© 1996-2020 Amgen Inc. All Rights Reserved. sustainability stories. Sometimes it seems like corporate sustainability and supplier diversity are competing objectives, but when we break down sustainability into its three pillars, it becomes clear that sustainability and diversity complement each other. new 500: the 3+1 completes the range. improving the sustainability of our supply chain, By being transparent and engaging with a wide variety of stakeholders – ranging from customers, governments and NGOs to suppliers, employees and investors – we are able to identify issues and opportunities and gain insights that we use to refine our supplier sustainability strategy. Reimbursement Support Services and Financial Assistance Programs. Philips ranked 4th among the top electronics companies on efforts to use and invest in conflict-free minerals in our products. The three MNCs in our study have taken a number of steps to promote suppliers’ social and environmental responsibility: 1. By incorporating diverse businesses into our supply chain, we gain access to innovative, responsive and cost-competitive solutions for our clients. This program gives diverse carriers access to more business to maximize their earnings. Philips’ achievements in sustainability, Philips Annual Report: Supplier Sustainability Indicators. At the core of the process is Valmet’s own supplier sustainability auditor pool, which consists of Valmet professionals from global procurement. On-going monitoring of emerging global regulatory requirements associated with supply chains, to ensure that our Supplier Sustainability Program addresses those requirements in all markets in which we operate. It affects our product and service strategies. Supplier Sustainability Program The objective of our Supplier Sustainability Program is to ensure the promotion and recognition of sustainable practices across our supply chain by extending CEMEX’s sustainability commitment, practices, and beliefs to our suppliers. These programs cover the assessment of supplier sustainability performance, management of regulated substances, conflict minerals, circular procurement, improvement of working conditions, and responsible sourcing initiatives. We then translate this strategy into dedicated, improvements in social and environmental performance, clear guidance on required standards and behaviors, our achievements in advancing supplier sustainability, Philips honored for its Supplier Sustainability Performance program with the prestigious 2018 Supplier Engagement Award by the. Insights from data analysis showed the reliance on auditing was insufficient to drive sustainable improvements and often leads to audit fatigue. SPLC’s Strategic Program Planning Process (SP3) assists members with developing a strategic approach to sustainable purchasing. Strategic Supplier Sustainability Assessments Our strategic suppliers, representing 80% of supplier spend, are engaged with sustainability assessments on 1- to 3-year cycles. They require first-tier suppliers to set their own long-term sustainability goals. At Philips, we are constantly raising the bar as we strive to create a sustainable supply chain. By being transparent and engaging with a wide variety of stakeholders – ranging from customers, governments and NGOs to suppliers, employees and investors – we are able to identify issues and opportunities and gain insights that we use to refine our supplier sustainability strategy. Other elements of the Program include: Links providing more details on the elements within the Supplier Sustainability Program are provided below. Our 4 key focus areas include: *Knowledge and Innovation *Opportunities and Revenues *Cost and Risk Reduction *Reputation and Brand . Since 2007, we’ve strived to: Advance ecological responsibility, excellence and innovation in our supplier network For instance, nearly 100 percent of Amgen’s paper-based packaging components for clinical and commercial products are sourced from certified-sustainable forests. This strategic approach allows our members to commit to goals and strategies that align to their organizational priorities and have a positive impact on the environment and society. commitment. Champions and subject matter experts from each global region will engage PSM and EHS. The Supplier Sustainability Toolkit is intended solely to provide general guidance on matters of interest only and does not constitute professional advice. See our Careers Outlook page for more information about sustainability jobs such as global supply manager, sustainability program coordinator, chief sustainability officer, sustainable logistics consultant, director of sustainability, and sustainability specialist. We would like to invite you to find out more about our new five year sustainability program running from 2016-2020, ‘Healthy people, sustainable planet.’, Selected products We invest in relationships with suppliers who provide a safe working environment, treat workers with respect, and work in an environmentally sound way. Today we’re excited to launch a new sustainability program to support supplier diversity. This goal extends beyond our innovative