Supply Chain Management
We drive supply chain responsibility, including for issues related to human rights, by requiring that all our suppliers comply with our Supplier Code of Conduct ("Supplier Code"). The Supplier Code establishes our expectations regarding workplace standards and business practices for our suppliers.
Our Supplier Code requires our suppliers to comply with applicable laws and regulations related to human rights topics such as equal employment opportunities, discrimination and harassment, freedom of association, child and forced labor, slavery, human trafficking, and health and safety. In addition to human rights, the Supplier Code sets forth policies for suppliers to follow in addressing our expectations regarding environmental responsibility, product compliance, anti-bribery and anti-corruption, trade compliance, fair dealing, conflicts of interest, anti-money laundering, conflict minerals, protection of confidential information, data security and privacy, safety, and ethical employment practices and non-discrimination.
Our Supplier Code states that each supplier must comply with all laws and regulations applicable to its business in the countries where it does business. While laws, regulations, business practices, and customs can vary greatly from one country to the next, the Supplier Code sets forth the minimum requirements that all our suppliers must meet. In addition, we make it clear that suppliers may report any ethical or legal concerns through our Global Hotline. Our supply chain teams proactively reach out and engage with suppliers, reviewing the Code of Conduct with them to confirm their understanding and acknowledgement of our practices.
Transparency in Supply Chain Disclosure
Many of our operating companies include a “Transparency in Supply Chain Disclosure” statement on their websites in accordance with applicable laws that affirms our commitment to oppose the use of forced, bonded, involuntary, prison, or indentured labor.
We train our supply chain employees annually on the need to be aware of modern slavery risks and the red flags that may help identify potential violations. In 2021, nearly all supply chain employees completed1 the Supply Chain Due Diligence Act online training course. Our supply chain employees are expected to stay vigilant about these issues and report any suspicious activity to management so that it can be addressed.
We also have a supplier evaluation scorecard which evaluates supplier health and safety, quality, and other practices including not using child labor.
Our Supplier Code also includes environmental sustainability expectations for our suppliers. For more information, please visit our Environmentally Responsible Sourcing webpage.
We also maintain a comprehensive compliance vetting program to screen third parties who provide goods and services to us and our operating companies to further ensure we conduct business only with suppliers who share our commitment to the values and principles in the Supplier Code. For more information on our third party vetting program, please visit our Ethics and Compliance webpage.