< | Supplier Code of Conduct
Pierian Ltd recognizes that its responsibility extends beyond its own walls. Its commitment to ethical practices encompasses its entire supply chain, reflected in its robust Supplier Code of Conduct. This comprehensive document acts as a roadmap for all companies and individuals partnering with Pierian, ensuring alignment with the group's core values of integrity, responsible sourcing, and worker well-being.
Demanding Ethical Standards:
At the heart of the Code lies a firm stance against unethical practices. Suppliers must demonstrably comply with a variety of legal and ethical frameworks, including:
Human Rights: Upholding internationally recognized human rights principles enshrined in the Universal Declaration of Human Rights and International Labour Organization standards forms a crucial foundation. This translates to respect for equal opportunities, freedom of association, and safeguarding against forced or child labour.
Safe and Healthy Workplace: Recognizing the inherent value of all workers, the Code mandates safe and healthy working environments, adhering to relevant health and safety regulations. This commitment extends to responsible management of hazardous materials and preventing risks for any worker under 18.
Fair Compensation: Ensuring workers receive fair wages and benefits that meet, at minimum, the higher of prevailing legal standards, industry norms, collective agreements, or a living wage is essential.
Environmental Responsibility: Protecting the environment is a shared responsibility. Suppliers are required to comply with environmental regulations, minimise their impact through waste reduction and responsible resource use, and implement sustainable practices throughout their operations.
Transparency and Integrity: Combating bribery and corruption through adherence to relevant laws and ethical conduct is central to building trust and fostering healthy business relationships.
Data Protection: Recognizing the importance of personal data, the Code demands data security measures to safeguard confidentiality and prevent unauthorised access. Additionally, compliance with applicable data protection regulations is mandatory.
Beyond Compliance, Building Partnerships:
The Code transcends mere compliance, emphasising responsible supply chain management. Suppliers are required to perform due diligence on their own partners, ensuring adherence to the Code's principles throughout their extended network. Continuous training of employees on the Code's expectations fosters a culture of awareness and accountability.
Accountability and Continuous Improvement:
Pierian's commitment goes beyond issuing a set of guidelines. The Code establishes mechanisms for monitoring and reporting. Suppliers are responsible for self-monitoring compliance and promptly reporting any suspected violations. Pierian retains the right to conduct audits to verify adherence, and consequences for non-compliance may include remediation plans or even termination of business relationships.
Conclusion:
By adopting this comprehensive Supplier Code of Conduct, Pierian Ltd sets a high bar for ethical sourcing practices. With a focus on human rights, fair labour practices, environmental responsibility, and data protection, the group seeks to build a responsible and sustainable supply chain, aligning with its own values and contributing to a better future for all involved.