ESG in the management of the supply chain
In order to contribute to and maintain these standards, we ask for our Supplier Code of Conduct to be agreed to when drawing up the supply contract for those who apply to be put on the Suppliers Register.
Code of Conduct
The Code sets out what Unipol expects from suppliers with respect to protecting human and workers’ rights, protection of the environment and tackling corruption and calls for - inter alia - the right of Unipol to control the supplier’s processes and divisions to ensure compliance, and the right to take sanctioning measures if the supplier continues to fail to comply with the Supplier Code of Conduct. With the exception of the public authorities and self-employed workers and professionals who do or do not belong to orders, suppliers are asked to sign the Supplier Code of Conduct when signing or renewing their contracts.
Screening and Assessment
The Supplier Portal is the tool used for suppliers to be registered, screened and monitored, with an integrated viewpoint that takes economic-financial and technical-organisational characteristics into consideration along with information to ensure regulatory-legal compliance and in-depth information on how it monitors ESG issues and their commitment to sustainability. These standards, like the Supplier Code of Conduct, are incorporated into our supplier screening process to which a risk-based approach is taken to assess the performance and compliance with these minimum standards and honest behaviour.
Unipol has the right to control the supplier’s processes and divisions to ensure compliance, along with the right to take sanctioning measures if the supplier continues to fail to comply with the Supplier Code of Conduct or other corporate policies.
Partnership to create shared value
The risk-based approach is accompanied by actions that take a partnership approach aimed at generating positive impacts in terms of sustainability especially in the most critical areas of procurement such as IT systems and services, organisational and logistics services, real estate projects and building maintenance.
Through the commitment and alignment of the plans of action, our suppliers are encouraged to make positive changes to their activities and their products, to the benefit of the whole company and the environment.
The Group regularly presents a selection of the insurance and non-insurance activities in the sustainability reports. (Discover more in Sustainability Report - UnipolSai and in Consolidated Integrated Financial Statements - Unipol Gruppo)