Sustainability in action
SSCM Policy
We are committed to:
- Taking a leadership role in Sustainable Supply Chain Management (SSCM)
- Screening suppliers for their performance in social, ethical and environmental issues management
- Working with suppliers to improve sustainability performance
- Setting minimum performance standards
- Consulting with stakeholders
- Monitoring compliance to agreements
- Terminating business relationships if performance remains below standard or suppliers are unable or unwilling to work towards performance targets.
For more detail:
Sustainable Supply Chain Management Policy (PDF 40kb)
Our requirements of suppliers
From 1 January 2008, suppliers are required to be compliant with the standards set out in our SSCM Code of Conduct. Our SSCM Code of Conduct specifies the practices we favour in our suppliers and those we will not do without - our minimum standards. Higher risk and high spend suppliers are subject to an additional screening process (the SSCM Questionnaire).
At Westpac, we cannot contract out our responsibilities nor do we seek to. Instead we ask our suppliers the same questions we ask ourselves. Those who cannot answer these questions satisfactorily can pose as much risk to Westpac as if they were part of our company. Gaps in a supplier's performance must be rectified if Westpac is to minimise risks to its own sustainability.
Things you should know
-
To view PDF files you need Adobe Acrobat Reader. Use Adobe's online PDF conversion tools to convert to another format.
