Third-Party Monitoring and Screening
We have established robust supply chain risk management policies, guidelines and systems to guide our responsible supply chain practice, including the materials and minerals we purchase for use in our products and the suppliers with whom we choose to partner. These guidelines, policies and practices are outlined in our Supplier Code of Conduct and Anti-slavery and Human Trafficking Policy. Our Anti-slavery and Human Trafficking Policy strictly prohibits the use of slavery and human trafficking in our operations or our supply-chain and we are committed to implementing systems and controls aimed at ensuring this. We expect our suppliers to hold themselves and their own suppliers to these same high ethical standards. Our Supplier Code of Conduct and other policies reinforce our commitment to human rights and enhance supplier awareness on actual or potential non-compliance matters.
As part of our third-party due diligence process, we preemptively screen and evaluate our suppliers and business counterparties for any known ethical and compliance risks. Our vetting tools compare our existing or potential counterparties against a worldwide database of information. Third parties identified in the database with a high level of risks are subject to additional due diligence and information requests.