Ethical Procurement Policy

Ethical Procurement Policy

Understanding and Commitment

• ensure consistent understanding of business ethics across the organisation at all levels
• continually enhance knowledge of all relevant laws and regulations in the countries in which the organisation operates, either directly or indirectly
• commit to eradicating unethical business practices including human rights abuses (such as modern slavery and child labour), bribery, fraud and corruption.

Ethical Practice

• conduct all business relationships with respect, honesty and integrity, and avoid causing harm to others as a result of business decisions
• treat all stakeholders fairly and impartially, without discrimination or favour
• actively support and promote corporate social responsibility (CSR)
• avoid any business practices which might bring the procurement profession into disrepute.

Professionalism

• use procurement strategies to drive unethical practices from the supply chain
• ensure procurement decisions minimise any negative impact on human rights and the environment whilst endeavouring to maximise value and service levels
• put ethical policies and procedures in place, regularly monitored and updated, and ensure compliance
• mandate the education and training of all staff involved in sourcing, supplier selection and supplier management to professional standards
• practise due diligence in all business undertakings

Accountability

• accept accountability and take ownership of business ethics
• foster a culture of leadership by example
• take steps to prevent, report and remedy unethical practices
• provide a safe environment for the reporting of unethical practices

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