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deSter Sustainability Report 2022

deSter launched its first-ever Sustainability Report, showcasing deSter's dedication to environmental responsibility, social impact, and ethical governance, reflecting the company's holistic approach toward sustainability.

deSter launched its first-ever Sustainability Report, showcasing deSter's dedication to environmental responsibility, social impact, and ethical governance, reflecting the company's holistic approach toward sustainability.

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PEOPLE ESG REPORT DESTER <strong>2022</strong><br />

SUSTAINABLE<br />

PROCUREMENT<br />

ESTABLISH A FULLY COMMITTED<br />

SUPPLY CHAIN BY 2025<br />

ONLY WORK WITH PARTNERS THAT ARE<br />

COMMITTED TO HIGH SOCIAL AND<br />

ENVIRONMENTAL GOALS<br />

We recognize the importance of taking<br />

an integrated approach to sustainability.<br />

As such, we have conducted a<br />

comprehensive evaluation of our procurement<br />

practices and are committed<br />

to achieving fully sustainable practices<br />

by 2025. To help us achieve this goal,<br />

we established a team of Procurement<br />

<strong>Sustainability</strong> Ambassadors who are<br />

fully supported by the Vice President<br />

Global Procurement and Supply Chain.<br />

To embed the new processes and requirements<br />

in our daily operations, we<br />

provided training to all members of our<br />

global procurement team. Approved<br />

by the Institute of Environmental Management<br />

and Assessment (IEMA), the<br />

training focused on ISO20400 auditing<br />

requirements – the global standard for<br />

sustainable procurement.<br />

As part of our efforts to promote responsible<br />

practices among our suppliers<br />

and partners, we revised our<br />

Supplier Code of Conduct, with extra<br />

attention to social and environmental<br />

commitments. We also established a<br />

sustainable procurement due diligence<br />

process, in which we evaluate our suppliers<br />

based on location and commodity,<br />

and developed a plan to assess high-risk<br />

suppliers based on their sustainability<br />

performance.<br />

SUSTAINABLE PROCUREMENT PROCESS<br />

ENVIRONMENTAL AND SOCIAL STANDARDS<br />

Signature<br />

code of conduct<br />

Risk<br />

analysis<br />

Supplier<br />

assessment<br />

questionnaire<br />

ESG<br />

audit<br />

Corrective<br />

actions<br />

53

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