Source
Comments
"Swarovski may audit certain of its approved suppliers to monitor compliance with the Supplier Code of Conduct and reserves the right to terminate the business relationship if violations of the law or basic international principles related to labor standards or ethical business practice become apparent."
"Where concerns related to the Supplier Code of Conduct or applicable standard have been identified, Swarovski has held those suppliers accountable through dialogue and follow-up audits. "
Corrective Action Plan not specifically stated for remediation and reactions.
"Swarovski may audit certain of its approved suppliers to monitor compliance with the Supplier Code of Conduct and reserves the right to terminate the business relationship if violations of the law or basic international principles related to labor standards or ethical business practice become apparent."
Though the statement also eludes to "corrective action plans" no details are provided that show that the Swarovski will support/help the suppliers in question to improve, rather they just seem to keep on auditing them:
"Where concerns related to the Supplier Code of Conduct or applicable standard have been identified, Swarovski has held those suppliers accountable through dialogue and follow-up audits. "
Swarovski may audit certain of its approved suppliers to monitorcompliance with the Supplier Code of Conduct and reserves the right toterminate the business relationship if violations of the law or basicinternational principles related to labor standards or ethical businesspractice become apparent.2