As a trusted provider of equipment and components to our customers, it is critical that we maintain a
supply chain that ensures our ability to produce and ship quality products and take measures to identify
and manage risk of sourcing materials, including considering the environmental impacts. Many of the
large customers that we supply have ambitious environmental goals, and through our science-based
targets to reduce our own carbon footprint, we seek to deliver environmentally responsible products
that meet their needs. While we have made significant progress, we know we can only fully achieve this
by holding our suppliers accountable to the same standards.
EMBEDDING ENVIRONMENTAL MANAGEMENT IN THE SUPPLIER CODE OF CONDUCT
We drive supply chain responsibility, including for issues related to environmental protection, by requiring that all our suppliers, prior to onboarding, agree to comply with our Supplier Code of Conduct (the “Supplier Code”). The Supplier Code establishes our expectations regarding environmental issues, workplace standards, and business practices for our suppliers.
STRENGTHENING OUR SUPPLIER SCREENING ON ENVIRONMENTAL ISSUES
We provide annual training for our employees who directly engage with our supply chain. Training
topics include the Dover Code of Conduct and Conflicts of Interest. Additionally, we utilize a supplier
evaluation scorecard which evaluates supplier environmental management certification (e.g., ISO
14001), environmental health and safety, quality (including continuous improvement and Six Sigma) and
other practices.
We are in the process of engaging with suppliers more directly on environmental issues and have plans
to increase environmental standards such as by requiring suppliers to complete a sustainability
assessment.
Each year we report on our climate and water-related environmental engagement with our suppliers
and customers in our Climate Change and Water CDP responses.
ENVIRONMENTAL SUSTAINABILITY EXPECTATIONS FOR OUR SUPPLIERS
We are committed to creating economic value for our shareholders and customers through sustainable
practices that protect the long-term well-being of the environment, employees, and the communities in
which we operate. Our suppliers are required to comply with all applicable environmental laws,
regulations, and standards and minimize any adverse impact on the environment. Our suppliers must
also endeavor to conserve natural resources, including water and energy, and reduce or eliminate waste
and the use of hazardous substances. Dover expects suppliers to support its environmental reporting by
promptly responding to Dover’s information requests regarding sustainability commitments and
progress.