Our suppliers

The sustainability of our supply chain is a core focus in our commitment to responsible business practices. We believe in creating a transparent, ethical, and environmentally conscious supply chain. This involves partnering with suppliers who share our values, uphold fair labor practices, minimize their environmental impact, and prioritize sustainable sourcing.

We are dedicated to reducing carbon emissions, promoting ethical sourcing, and ensuring the well-being of workers throughout our supply chain. By fostering sustainability at every step, we aim to create a resilient and ethical supply chain that delivers value while preserving the planet and benefiting all stakeholders involved.

Corporate Sustainable Sourcing Policy

Deforestation-free Supply Chains Policy

Supplier Code of Conduct 

Contractor Code of Conduct 


Objectives 2030:

  • 80% of commodity suppliers to accept and sign our Supplier Code of Conduct with ESG principles by 2027.
  • 80% new suppliers to provide/fill-in ESG self-assessment by 2027.
  • 500 farmers will be trained on conservation and regenerative agriculture by 2028.
  • We will facilitate 500 extensive soil sampling and analysis on farmland by 2028.
  • 20% of key agricultural commodities will be sourced in line with sustainable agricultural principles* by 2030.
  • 500 primary suppliers of key commodities will be audited on ESG principles and criteria at least once by 2030.

                     

* Any of third-party certifications: ISCC, Global GAP, GRASP, Organic, Rainforest Alliance, Fair Trade International, etc.


Our responsible sourcing approach:

Our responsible sourcing approach is founded on a commitment to ethical practices, environmental stewardship, and social responsibility throughout our supply chain. We prioritize sourcing from suppliers who share our values of fair labor practices, environmental conservation, and product integrity. Through thorough vetting, transparent partnerships, and regular audits, we ensure compliance with sustainability standards and ethical guidelines. We strive to trace the origins of our materials, promote sustainable farming and production methods, and support local communities. Our responsible sourcing approach underscores our dedication to making conscientious choices that positively impact people, the planet, and the quality of our products.

Responsible sourcing and sustainable supply chains is a key component in Company’s long-term sustainable strategy.


                                                       


Responsible sourcing approach (continuation):

The process of sourcing commodities and goods precedes the start of any commercial relations with suppliers.

1.Risk assessment / Pre-check
First of all, we assess the region / country of supply from sustainability point of view. This allows us to   identify countries and markets that need increased attention and a special approach to environmental,   social and governance aspects.
2.Supplier On-boarding
As per the results from the risk assessment and pre-check, we further establish the sourcing strategy. If the region   or country is or has been known for significant environmental, social or ethical issues, then we refrain from   initiation of any cooperation.   If no significant risks have been found, the on-boarding process starts and suppliers   are offered our Corporate Sustainable Sourcing Policy and Supplier Code of Conduct with our ESG commitments   and expectations in the areas of human rights, employee standards, occupational health and safety, environment,   anti-corruption, food safety and quality, which suppliers are required to acknowledge, sign and commit to.
3.Self-assessment / Audit
At the beginning of business cooperation, suppliers are required to disclose sustainability performance or to   complete a self-assessment questionnaire with environmental, social and governance criteria. Depending on   available resources and competences, part of suppliers will be audited to validate the disclosed information in   self-assessment questionnaires or otherwise. Our audits consist of on-site visits by a company team   composed of sustainability and acquisition functions to inspect the premises, equipment, processes and   discuss with employees.
4.Analysis
A company dedicated team composed of sustainability and commercial functions will analyze the disclosed   information by suppliers, the self-assessment questionnaires or audit reports to identify sustainability deficiencies   and areas for improvement. Based on this analysis, suppliers will be included in the list of accepted suppliers and   will be assigned different sustainability risk categories. Depending on sustainability risk category, suppliers will be   approved, approved with conditions or, those who fail to comply to basic criteria, will be rejected. The failure to   meet local legal requirements, the use of child or forced labor, involvement in deforestation or other activities   with significant environmental or social impact are disqualifying criterial.
5.Corrective Actions
Based on deficiencies and areas for improvement identified, suppliers will be required to draw-up and commit   corrective or improvement action plans. During the period of acceptance, the suppliers will be monitored related   to the progress made vs. the agreed action plans until next assessment or audit.
6.Re-assessment / Re-audits
Re-assessment and re-audits will be planned based on supplier risk level assigned at the analysis stage of the   process. Re-assessments and re-audits will be performed to monitor overall performance of suppliers, to follow-  up on the agreed action plans and confirm continuous improvement. Repeated serious noncompliance are   disqualifying conditions and will lead as well to termination of the commercial relationship.

 

Supplier assessment/re-assessment, analysis and monitoring activities, is an on-going process, and the list of accepted suppliers is a dynamic one, new suppliers coming in and suppliers being excluded, in order to promote and improve sustainability in the supply chain.


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