Question: Does the company continuously monitor suppliers to ensure that they comply with the company’s policies and local laws?
Answer:
Audits of suppliers (self- reporting),
On-site visits (self- reporting)
6321156
Walk Free
2019
Verified by Steward check_circle
updated over 3 years ago by Shenpaha Ganesan

pg 2: 'Standard Chartered’s Speaking Up Programme has been established for use by internal and external parties to report actual, planned or potential misconduct on the part of Standard Chartered, its staff, suppliers and subcontractors'

 

pg 6: ' Standard Chartered continued to engage actively with the client, including several face to face meetings with them and conducting an extended site visit program to ensure that adequate provisions were made to address areas of weak compliance and ensure continued alignment with international standards.

 

pg 9: risk evaluation of specific geographies used to 'conduct social compliance audits on a sample of suppliers operating in higher-risk geographies and sourcing categories during both 2017 and 2018'

 

 

Shenpaha Ganesan.....2020-08-07 08:17:57 UTC