2023 SUSTAINABILITY REPORT 95 ANNUAL REPORT 2023 9. PARTNERING OUR SUPPLIERS 9.1 OUR APPROACH Recognising that a bulk of emissions come from our supply chain and the importance of addressing supply chain emissions to reduce our environmental impact, we embed sustainability across our value chain and work closely with our supplies to promote sustainability practices. 9.2 SUPPLY CHAIN MANAGEMENT We take a holistic approach in implementing sustainability across our value chain and ensure our local partners and suppliers upholds responsible business practices. We continue to be guided by our Green Procurement Guidance, identify new opportunities to collaborate with our suppliers and ensure responsible sourcing of suppliers to minimise our indirect environmental and social impacts. 9.2.1 SUPPLIER SELECTION We engage in a supplier evaluation and screening process to select key suppliers. As part of the selection process, suppliers will have to fill in a Supplier Assessment Form, which includes questions relating to the quality of products and services, certifications and health and safety. Additionally, the sustainability policies adopted by our suppliers are also considered. The final decision on supplier selection will be based on the overall assessment which takes a balanced view across all selection criteria. 9.2.2 SUPPLIER REVIEW We regularly review the performance of our key suppliers through a review process which includes two-way conversations and feedbacks, before determining whether to extend our partnership with them. This ensures that the suppliers who we engage with, and the products supplied to us aligns with our business requirements and sustainability objectives. We will continue to engage our suppliers on an annual basis, ensure that most of suppliers incorporate a sustainability criterion and promote sustainability practices among them as we journey towards building a more sustainable future.
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