Our company has created customised risk mitigation plans to address specific risks identified during screening. These plans outline actionable steps and controls to minimise the potential impact of risks.
Our company has created customised risk mitigation plans to address specific risks identified during screening. These plans outline actionable steps and controls to minimise the potential impact of risks.
| Supplier engagement and collaboration: | We encourage open dialogue and collaboration with suppliers to enhance transparency and alignment with sustainability objectives. This involves forging partnerships with suppliers to mitigate risks, exchange best practices, and promote enhancements. |
| Continuous monitoring and evaluation: | We have established a robust monitoring and evaluation system to gauge supplier performance and adherence. This guarantees the effective management of identified risks and upholds suppliers to rigorous standards of sustainability and ethical practices. |
| Capacity building: | We provide valuable resources to suppliers, strengthening their capabilities in managing risks. This support encompasses educational programmes, collaborative workshops, and knowledge sharing. The goal is to empower suppliers to take proactive steps in mitigating risks and enhancing performance. |
| Self-assessments: | We assess the effectiveness of risk management measures and verify supplier compliance with sustainability standards. These reviews help identify areas for improvement and adjustment. |
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