How does your organization approach its relationships with suppliers by considering supply chain risks and sustainability impacts, and do you incorporate social and environmental criteria when selecting suppliers?
CSRD
This indicator requires you to disclose:
(a) Approach to Supplier Relationships:
Describe your organization’s approach to managing relationships with suppliers, considering:
Risks related to the supply chain, including financial, operational, and reputational risks.
Impacts on sustainability matters, such as:
Ethical labor practices.
Human rights considerations.
Environmental sustainability.
(b) Social and Environmental Supplier Selection Criteria:
Explain whether and how your organization integrates social and environmental criteria in supplier selection, such as:
Labor rights compliance (e.g., fair wages, no child or forced labor).
Diversity and inclusion (e.g., sourcing from minority-owned or women-led businesses).
Environmental impact assessment (e.g., carbon footprint, water usage, sustainable sourcing).
Certifications and compliance standards (e.g., ISO 14001 for environmental management, SA8000 for social responsibility).
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