Strategy For Sustainability
Overview
Our business and planning processes are built around sustainability.
Future challenges include climate change, biodiversity loss, human rights violations, and poverty. We strive for the long-term growth that our stakeholders, consumers, and community anticipate. Our plan is in line with international sustainable development goals, with three essential pillars: environment, social, and governance.
Sustainability of the supply chain
We collaborate with our customers and suppliers to improve the supply chain's sustainability performance.
We bring the entire supply chain together, developing tailored end-to-end supply chain and logistics solutions for global brands and retailers. We design, source, and supply a varied range of products to our global consumers through a network of manufacturers and distributors in numerous production countries
Risk and compliance management
We manage supply chain risk through a risk assessment and strategic decision-making process in which we direct and build business with suppliers who have more capabilities and lower risks, while assisting other suppliers to improve their performance.
The Misuvie Supplier Code of Conduct is the starting point for assessing supplier risk. This is our supplier engagement document, and it outlines the minimum standards required for human and labour rights, safety, the environment, and security, as well as transparency and ethics, in accordance with the ILO's Core Conventions, the California Transparency in Supply Chains Act, the UK Modern Slavery Act, and local laws. As a condition of doing business with us, all suppliers must accept these minimal criteria.
Misuvie, as well as external audit companies approved by us or our clients, and/or independent industry organisations, assess compliance with the Code of Conduct. Depending on our customers' needs, audits may be unannounced, semi-announced, or announced. Adding our appointed third-party audit companies' talents and resources to our own has expanded our insight into our supplier chain. Simultaneously, we are building a better and more consistent methodology in our auditing programme by organising joint training sessions with our third-party auditors on a regular basis.
