Vendor Audits - TRACIBO https://tracibo.com FSC, PEFC Compliance Management Thu, 23 Feb 2023 11:18:57 +0000 en-US hourly 1 https://wordpress.org/?v=6.5.3 https://tracibo.com/wp-content/uploads/2023/01/cropped-color-32x32.png Vendor Audits - TRACIBO https://tracibo.com 32 32 What is IWAY – IKEA supplier requirements https://tracibo.com/what-is-iway-ikea-supplier-requirements/ Fri, 12 Feb 2021 10:30:37 +0000 http://localhost/grd/?p=1535 Denouncing pleasure and praising pain was born and I will give you a complete account of the system, and expound the actual teachings of the great explorer of the truth, the master-builder of human happiness.

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IWAY, or the IKEA Way on Purchasing Home Furnishing Products, is IKEA’s code of conduct and supplier requirements. It outlines the company’s expectations for ethical and sustainable business practices from its suppliers, including social and environmental standards, as well as requirements related to quality and safety.

IWAY covers a wide range of issues, including:

  1. Labor standards: IKEA requires its suppliers to comply with all applicable labor laws and regulations, including those related to minimum wage, working hours, and freedom of association. The company also requires suppliers to provide safe and healthy working conditions for their employees.
  2. Environmental standards: IKEA expects its suppliers to minimize the environmental impact of their operations and products, by implementing sustainable practices such as energy efficiency, waste reduction, and responsible sourcing of materials.
  3. Child labor and forced labor: IKEA has a zero-tolerance policy on child labor and forced labor, and requires suppliers to take measures to prevent these practices from occurring in their operations or supply chains.
  4. Chemicals management: IKEA requires its suppliers to comply with all applicable regulations related to chemicals management, and to minimize the use of hazardous chemicals in their products and operations.
  5. Animal welfare: IKEA expects its suppliers to comply with all applicable animal welfare regulations, and to avoid using animal products in their products and operations wherever possible.

To ensure compliance with IWAY, IKEA conducts regular audits of its suppliers, and provides training and capacity-building programs to help suppliers improve their social and environmental performance. Suppliers who fail to comply with IWAY may be subject to corrective action plans, and in some cases, termination of the business relationship.

IWAY is an important part of IKEA’s commitment to sustainability and responsible business practices, and the company regularly updates and revises the code of conduct to reflect new challenges and opportunities in the industry.

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What is Disney’s Vendor Audit https://tracibo.com/what-is-disneys-vendor-audit/ Sun, 09 Aug 2020 10:32:56 +0000 http://localhost/grd/?p=1539 Denouncing pleasure and praising pain was born and I will give you a complete account of the system, and expound the actual teachings of the great explorer of the truth, the master-builder of human happiness.

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Disney’s vendor audit is a comprehensive program designed to assess and monitor the social and environmental performance of its suppliers and licensees around the world. The program is based on a set of standards known as the Disney Code of Conduct, which outlines the company’s expectations for ethical business practices and sustainability.

The Disney Vendor Audit program includes several components, including:

  1. Audits and assessments – Disney conducts regular audits and assessments of its suppliers and licensees to ensure compliance with the Disney Code of Conduct. These audits cover a range of issues, including labor standards, human rights, health and safety, and environmental management.
  2. Corrective action plans – If issues are identified during an audit, Disney works with suppliers and licensees to develop corrective action plans to address the problems and ensure ongoing compliance.
  3. Capacity building and training – Disney provides training and capacity-building programs to help suppliers and licensees improve their social and environmental performance. These programs cover topics such as labor rights, worker health and safety, and responsible environmental management.
  4. Supplier collaboration – Disney works closely with its suppliers and licensees to encourage collaboration and sharing of best practices. The company also collaborates with industry groups and other stakeholders to promote sustainable business practices and address common challenges.

By implementing the Vendor Audit program, Disney aims to ensure that its products are produced in a socially and environmentally responsible manner, and that its suppliers and licensees are held to high ethical standards. The program is an important part of Disney’s broader sustainability strategy, which includes commitments to reduce waste, conserve resources, and support communities around the world.

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