Code of Conduct for Business Supplier
All business suppliers must strictly carry out the following code of conduct in business communication, contract performance, after-sales service, and others. The code serves as one of the criteria for supplier access, performance evaluation, which helps suppliers constantly advance in general to create a better supply chain that assumes more responsibility and grows more sustainable.
Business ethics
Business suppliers should comply with the overall code of business conduct( or related policy). Immorality and illegal behavior are not allowed. The suppliers should keep a set of effective processes and procedures, including approaches in both internal and external conditions, and report, identify, and mitigate misconduct promptly.
Businesses should provide reporting methods to maintain anonymity and appropriate protection against all possible retaliation against the person who makes the complaint.
Businesses should adhere to the highest standards of integrity in all business dealings and adopt a zero-tolerance policy. All forms of misconduct should be banned.
No misconducts
The business suppliers should make decisions in line with business performance. Bribery-promising, bribery, and bribe-taking are not allowed. Besides, providing any form of obscene profits to gain illegal or shady edge should also be banned, profits involving cementing personal relationships, granting gifts, favors, hospitality, commissions, personal loans, special invoices, or any other direct or indirect benefits unrelated to business decisions.
Suppliers shall not engage in bribery or kickbacks in any business practice. Any employee, consultant, agent, or representative of the company is prohibited from bribing or receiving kickbacks directly or indirectly. Their actions that result in any return bribes or kickbacks are also not allowed.
Suppliers shall exercise vigilance to ensure compliance with the applicable anti-bribery laws of any country and are prohibited from making any payment or offering any price to any person or government official to influence a person or official’s procurement action or decision.
Equal competition
The business suppliers should enter competition amidst a fair, just, and legal condition and comply with any competition-related laws and regulations that are applicable.
Regulatory compliance
The business suppliers should abide by any country-applicable law, rule, and regulation concerned with goods, business trade, and services.
Conflict minerals
The business suppliers should guarantee that procurement of Tantalum, tin, tungsten, and gold will not directly or indirectly offer capital or benefit to armed groups which commit human rights abuses in the Democratic Republic of the Congo or surrounding countries or regions. They should thoroughly investigate the source of minerals and product-sale supervision chain and provide customers investigation measures who ask to know.
Workers
The business suppliers should promise to maintain the human rights of workers by norms recognized by the international community, follow human rights basic policy from Baosteel, and hold workers in regard and respect.
There is a must for suppliers to comply with local laws and regulations, which means delivering equal employment opportunities to all workers and applicants, and guaranteeing rights and welfare that concerned with the related post such as the opportunity of promotion, compensation, training, transfer, enjoying vacations and so on.
The post-evaluation should base on performance and related qualifications and ability. Suppliers shall not tolerate any harassment, corporal punishment, mental or physical coercion, or verbal abuse related to an employee’s race, color, religion, creed, sex, sexual orientation, gender identity, or other protected by law.
Discrimination from suppliers are not allowed against race, complexion, age, gender, sexual orientation, gender identity, gender expression, nationality, ethnicity, disability, pregnancy, religion, political affiliation, membership in an association, military service status, protected genetic information, or marital status in employment in terms of wages, promotions, incentive and training opportunities, etc. Moreover, employees should not be forcedly subjected to medical examinations that may be of discriminatory purpose.
Employing children or forced work is not allowed in any stage of production and operation.
The working arrangement and payment should accord with local laws and regulations, including minimum amount, overtime hours, and statutory welfare.
Suppliers should hold employers’ statutory welfare in respect, supporting them to set up or join labor unions voluntarily, conduct collective bargaining and peaceful assembly, and refuse to be involved in such activities.
Safety
The suppliers should take safe and healthy measures into priority, which comply with law criteria of professional health and safety to reduce injures and diseases caused by work and improve the quality of products and services. This works to boost production, level workers’ retention rate, and raise morale.
Sustainability
The business suppliers should take responsibility for protecting the environment, which is an integral part of producing first-class products worldwide. During production and management, they should release the adverse effect on the neighborhood, environment, and natural resources as soon as possible, which is a way to protect the health and safety of all.
They should take measures to decrease the release of pollutants and the production of waste as its source.
Besides, they should make moderated use of natural resources, including water, fossil fuel, mineral, and virgin forest, and actively apply substitute material. Otherwise, reuse, resource conservation, recycling, or other methods should also be taken.
The suppliers should identify, mark, and manage potentially dangerous chemicals and other materials to human beings and the environment and make sure the way to collect, move, store, use, recycle, reuse, and redisposal danger is safe.
There is a need to comply with relevant laws, regulations, and client requirements regarding the prohibition or restriction of certain specific substances in products and during the manufacturing process.
