Sunday 24th Sep 2017 - Logistics & Supply Chain

KPMG launches Supplier Code of Conduct

Accountancy firm, KPMG, has launched a Supplier Code of Conduct, designed to ensure that the suppliers it does business with adhere to essential ethical and environmental principles.
 
KPMG is writing this week to all of its main contract suppliers asking them to sign up to the code of conduct which sets out ten core ethical principles across the areas of business conduct, labour conditions & human rights, and the environment.
 
Mark Powderham, head of procurement at KPMG, said:  ‘KPMG has made huge progress in recent years with respect to embedding Corporate Social Responsibility (CSR) and diversity in all that we do within the firm. Bought-in goods and services are critical to the achievement of our CSR and diversity objectives and as such the logical next step is to integrate our suppliers and contractors within our approach. The Supplier Code of Conduct is a key component of our sustainable procurement programme.’
 
KPMG has 6000 suppliers and spends over €370 million annually procuring goods and services.
 
As well as requiring suppliers to adhere to all applicable laws and regulations, the Supplier Code of Conduct also expects them to treat employees fairly and not to discriminate against candidates on the basis of differences, and for suppliers to reduce their environmental impact by developing and using environmentally friendly technologies across their business.
 
Mike Kelly, head of CSR at KPMG commented: ‘In an increasingly global market, no firm operates in isolation. It is up to the business community as a whole to work together to ensure that ethical, CSR and environmental principles underpin working practises. Our own ethical and environmental agendas are extremely important to us, and that is why we are seeking to maximise the contribution of our suppliers to these agendas too. It is also something that clients and prospective employees increasingly ask about. There is a growing awareness that ethical and environmental practice is not just about one’s own policies but those of the parties one buys from too.’

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