Significant actual and potential negative impacts for labor practices in the supply chain
The international platform of the Supplier Ethical Data Exchange (SEDEX) is a valuable tool with which we can more easily assess suppliers and deliver our own data to customers. Since 2006, we publish information on working conditions and employee rights, health and safety as well as on environmental and ethical business practices via this platform. Every Symrise production site has been registered with SEDEX. Since 2012, we have also invited 250 of our most important suppliers to register with SEDEX and to disclose their data to us. Overall, 70% of our suppliers have been evaluated according to the SEDEX criteria.
We carry out audits for suppliers posing an especially notable risk stemming from the crucial raw materials they supply or regarding problems that have come to light in the assessment. The focus here is on environmental issues in addition to the topics of product safety, quality management, work safety, health and social responsibility. If suppliers don’t meet our defined standards, we jointly develop and implement improvement measures. If these standards are still not upheld after such attempts, the business relationship is terminated as a last resort. All new suppliers fill out a supplier survey that contains a section with questions on labor practices. Furthermore, new suppliers also sign our CSR guidelines. Existing suppliers are evaluated on their labor practices using the risk assessment procedure. No critical labor practices (actual or potential) were identified with any suppliers.