products, systems and services to our supply chain. Our dedicated programs are driving improvements in social and environmental performance in our supply chain We have developed a number of strategic programs to help our suppliers improve their sustainability performance, thus supporting our ambition to create a healthier, more sustainable world. Sustainable supplier management is a prioritized area at Sandvik. Amgen’s extensive global network of suppliers is not only vital to our ability to provide high-quality medicines reliably and efficiently, it also represents an opportunity to extend our ability to positively impact the communities and environments in which we operate. At Philips, we are on a mission to improve people’s lives. Yet the companies I’ve seen that are most committed to sustainability repeatedly follow a three-step formula, which can serve as a model for establishing and maintaining a sustainability program in … regional stories. Our Supplier Standards, as communicated on purchase orders and in our contract terms and conditions, outline the key values which we expect suppliers … Advancing carrier diversity means creating a carrier network that reflects the diversity of … Amgen’s Corporate Social Responsibility program emphasizes that our value to society goes beyond making vital medicines, and it is also important to recognize that our value goes beyond the boundaries of our own operations. 4. Science-based Sustainability Measurement THESIS gathers and analyzes information across a product’s life cycle—from sourcing, manufacturing and transporting, to selling, customer usage and end of use, and was developed by The Sustainability Consortium (TSC), a global organization dedicated to improving the sustainability of consumer products. Learn more about SP3. Sustainability Northwoods volunteers will help you understand WPSC’s Energy Wise program and walk you through signing up for it. It influences how we select and manage our supply chain priorities, processes and partners. sustainability news. A commitment to integrity is critical to how we conduct business and maintain our outstanding reputation in the communities in which we do business. Access to Medicines Initiatives Outside the U.S. Non-Healthcare Donations and Sponsorships, Amgen's Commitment to Diversity, Inclusion and Belonging, Corporate Responsibility Strategy & Governance, Our Approach to Pricing, Access and Affordability, Corporate Responsibility Strategy & Governance, Our Approach to Pricing, Access and Affordability, Transformative Treatments, Approaches and Technology, Partnering with Suppliers to Promote Environmental Sustainability. The following describes the 4 pillars of Arconic’s Supplier Sustainability Program: 1. We have developed a number of strategic programs to help our suppliers improve their sustainability performance, thus supporting our ambition to create a healthier, more sustainable world. watch the 2019 sustainability highlights. VBDO (Dutch Association of Investors for Sustainable Development) Philips winner of Benchmark 2014 ‘A comparison of responsible supply chain practices of global multinationals’ for the eighth year in a row. We then translate this strategy into dedicated programs designed to help our suppliers improve their social and environmental performance. Implement the supplier sustainability program globally and regionally through the work of the Global Council and cross-functional teams. They include lower-tier suppliers in the overall sustainability strategy. DJSI (Dow Jones Sustainability Index) Philips sets the benchmark (99%) for responsible supply chain management. Suppliers are expected to understand and comply withLear’s Code of Business Conduct and Ethics (http://ir.lear.com/static-files/7228f685-6f88-41c3-94d4-753ca6d888a2), and demonstrate the highest standard of integrity and ethical conduct in all business a… Sustainability involves the entire supply chain, from tier 1 suppliers to tier 3 suppliers to retailers. Waupaca Foundry, Inc. (WFI) has developed primary business goals to achieve sustainable growth between now and 2020. 2. indexes and ratings. Auditing suppliers for sustainability Every year, Valmet conducts around 50 sustainability audits for its suppliers as part of its sustainable supply chain program. HGI is committed to abiding by, and upholding, the SFI program requirements. Building a Sustainable Supply Chain is a central component of the Postal Service’s corporate-wide sustainability program. Collaboration with suppliers to understand the environmental footprint of our products over their lifecycles, including the use of Product Sustainability Profiles to identify opportunities for improvement. They have established long-term sustainability goals. Lear conducts business with integrity and in compliance with all applicable laws and regulations. Our Supplier Inclusion & Sustainability Program, which reaches 18 countries, allows us to drive a more-inclusive marketplace. 