pg. 5
“Our due diligence-based approach comprises three steps: prioritisation, assessment and verification/ audit. Depending on the results and risk categories, we may ask suppliers to undergo internal or third-party audit and assessments – such as risk and impact assessments, certification and accreditation – to ensure they are operating in line with our standards.”
“Among other tools, since 2015, we have been working with the Supplier Sustainability Assessment platform EcoVadis and the third-party audit management platform Sedex.”
Pg. 3
“In 2018, we collaborated with the business and human rights excellence centre Shift, conducting a company-wide human rights approach assessment as part of our due diligence activities. This was used to identify the actual and potential impacts that Ferrero could have on human rights and prioritize the severity and likelihood of those identified impacts in our value chain.”