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Supply chain and human rights

Transcom’s responsibility, encompassing the four areas human rights, labor rights, environment, and anti-corruption, does not only include our own operations but spans our entire value chain. We do our outmost to ensure that our suppliers attain the highest ethical, social and environmental standards, and have processes in place to evaluate how well our suppliers follow different sustainability standards.

Transcom’s suppliers can be divided into four main categories; IT and network, temporary staff and recruitment agencies, facilities- related suppliers and other miscellaneous suppliers. Most of them are situated in Europe (two-thirds) with the remainder mainly in North America and the Asia-Pacific region.

Our follow up process on suppliers consist of web-based self- assessment questionnaires, which are sent out on a yearly basis to our largest vendors. The questionnaire covers all ten principles of the UN Global Compact and their implementation of ethical governance practices. Through our sustainability evaluation process, we gain insights on the sustainability risks in our value chain and an understanding of the level of maturity of our suppliers. This gives us information on how we can support our suppliers and ensure that there are no breaches towards human rights, labor rights, environmental protection or corruption in the supply chain. Through our follow up process we are able to identify and minimize risks, including risks connected to human rights.

Also, all new suppliers are expected to sign our Supplier Code of Business Conduct, which is based on UN Global Compact’s ten principles and requires suppliers to pose similar demands into their suppliers. Exceptions can be made in cases where, for instance, corporate IT vendors can show that they have a more comprehensive Code of Business Conduct than Transcom’s policy.

 

 

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