Modern Slavery Statement 2025

Owning the world's largest synthetic aperture radar (SAR) satellite constellation, ICEYE provides objective, near real-time insights, giving customers access to actionable data during day and night and even in challenging weather conditions. As a trusted partner to governments and commercial industries, ICEYE delivers intelligence in sectors such as insurance, natural catastrophe response and recovery, security, maritime monitoring, and finance, enabling decision-making that contributes to community resilience and sustainable development.


The parent company of the ICEYE Group, ICEYE Oy, is headquartered in Finland, and operates internationally with more than 700 employees, and subsidiaries in Poland, Spain, the United Kingdom, Australia, Japan, the United Arab Emirates, Greece, and the United States. The subsidiary based in the UK employs close to 30 people and focuses on sales activities and sales operations management. 


ICEYE has a global value chain, extending from the sourcing of goods and services from suppliers to delivering data-based services and solutions to customers around the world. The majority of the company’s direct suppliers are located in Europe and the US. 

ICEYE is committed to respecting internationally recognized human rights, including the International Bill of Human Rights, the UN Guiding Principles on Business and Human Rights, and the International Labour Organization’s Labor Standards. We take action to continuously develop our operations in alignment with these standards and to identify and address potential adverse impacts on people that are associated with our business activities. 


We explicitly prohibit any form of modern slavery in our operations and supplier relationships, including child labor, forced labor and human trafficking. We expect our business partners to commit to international human rights and labor standards in their operations and chain of activities, and prohibit the use of ICEYE’s products and solutions in ways that may violate human rights. 

ICEYE’s Code of Conduct defines the framework for ethical behavior and business conduct for employees and business partners. It promotes high ethical standards throughout our operations and value chain, including human rights and prevention of modern slavery. 


The respect for human rights and prohibition of modern slavery are also an integral part of ICEYE’s human resources policies that outline our dedication to responsible employment practices. We are committed to complying with all applicable labor laws and regulations, and providing our employees with adequate compensation, reasonable working hours, safe and healthy working conditions, and freedom of expression and association. We protect the privacy and personal information of our employees, and do not tolerate  any discrimination, harassment or violence at the workplace.

ICEYE’s Supplier Code of Conduct outlines our expectations for suppliers regarding ethical business conduct and  respect for human and labor rights, including an explicit prohibition of child labor, forced labor and slavery. We expect all our suppliers to commit to the principles of the Supplier Code of Conduct.

We conduct due diligence to identify, assess and mitigate adverse impacts on human rights, including potential cases of modern slavery, in our operations and supply chain, and constantly develop our due diligence and risk management processes to improve our performance. 

We conduct regular employee surveys and risk assessments in our operations, and use supplier evaluations with performance indicators to assess their compliance with our standards in the areas human rights and prevention of modern slavery. 

We maintain effective grievance mechanisms for internal and external stakeholders to raise concerns about potential human rights and modern slavery related violations. We are committed to investigating all grievances in a just and timely manner, protecting the whistleblowers against retaliation, and applying appropriate remedial actions with respect to any suspected violations.

We provide our employees with regular Code of Conduct training to raise awareness on ethical business conduct and to implement the prohibition of modern slavery in our operations and business relationships. The training is mandatory for all ICEYE employees.

We have established key performance indicators (KPIs) related to human rights and prevention of modern slavery.  We track the progress of these indicators regularly, and disclose information on our performance in accordance with applicable laws and regulations. To this date, ICEYE has had no confirmed cases of modern slavery, or legal proceedings regarding suspected violations.

ICEYE takes responsibility for this Statement and the implementation of measures to prevent any form of modern slavery and human trafficking in its business activities. This statement has been approved by the ICEYE Board of Directors on May 15, 2025, and will be reviewed and published annually to reflect our progress in the prevention of modern slavery.

May 15, 2025




Rafal Modrzewski


Chief Executive Officer, Co-founder
ICEYE Oy