By 2030, we will implement our due diligence obligation throughout the entire supply chain, with emphasis on our most serious human rights risks.
Identify relevant stakeholders and departments for inclusion in the due diligence and sustainable supply chain processes.
Establish clear guidelines and procedures for supplier evaluation and continuous improvement.
Assign clear responsibilities and establish regular communication to raise awareness of the importance of due diligence and sustainable supply chains.
Identification of risk factors: Focus the risk assessment on the company's potential impact on human rights. In doing so, you identify the risk factors that may arise in the company's relevant sectors, locations and business operations.
Implementation of due diligence measures: After identifying the risk factors, carry out due diligence measures to determine the company's actual impact on human rights. This can be done through internal assessments and analyses, interviews with stakeholders and reviews of data and documents. Working with experts or external partners may be beneficial.
After completing the risk assessment, develop specific measures to minimise the identified risks and prevent human rights violations. This can be achieved by modifying business processes, adapting procurement practices or training staff. Cooperation with suppliers and other partners also plays a crucial role in this process.
Through sustainable supply chains and human rights due diligence, companies can help promote fair wages and working conditions and reduce environmental impacts along their supply chains. This is their response to the increasing regulatory requirements in Switzerland and the EU regarding human rights due diligence, REACH and RoHS.
