At ST, we believe that the social, environmental and ethical aspects of suppliers’ and subcontractors’ performance are key contributors to sustainable business success. The notion of supply chain responsibility is embedded in our policies through our own Code of Conduct as well as our commitment to the industry standard RBA's code of conduct version 6. For more than a decade, we have monitored supplier performance through regular assessments and audits in order to continually enhance our management of risks in our supply chain. |
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ST procures materials, goods and services from thousands of sources around the world. At Corporate level, a supply chain team promotes sustainable sourcing and develops long-term relationships by choosing suppliers and subcontractors with robust social and environmental standards and practices. At local level, eligible suppliers, which are mainly service suppliers such as labor agencies, cleaning services, on-site canteen and security, are required to commit to ST's policies and we have a program in place to regularly assess and audit them based on local risks. |
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| Our approach | ||||||
We identify our risks based on category of supplier, business volume and in-region risks and adapt our level of monitoring to those risks. These criteria determine the level of due diligence we conduct from simple evaluation to independent third-party audits. We require our suppliers to commit to RBA code of conduct V6 and our CSR standards. |
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| Our programs mainly cover: | ||||||
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| Contributing to the Sustainable Development Goals | ||||||
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Our commitments and programs related to Waste contribute to:
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More details on our programs and performance are available in our latest Sustainability report.
| External partners |
| External partners |
| External partners |
