ENSURING
ETHICAL WORKING PRACTICES
IN OUR SUPPLY CHAIN
Our responsibility doesn't stop at the company gates. As stipulated in the French Devoir de vigilance, companies have a responsibility to prevent all risks relating to the environment, human rights, labour practices and corruption within their own activites but also in those of their subcontractors and suppliers. The United Nations Global Compact has established 10 principles to guard against these risks. To monitor practices in our supply chains, we have become a member of SEDEX, an independent organisation that supports companies in their management of social and environmental risk within their supply chain.
OUR OBJECTIVES
100% of our strategic suppliers who have signed our code of conduct.
>64% of our strategic suppliers have had a SMETA audit in the last two years.
OUR PROGRESS
In FY24, we strengthened our Sustainable Procurement programme by increasing the proportion of audited strategic suppliers from 49% to 64% over the last two years. We also reviewed and enhanced ou post-audit process. After a SMETA audit, the third-party auditor provides a Corrective Action Plan in a timely manner. The Quality Compliance and Control team now manages this process, working directly with suppliers and raising alterts to the Sourcing, ESG, and Legal Teams if a supplier is classified as high risk (e.g., >5 Major Non-Compliances and/or > Critical Non-Compliance) following an audit.
"In the QC & Compliance department, the ESG control of our suppliers is and integral part of our strategic priorites for FY25. We are strengthening our actions in this field by conducting more SMETA 4-pillar audits with our suppliers and closely monitoring the implementation of corrective actions within the given deadlines following any case of non-compliance. It is important to note that when the level of criticality surpasses our internal criteria, we are able to initiate additional follow-up audits to verify the implementation of concrete actions on the ground, allowing us to efficiently elminate the most significant risks."
Marc-Alexandre Soulet, QCC Director
OUR CHALLENGES AND PERSPECTIVES
- Maintain supplier engagement on SEDEX.
- Sustain our SMETA audit frequency for strategic suppliers.
- Communicate more broadly on our suppliers' corrective actions and the corresponding results.