We strive to maintain a supply chain that is reliable, resilient, flexible and most importantly, responsible and ethical. We have established supply chain risk management policies, guidelines and systems to guide our responsible supply chain practices. These include guidance and due diligence with respect to the materials and minerals we purchase for use in our products and the suppliers with whom we choose to partner. We strive to diversify our suppliers and source our materials locally, where possible or as needed.
Our Supplier Code of Conduct applies to all our suppliers around the world. This Code reinforces the principles of our Business Conduct and Ethics Policy by providing examples of actual or potential non-compliance and good management practices. Both our Code and Policy, aligned with our Anti-slavery and Human Trafficking Policy, strictly prohibit the use of slavery and human trafficking in our operations and supply-chain. We expect our suppliers to hold themselves and their own suppliers to these same high-ethical standards.
Supply Chain Risk Management
Our supply chain teams and business units work closely to maintain responsible sourcing practices that are compliant with applicable local laws and regulations. Local teams lead our responsible sourcing practices on the ground according to Corporate guidance. In addition, we develop goals and lead our facilities and suppliers in the implementation of responsible sourcing initiatives.
As indicated in our Supplier Code of Conduct, issues such as human trafficking, slavery, forced/prison labor and child labor are zero tolerance violations. When and where necessary, our supply chain teams receive training on conflict minerals and/or human rights issues to raise and maintain internal awareness with respect to ESG-related risks.
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.