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Ethical Sourcing Practices Policy

Images for Industry Limited

Policy Statement

Images for Industry Limited is committed to ethical sourcing practices that promote human rights, environmental sustainability, and fair business operations. We strive to work with suppliers and partners who share our values, ensuring that the materials and services we procure are obtained responsibly and transparently.

Scope

This policy applies to all procurement activities undertaken by Images for Industry Limited, including materials, equipment, and services sourced for internal operations and client projects.

Objectives

  1. Human Rights Protection: Ensure that all suppliers uphold fair labour practices and respect fundamental human rights.
  2. Environmental Responsibility: Source materials and services that minimise environmental impact and promote sustainability.
  3. Fair Business Practices: Maintain transparency and fairness in all supplier relationships.

Commitments

  1.  Supplier Standards
    • Partner with suppliers who adhere to ethical labour practices, including fair wages, safe working conditions, and the absence of forced or child labour.
    • Prioritise suppliers who demonstrate environmental stewardship through sustainable practices and materials.
  2.  Environmental Considerations
    • Source eco-friendly materials, reducing the carbon footprint of our operations.
    • Work towards minimising waste and encouraging recycling in the supply chain.
  3.  Transparency and Accountability
    • Conduct due diligence on suppliers to assess compliance with ethical and sustainability standards.
    • Require suppliers to provide documentation and certifications where applicable, such as ISO 14001 for environmental management.
  4.  Continuous Improvement
    • Regularly review our sourcing practices to align with evolving ethical and environmental standards.
    • Provide training and resources to employees involved in procurement to ensure awareness and implementation of ethical sourcing principles.
  5.  Fair Trade
    • Support suppliers who are Fair Trade certified or engage in similar equitable trade practices, ensuring fair compensation for producers and workers.

Responsibilities

  • Management: Oversee the implementation of ethical sourcing policies and ensure alignment with company values.
  • Procurement Team: Conduct supplier assessments, enforce ethical standards, and maintain compliance with this policy.
  • Suppliers: Uphold the principles outlined in this policy and provide evidence of compliance upon request.

Monitoring and Reporting

Images for Industry Limited will regularly audit suppliers and review procurement practices to ensure alignment with this policy. Any violations of ethical standards will result in corrective action, which may include the termination of supplier relationships.

Review and Updates

This Ethical Sourcing Practices Policy will be reviewed annually to ensure it remains relevant and effective in promoting responsible sourcing.

Issued by: Tony Pincham, Director
Date: 25/11/2024
Images for Industry Limited

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