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RadiciGroup unveils supplier and customer code of conduct
01
Jun '17
Courtesy: Radici Group
Courtesy: Radici Group
RadiciGroup, one of the world’s leading producers of a wide range of chemical intermediates, polyamide polymers, engineering plastics, synthetic fibres, and nonwovens, has released the new codes of conduct for suppliers and customers, which are now into force in all RadiciGroup companies, to formalise commitment to a sustainable supply chain.

The codes are formal and voluntary commitments, shared with key supply chain actors, to achieve sustainability as an integral part of business strategy and in line with the requirements of the Global Reporting Initiative model to draft the Group’s annual sustainability report.

Both codes identify the values that all those who interact, permanently or temporarily, with the Group’s companies should be inspired by. Legality, transparency, fairness, trust, and collaboration are the principles underlying the building of a supply chain that is not only attentive to the quality of products or services, but also to the surrounding environmental, social and working conditions. Adhering to these principles is an important factor in supplier selection and evaluation and an opportunity to grow together with our customers in a sustainable manner in a perspective of continuous improvement.

Angelo Radici, chairman of the Board said, “The codes of conduct are reference texts that we hope will become a habitual practice and practice for our suppliers and customers - said (which approved the two codes) - not just to add value to our work relationships but also to increase our employees’ sense of pride in belonging to our company, improve relationships with all stakeholders and attract those who believe in the same principles.”

The principles shared by the codes of conduct for suppliers and customers that the Group undertakes to take into account in its activities include Ethics, which deals with business integrity, transparency, and intellectual property. Labour includes refusal of forced and child labour, correct treatment and working time, and freedom of association.

Quality health, safety, and the environment includes quality, workplace health and safety, and protecting the environment and conserving resources. Company Management Systems includes legal requirements, transmitting sustainability criteria to the supply chain, risk management, auditing, continuous improvement, and reports for corrective actions. (GK)

Fibre2Fashion News Desk – India


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