Question: What percentage of new suppliers were screened using labor practices criteria?
Answer:
Unknown
%
19380578
Global Reporting Initiative
2023
Unverified

The company has not explicitly mentioned the percentage of new suppliers screened.

p.9

"Tier 1 suppliers outside of the United States are audited to the Vera Bradley, Inc. Code of Conduct. In an effort to reduce audit duplicity, the Company may accept industry-standard program audits. All audits are conducted by independent third parties. Beyond tier 1 suppliers, the Company audits nominated tier 2 suppliers. In calendar year 2023:

1. 76 of a total 84, or 90% of tier 1 supplier facilities were audited to a labor code of conduct.

2. 28 of at least 59 known supplier facilities beyond tier 1, or 47%, were audited to a labor code of conduct"

"The Company works with new and potential suppliers to ensure alignment with social, labor, and environmental standards of operations prior to launching full production. Once suppliers are qualified, the Company works diligently to support transparency and continuous improvement both directly and indirectly to improve and monitor areas of non-conformance. It is in both parties’ interests to secure longerterm business relationships; however, if a zero-tolerance issue is identified or the supplier is unable to maintain compliance with social, labor, environmental, product safety, and quality standards, and they fail to show appropriate progress to correct failures, Vera Bradley, Inc. may terminate the relationship. The Company does not presently disclose the length of relationship with its suppliers."

Pooja Yadav.....2024-07-16 13:48:45 UTC