Our supply chain transparency statement
Pursuant to the following: California Transparency in Supply Chains Act Disclosure – California Civil Code § 1714.43,United Kingdom Modern Slavery Act 2015,section 54 (Part 6)
万博manbetx官网INVISTA is a global company creating value for our customers and shareholders across a portfolio of advantaged intermediate chemical technologies,brands,differentiated fibers,万博manbetx官网polymers and products.万博manbetx官网INVISTA is committed to conducting business lawfully and with integrity.万博manbetx官网INVISTA's commitment to integrity includes,among other things,an expectation that its suppliers not use forced labor in any of its forms,including human trafficking and slavery,to produce the products they provide to 万博manbetx官网INVISTA.Due to the high level of sophistication that is required to produce the goods and services that 万博manbetx官网INVISTA purchases to make its products,there is a low probability that human trafficking and slavery would be utilized in these industries.
万博manbetx官网INVISTA assesses and selects its suppliers with care.万博manbetx官网INVISTA's counterparty vetting framework requires a risk-based tiered review of all suppliers as part of its ongoing oversight of INVISTA's international supply chain.万博manbetx官网INVISTA will act to discontinue relationships with those suppliers and other third parties who fail to meet its high standards for lawful and ethical conduct,including prohibitions on the use of forced labor in any of its forms,such as human trafficking and slavery. Other than the steps and practices described below,万博manbetx官网INVISTA does not have a separate,comprehensive verification process for evaluating and addressing the risks of human trafficking and slavery.
万博manbetx官网INVISTA typically reserves the right to audit and assess performance and requires that suppliers comply with all applicable laws and regulations.Audits are performed based on a variety of risk factors.Using this approach,announced audits are performed using internal,and at times,external resources.In the event an audit reveals supplier non-conformance with our standards and guidelines,depending on the circumstances,we would either require that suppliers establish corrective action plans and report on the implementation of such plans,or we would terminate the relationship with that supplier.
Direct supplier certification
While many of our commercial agreements require supplier compliance with applicable laws and regulations,万博manbetx官网INVISTA does not have a direct supplier certification process specifically focused on human trafficking and slavery.
万博manbetx官网INVISTA's compliance and ethics expectations for employees,officers and directors are set out in 万博manbetx官网INVISTA'sCode of Conductand other communications such as 万博manbetx官网INVISTA's Third Party Expectations that it provides to some of its suppliers and other third parties,as well as its employees with direct responsibility for supply chain management. Non-compliance with our expectations regarding human trafficking and slavery – whether by a supplier or an employee – will result in corrective action,up to and including termination of the relationship,depending on the circumstances.Internal auditors and business representatives would work with suppliers,employees and possibly third-party resources to resolve any instances of non-compliance.万博manbetx官网INVISTA promotes a Code of Conduct identifying numerous avenues for reporting compliance concerns,including on an anonymous basis (where allowed by law).Such concerns are objectively investigated under the guidance and direction of our compliance or legal departments.万博manbetx官网INVISTA prohibits retaliation against anyone who,in good faith,raises a concern.
Although 万博manbetx官网INVISTA does not have a comprehensive,mandatory training program focusing on human trafficking and slavery,万博manbetx官网INVISTA does provide training to those employees who are directly responsible for oversight of third party relationships including procurement and supply chain management.These employees receive training on company policies and procedures designed to support a supply chain free of any type of coerced labor and on the methods available for reporting concerns.万博manbetx官网INVISTA trains these employees on the employee Code of Conduct and INVISTA's Third Party Expectations,which address prohibition of coerced labor.
This disclosure applies to 万博manbetx官网INVISTA Equities,LLC and all its subsidiaries and affiliates,including but not limited to 万博manbetx官网INVISTA S.à r.l.This disclosure does not apply to the practices of companies for which 万博manbetx官网INVISTA may hold a minority stakeholder interest.
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