Our approach to supplier management focuses on more than just quality, delivery reliability and competitive pricing - for us, compliance with fundamental environmental and social standards is also a key goal. To achieve this, we have implemented strategies, processes and guidelines that we continuously monitor and work to improve. These aim to prevent violations of our standards throughout our supply chain. We have a special responsibility to developing and emerging countries, which are becoming increasingly important to us as sourcing markets.
Our principles
Our basic expectations for suppliers and service providers include their compliance with fundamental environmental and social standards, which are derived primarily from the International Labour Organization (ILO) Core Labor Standards and the principles of the UN Global Compact.
suppliers – PrinciplesProgress
In 2015, we started utilizing the methodology of the Together for Sustainability initiative to evaluate our vendors. We continued to stringently monitor the working conditions in mica mines.
suppliers – ProGRess