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In each of these supplier code of conduct examples you’ll see common themes including statements about labor practices, ethics and environmental expectations. As you explore each, note how they differ.
McKinsey requires Suppliers to fully comply with the applicable legal requirements of slavery, forced labor and human trafficking laws (e.g., UK Modern Slavery Act 2015), and expects Suppliers to enact practices to ensure compliance with such laws.
A supplier code of conduct is an opportunity for your company to create a mutual understanding with your suppliers about your core values. It can help you attract the suppliers that suit you the best – and vice versa – create clarity to identify those that aren’t a match.
suppliers should feel able to raise issues without any fear of retaliation or discrimination. To that end, we provide an ethics hotline to deal with sensitive ethical issues. This Supplier Code of Conduct sets forth the minimum standards of business conduct that we expect from all of our suppliers: 1.
A supplier code of conduct helps a company ensure that its suppliers, subcontractors and subsidiaries share its values with regard to labor standards, health and safety, environmental impacts and business ethics.
Bayer has developed a Supplier Code of Conduct which sets forth key social, ecological and ethical standards that the Bayer Group expects its suppliers and subcontractors to share.
Supplier Code of Conduct (the “Code”) is an essential tool that outlines the guidelines, expectations, and policies for the suppliers doing business with us, including helping DuPont achieve its sustainability goals. The Code applies to all our suppliers. DuPont reserves the right to modify, revise, or alter this Code,
In line with the latest relevant international frameworks, standards and legislation governing ethical and sustainable business practices, our Supplier Code complements our comprehensive and binding ABB Code of Conduct, which was also updated in 2023.
Understand why a supplier code of conduct is important. • Research the business benefits of establishing a supplier code of conduct. • Evaluate the potential risks to the company associated with not having a supplier code of conduct in place.
Supplier Code of Conduct. Both new and existing suppliers are selected and evaluated beyond the basis of economic criteria. We also look closely at environmental protection, compliance with human rights, labor and social standards as well as anti-discrimination and anti-corruption policies.