Sustainable Procurement Policy
INTRODUCTION
At GTT, embedding sustainable procurement practices enables us to deepen relationships with our supply chain partners, drive the long-term sustainability of these relationships, and better manage our own regulatory and reputational risks.
Regulations and frameworks the business must comply with or refers to as part of its sustainable procurement practices include:
Key regulations e.g. Corporate Sustainability Due Diligence Directive (CSRD).
Frameworks e.g. OECD Guidelines for Multinational Enterprises, UN Guiding Principles on Business and Human Rights, International Labor Organization’s Declaration on Fundamental Principles and Rights at Work.
Scope & purpose of this Policy
This Sustainable Procurement Policy outlines the principles and standards that we expect our business and supply chain to meet. It applies to all aspects of our operations, including procurement, distribution, and business relationships. The Policy encompasses our supply chain globally and extends to all employees, contractors, suppliers, partners, and stakeholders associated with the company – referred to as our ‘supply chain partners’ in this policy.
We expect our suppliers to use this Policy as a guidance tool to help demonstrate compliance to it through their continuous improvement activity. We will monitor progress of this through our regular business and supplier review process.
Respect and obey applicable environmental laws, rules and regulations
Commitment
At GTT, we are committed to robust and sustainable procurement processes which balance cost and quality considerations that also uphold human rights, minimize environmental impacts, and promote ethical business conduct. This section outlines the commitments for our employees and the expectations of our supply chain partners:
Human Rights
Respect and Protection: We respect the human rights of all individuals, including workers, communities, and stakeholders affected by our operations and supply chain activities. We are committed to preventing and addressing human rights violations in all aspects of our business.
Labor Rights: We respect the rights of workers, including fair wages, safe working conditions, freedom of association, and the prohibition of forced labour, child labour, and discrimination in any form. Our supply chain partners must adhere to the same labour rights standards.
Health and Safety: We require safe and healthy work environments for all employees and expect the same from our supply chain partners, with steps taken to prevent injuries, regular health and safety worker training, and implementation of management and reporting systems to monitor performance.
Equal Opportunity: We are committed to supporting, developing and promoting diversity and equality in our own operations and our supply chain activities. We uphold that all workers have the right to employment on an equal basis regardless of race, national or ethnic origin, disability, age, sec, gender, sexual orientation, transgender identify or religion and beliefs. Supply chain partners should adhere to the same standards.
Environmental Sustainability
Environmental Protection: We are committed to minimizing our environmental impact throughout our supply chain. This includes working with supply chain partners to reduce resource consumption, minimize waste generation, implement circular economy opportunities and promote sustainable practices such as renewable energy use and carbon footprint reduction, where possible.
Deforestation and Loss of Natural Habitat: We aim to eliminate deforestation and habitat destruction practices throughout our supply chain and do not support the loss of natural forest because of conversion to agriculture or other non-forest land use; conversion to a tree plantation; or severe and sustained degradation.
Decarbonization: We recognise the importance of limiting global warming to 1.5 degrees and decarbonizing our operations. Supply chain emissions are a significant source of our company’s overall emissions, and our supply chain partners can play a key role in helping to reduce our emissions.
Physical climate risks: The impacts of more extreme and frequent weather events can create more disruption in our operations and supply chains. We want to work with supply chain partners taking this into consideration and working to make their business more resilient to the impact of climate hazards.
Ethical Business
Anti-bribery and Corruption: We comply with all applicable anti-bribery and corruption legislation and regulation and ensure that employees act responsibly and ethically at all times when conducting business. Supply chain partners must adhere to the same standards.
Conflict Minerals: We will not knowingly purchase conflict minerals (such as in, tungsten, tantalum and gold.) that originate in conditions of armed conflict and human rights abuses. We comply with all applicable laws, regulations and reporting requirements concerning conflict minerals.
Requirements
Compliance with all applicable regulations and local laws.
GTT subscribes and report to other mandatory requirements or preferred processes e.g. targets, completing annual questionnaires reporting requirements such as EcoVadis or CDP and encourage our suppliers to do the same.
Implementation
Communication & public disclosure of the policy
Related policies
Supplier Code of Conduct
Administration & monitoring of the policy
We are committed to continuous improvement in our performance. We regularly review and update our policies, practices, and procedures to reflect evolving legal requirements, international standards, best practices, and stakeholder expectations.
Additional GTT Environmental, Social & Governance (ESG) Policies:
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