Our suppliers

 
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We introduced our One Philips approach to supplier sustainability in 2003.Given the importance of this sustainability in the supply chain, this topic is now a routine agenda item at our monthly business review meetings, including continuous monitoring of corrective action implementation.

 

Toward standardization

We endorsed the Electronic Industry Code of Conduct (EICC) in 2006 and joined its implementation Steering Committee. Working with EICC member companies to develop standardized tools and processes, allows for increased efficiency, productivity and simplicity for our suppliers and ourselves.

Sustainability audit approach

To help us determine our criteria for supplier sustainability audits, we identified risk countries based on independent sources and also determined a threshold on spend.

 

Resolving issues

We take non-compliances seriously and continuously monitor and support the implementation of corrective actions at our suppliers’ manufacturing sites.

 

 
GRI

Sustainability Report 2007
GRI Index: G3 Core Indicators