3. We use this figure to explain how our sustainability efforts help build value at Comerica. sustainability stories. Small business can face many challenges when it comes to sustainability.. Recognizing the importance of our relationships with suppliers to achieve our mission, we have developed a Supplier Sustainability Program that is designed to ensure that our suppliers not only address quality, cost and reliability requirements, but also a wide range of sustainability and Corporate Social Responsibility considerations, in such areas as business ethics, labor and human rights, and … Supplier Diversity Program Rutgers' Supplier Diversity Program seeks to build business relationships between qualified minority-owned, woman-owned, and veteran-owned business enterprises and … b. © Koninklijke Philips N.V., 2004 - 2020. While this is a good foundation for a claim that a well-run iron components supplier is an environmentally sustainable business, other opportunities exist to improve a manufacturer’s environmental performance. fiat 500 and panda hybrids. Our SSP approach is characterized by: sitemap | legal | uk modern slavery act | privacy | … a. With a supply base stretching out from small local manufacturing units to multinational raw material and components suppliers and from labor-intensive to high-tech operations, it is essential to partner with suppliers who embrace the same sustainability values that we uphold. Griffith Foods’ suppliers are evaluated on their policies and practices in issues surrounding People and Planet. Building upon our company-wide sustainability strategy, our policies set out Philips’ position on topics that are of material importance to the sustainability performance of our supply chain. We appreciate the many awards and other forms of recognition we have received for our efforts over the years. A ranking of the organizations doing the most to embrace sustainable business practices was revealed Tuesday at the World Economic Forum annual meeting in … The Signify Supplier Sustainability Declaration (SSD) covers labor and human rights, worker health and safety, environmental impact, ethics, and management systems. Building a Sustainable Value. We look to make progress in each of these areas on a yearly basis. Sustainability performance assessments to evaluate key suppliers’ performance in relation to Amgen’s Supplier Code of Conduct. In December 2008 the Postal Service issued our national Green Purchasing Plan. The plan provides environmentally preferable criteria for … Beyond auditing In 2016, Philips introduced the Supplier Sustainability Performance (SSP) program to replace the traditional approach of auditing. Include supplier sustainability support and adherence to the program … We developed our Supplier Program so that we can engage suppliers of all sizes around the world who may be at very different stages in their responsible sourcing journey. We Energies provides electrical service to areas of Wisconsin and Michigan's Upper Peninsula, and natural gas and steam energy to areas of Wisconsin. They task a point person on staff with extending the firm’s sustainability program to first- and lower-tier suppliers. All rights reserved. 3 3 Supplier diversity and sustainability spend and performance excludes content and programming spend. For a full understanding of the various requirements, please download the respective policies. Use of the Green Packaging Design rating system to increase use of environmentally-preferable packaging. Recognizing the importance of our relationships with suppliers to achieve our mission, we have developed a Supplier Sustainability Program that is designed to ensure that our suppliers not only address quality, cost and reliability requirements, but also a wide range of sustainability and Corporate Social Responsibility considerations, in such areas as business ethics, labor and human rights, and environmental impacts. Sustainable Purchasing Leadership Council. We are excited to announce that 80% of our raw material purchases come from suppliers considered Silver, Gold or Platinum level partners in our Supplier Sustainability Program! These are all beneficial measures that other companies shoul… The top reason that survey respondents gave for their companies’ failure to capture the full value of sustainability was the lack of incentives to do so. Only 1 company in 12 includes sustainability criteria in calculating performance-based compensation for executives, and only 1 in 7 rewards suppliers for good sustainability performance. Communicate Expectations. In line with the requirements of the UK Modern Slavery Act and the California Transparency in Supply Chains Act, the SSD explicitly covers articles on Freely Chosen Employment. To maintain its outstanding sustainability program, HGI was audited to the new SFI 2015-2019 Standards and was again awarded the SFI Certified Sourcing certificate of registration. The Supplier Code of Conduct is the foundation for the Supplier Sustainability Program, establishing the fundamental expectations that Amgen has for its suppliers. ABB has also developed the Supplier Sustainability Development Program (SSDP), to improve the sustainability performance of our suppliers, especially those exposed to sustainability risks. 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