAFFICKING STATEMENT
Fresco CleanTech Solutions | Financial Year 2025–2026
Issued pursuant to Section 54 of the Modern Slavery Act 2015
This statement is made by Fresco CleanTech Solutions ('Fresco', 'we', 'us', 'our') pursuant to Section 54(1) of the Modern Slavery Act 2015 and constitutes our Modern Slavery and Human Trafficking Statement for the financial year ending 2026.
Fresco CleanTech Solutions is an independent, London-based advisory firm dedicated to structuring and securing financing solutions for clean technology, decarbonization, new nuclear, energy security, and AI infrastructure. Fresco is registered at 85 Great Portland Street, London W1W 7LT, England, UK, and operates across the United Kingdom, Continental Europe, and Singapore.
As a business with a founding purpose to enable responsible, ethical, and sustainable investment — and working only with clients which include those principles in financing the transition to a low-carbon economy — Fresco recognizes that its commitment to ethical conduct must be as robust within its own operations as it is in the projects it helps finance.
Fresco CleanTech Solutions has a zero-tolerance approach to modern slavery, forced labor, human trafficking, and all forms of exploitation in any part of our business or supply chains. We are committed to acting with integrity, transparency, and in compliance with all applicable laws and regulations.
Fresco CleanTech Solutions is committed to:
• Ensuring that its business is free from modern slavery and human trafficking.
• Conducting due diligence on the parties, advisors, and suppliers with which it works.
• Raising awareness of modern slavery risks among its team and associates.
• Supporting those who raise concerns in good faith about potential modern slavery issues.
• Continuously improving its policies and practices in line with emerging best practice.
Fresco CleanTech Solutions is a boutique advisory and financing consultancy. Its principal activities encompass structuring and securing financing within three core sectors:
New Nuclear
Financing advanced modular and civil nuclear technologies across fission and fusion; powering AI infrastructure, enabling energy security, and generating decarbonized electricity.
Digital Infrastructure
Supporting the financing and decarbonization of data centers underpinning artificial intelligence; converging AGI with CleanTech.
Power Purchase Agreements
Matching low-carbon electricity generators with offtakers; decarbonizing energy-intensive industries and achieving competitive levelized costs of electricity and hydrogen.
Fresco CleanTech is a small, specialist firm. The team comprises its Founder and Principal, Doreen Abeysundra; Senior Advisor Audrey Caulliez-Louis; and specialist associates and consultants engaged on a project basis. The client base includes investors, project developers, sponsors, and policymakers across the UK, Continental Europe, and Singapore.
As an advisory and financing consultancy, Fresco CleanTech Solutions does not manufacture goods or manage large physical supply chains. Its principal supply chain is within human relationships and includes:
• Professional advisors and consultants (legal, technical, financial, insurance, cyber).
• Technology and software service providers.
• Event organizers, conference and podcast partners.
• Office and administrative service providers.
Fresco’s advisory work spans transactions involving clients and counterparties in Continental Europe, the United Kingdom, and Singapore. The team recognizes that even within a professional services context, risks of labor exploitation can exist — particularly in extended supply chains of the industries and geographies in which we operate.
Fresco CleanTech has assessed the risk of modern slavery within its own operations and supply chains. Given its size, the nature of its advisory business, and the professional character of its engagements, Fresco CleanTech and its founder consider the direct risk of modern slavery within Fresco's own operations to be low. Nonethelss, Fresco CleanTech recognizes the following areas of potential risk:
• Third-party suppliers and contractors operating in jurisdictions with less robust labor protections.
• Complex, multi-party project financing transactions involving contractors and sub-contractors in emerging markets or high-risk sectors.
• The broader energy, construction, and infrastructure sectors — which our clients operate in — where supply chains can involve vulnerable workers.
Fresco engages with clients including those developing projects in the Global South and emerging markets (through our Senior Advisor's work via ImpactA Global and Development Finance Institutions), and acknowledge that projects financed in these geographies may carry heightened supply chain risks that we seek to incorporate into our advisory guidance.
Fresco CleanTech Solutions takes the following steps to identify and manage the risk of modern slavery in our business and supply chains:
Before engaging with new business partners, advisors, or material suppliers, we conduct background checks and review publicly available information regarding their approach to labour standards, human rights, and regulatory compliance.
As part of our advisory mandate processes, we incorporate scrutiny of labor and human rights considerations into the broader due diligence frameworks we deploy alongside legal, technical, and insurance advisors — particularly in relation to infrastructure and energy projects.
We seek to include, where appropriate, representations and obligations regarding compliance with the Modern Slavery Act 2015 and equivalent anti-slavery legislation in our engagement letters and contractual arrangements with counterparties.
We maintain awareness of evolving best practice, regulatory developments, and sector-specific risk indicators relating to modern slavery and human trafficking.
Fresco CleanTech Solutions is committed to ensuring that all members of our team and our associates are aware of the risks of modern slavery and human trafficking and understand how to identify and report concerns.
Our approach includes:
• Briefing new team members and associates on this statement and our expectations regarding ethical conduct and modern slavery.
• Sharing relevant updates on modern slavery risk and best practice with our team as they arise.
• Encouraging open dialogue about ethical concerns at all levels of our organisation.
As our business grows, we will review and formalize our training framework in line with the scale and complexity of our operations.
Our commitment to combating modern slavery is a natural extension of our broader corporate social responsibility ethos. Fresco CleanTech Solutions actively supports:
• Education and youth employment initiatives, including The Brokerage (UK) and Halogen (Singapore), helping young people — including those from disadvantaged backgrounds — access career opportunities in a fair and supportive manner.
• Mentoring programs, including the Heat Exchanger Mentoring Program (HEMP), fostering equitable access to professional development.
• The mitigation of food waste, supporting the UN's Food and Agriculture Organization's goals — recognizing that poverty and food insecurity are root causes of vulnerability to exploitation.
The WiN Finance network, founded by Fresco CleanTech Solutions, promotes gender-inclusive participation in nuclear finance — addressing structural inequalities that can leave individuals, particularly women, vulnerable to exploitation.
Fresco CleanTech’s overarching mission to enable investment that addresses the United Nations' climate change tenets is itself inseparable from the UN's Sustainable Development Goals, which include SDG 5 (Gender Equality), SDG 8 (Decent Work and Economic Growth) and SDG 16 (Peace, Justice and Strong Institutions).
For the financial year 2025–2026, Fresco CleanTech Solutions will measure its progress against modern slavery commitments using the following indicators:
• Completion of modern slavery awareness briefing for all active team members and associates.
• Inclusion of modern slavery compliance provisions in all new engagement letters and material supplier agreements.
• No confirmed incidents of modern slavery identified within our operations or direct supply chain.
• Annual review and re-approval of this statement by the Founder and Principal.
Any person — whether a member of our team, an associate, or a third party — who has concerns about possible modern slavery or human trafficking involving Fresco CleanTech Solutions or any party connected to our work is encouraged to raise those concerns promptly.
Concerns may be reported directly to our Founder and Principal, Doreen Abeysundra, in confidence at info@frescocleantech.solutions. We will not tolerate any retaliation against any person raising a genuine concern in good faith.
Where appropriate, concerns may also be reported to the relevant authorities, including the UK's Modern Slavery Helpline: 0800 0121 700 (free, 24/7).
This statement was approved by the Founder and Principal of Fresco CleanTech Solutions and will be reviewed and updated annually.
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