CIPS_CorpEthics_V2_FINAL
0 likes112 views
CIPS defines ethical procurement and supply as processes that respect international standards against criminal conduct like bribery, corruption, fraud, and human rights abuses. There are four essential steps for organizations to improve ethical standards: 1) train staff on ethical procurement and supplier management, 2) adopt CIPS's corporate code of ethics, 3) have leadership publicly commit to ethical sourcing, and 4) renew steps annually. Taking these steps earns an organization public recognition on CIPS's corporate ethical register and reduces financial and reputational risks.
CIPS_CorpEthics_V2_FINAL
- 1. Leading global excellence in procurement and supply SYNDICATED Essential steps for corporate ethicalprocurement and supply cIpS corporate ethical procurement and Supply is a pathway which demonstrates your organisation’s integrity and commitment to ethics, helping to safeguard your supply chain and your reputation in the process. By taking the necessary steps to achieve the CIPS Corporate Ethical Mark and a listing on the CIPS Corporate Ethical Register, you can increase confidence in your business and reduce financial and reputational risk. corporateetHIcaL procUreMeNtaND SUppLYHIGHLIGHtS Helps protect against supply chain malpractice, and financial and reputational risk Builds confidence levels in your key stakeholders Develops and trains appropriate staff to high professional ethical standards Demonstrates commitment to integrity in your procurement and supply management practices Instills pride in staff by knowing they work for an ethically oriented company Shows your commitment to self governance and accountability
- 2. Driving ethical practicesforward cIpS now formally recognises organisations that are committed to ethical procurement and supply, and to demonstrating accountability through self governance. ethical procurement and supply is defined by cIpS as processes which respect and address fundamental international standards against criminal conduct and result in progressive improvements to the lives of people and the environment. Taking these four essential steps will help your organisation improve ethical standards and drive out malpractice, in terms of bribery, corruption, fraud and human rights abuse, including modern slavery. How does corporate ethical procurement and Supply work? train and test your staff all staff responsible for sourcing and management of suppliers should be fully trained in ethical procurement and supplier management. a two-hour e-learning ethical procurement and Supply training package, with online test, is available from cIpS. adopt cIpS corporate code of ethics By operating procurement and supply management in accordance with this code, your organisation can uphold ethical standards. publicly state your organisation’s commitment By signing the cIpS Statement of commitment, your ceo, chief procurement officer (cpo) or senior accountable officer reinforces your organisation’s focus on sourcing and managing suppliers ethically. the benefits • reputation: Strengthen your reputation by publicly demonstrating your commitment to ethical procurement and supply practices • Safeguard: Help to protect your organisation from potential supply chain malpractice • Understanding: Demonstrate respect and awareness of international standards against criminal conduct, including bribery, corruption, fraud and human rights abuse • Boost morale: Increase employee confidence through the knowledge they are conducting their work in a consistently ethical manner. 1 2 3 renew to ensure the knowledge and focus on ethical procurement and supply management within your organisation remains current, repeat each of the above steps annually. 4 By taking these four steps your organisation will achieve public recognition from CIPS via an internationally published listing on the CIPS Corporate Ethical Register and a CIPS Corporate Ethical Mark which you can use in your own literature. This demonstrates to suppliers, customers, potential employees and other stakeholders that your organisation is committed to training your staff in ethical sourcing and that you have adopted ethical values in the way you source and manage your suppliers. europe: +44 (0)1780756777•africa: +27 (0)12 345 6177 • asia pacific: +65 6808 8721 australasia: +61 (0)3 9629 6000 •MeNa: +971 (0)4 311 6505 email: corporate.solutions@cips.org•www.cips.org/corporate-ethics coNtact US