Sustainable procurement

Siemens' "Sustainable Procurement Supply Chain Management" (July 2024) outlines its strategy for managing reputational, social, and environmental risks across its vast supply chain.

Aligning with UN SDGs and OECD Guidelines, Siemens ensures human rights, employee safety, and environmental protection among its 67,000 global suppliers. Key elements include a mandatory Code of Conduct, data transparency via SCM STAR/CoRe, rigorous supplier qualification ("Ready-for-Business"), and comprehensive risk analysis (external indicators, CRSA, audits, carbon assessments). Non-compliance triggers corrective actions or termination.

This framework emphasizes Siemens' responsibility to foster a sustainable and ethical supply chain.