Respect for human rights is at the core of our beliefs and embedded in our business practices and policies. We expect our suppliers to share our commitment to create better working conditions that uphold fundamental human and labor rights.
Our Supplier Code of Conduct, which is based on the International Labour Organization (ILO)’s core conventions, outlines the requirements for suppliers to do business with Li & Fung. This includes compliance with relevant local laws and regulations and meeting the Code Standards related to health and safety, labor rights, environmental protection, accountability, transparency and ethics. We also support our customers to meet the requirements of the California Transparency in Supply Chains Act and the UK Slavery Act.
Managing our supply chain risk starts with strategic sourcing decisions by our customers and/or sourcing teams and our continuing efforts to direct business to suppliers that share our commitment to compliance and enhancing sustainability performance. Our Vendor Compliance & Sustainability (VCS) team assesses supplier risk and compliance and supports factories to continually improve performance.
Li & Fung’s Supplier Code of Conduct is available in the following languages:
Supplier compliance is assessed against our Code of Conduct and accompanying Standards to determine whether a supplier is approved to conduct business with Li & Fung. Where improvement by a supplier is required, a Corrective Action Plan is implemented with time frames for completion of remedial actions.
Working with a better supply base benefits everyone engaged in the supply chain. We believe that creating better working conditions in factories drives improvement in operations and enhances overall standards throughout our supply chains globally.
In 2015, Li & Fung held more than 591 training sessions related to social compliance and environmental, health and safety management.
In 2015, more than 6,965 factory managers and workers attended those training sessions, in addition to more than 5,044 of our own colleagues.