We recognise that our influence on sustainability extends beyond our own operations and includes our supply chain.
To date, we have made two significant advances related to sustainability and our suppliers. The first is the rollout of our on-line supplier profile and self-assessment tool. The second is the development of our Supplier Code of Conduct.
The Group has made these tools available to our business divisions to allow them to tailor their use to meet their unique supply chain risks and the demands of their markets. Further, the Invensys Supplier Code of Conduct is available on our web site. The on-line self-assessment tool allows us to compile and rate compliance and performance of our suppliers in a more structured and easily-accessible format. As our database of supplier information expands, this information will be considered in supplier selection for future work.
The Invensys Supplier Code of Conduct integrates many relevant aspects of the Invensys Code of Conduct, leaving out provisions that are not necessarily relevant to suppliers but more relevant to Invensys employees.
We seek to have all suppliers comply with the Supplier Code of Conduct. In developing and deploying our Supplier Code of Conduct, we recognised that, although there are local and national differences in business and regulatory standards, there are a number of minimum standards that must be achieved by all.
As part of our supplier selection process, Invensys may give preference to those suppliers who are socially and environmentally progressive and who comply with the letter and spirit of the Supplier Code of Conduct. Additionally, non-compliance with the Supplier Code of Conduct may result in supplier disqualification.
Click here to download our Supplier Code of Conduct