Since 2008, we have been working systematically to implement our Code of Conduct and to identify, minimize and monitor supplier risks.
An initial risk assessment of all suppliers is conducted. Monitoring takes the form of self-assessment and, if necessary, independent third-party audits.
Our starting point is to focus efforts where they do the most good. Priority supplier and purchasing categories are those:
- for which we have identified high risk and significant improvement potential
- where we are a major player and have a good opportunity to exert an influence
- that are business critical
Each supplier audit must make a difference!
A clear goal is that each completed audit will contribute to the improvement. If we discover a derogation from our Supplier Code of Conduct, we draw up an action plan with the supplier. Depending on the type and severity of the derogation, a follow-up audit is conducted within 6 to 12 months.
Only when the supplier has demonstrated that all derogations have been remedied is the audit considered to be completed and approved.