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SUPPLIER CODE OF ETHICS Limit Proprietary Loyalty Canada Inc., Limit Canada Inc., and its affiliates (Limit) are committed to conducting business with the highest degree of integrity and in accordance

How to fill out supplier code of ethics

How to fill out a supplier code of ethics:

1. Start by reviewing the existing code of ethics provided by your organization or industry. Familiarize yourself with the guidelines, principles, and values outlined in the code.
2. Assess your specific needs and requirements as a supplier. Consider the nature of your business, the industries you serve, and the potential ethical issues or risks associated with your operations.
3. Customize the code of ethics to align with your business values and goals. You may need to modify certain sections or add additional provisions to ensure that the code reflects your unique circumstances.
4. Clearly define the expectations for ethical behavior for both your organization and your employees. This includes guidelines for fair competition, integrity, anti-corruption measures, human rights, social responsibility, and environmental sustainability.
5. Ensure that the code of ethics is communicated effectively to all relevant stakeholders. Distribute the code to your employees, contractors, suppliers, and partners and provide training or guidance on its implementation.
6. Establish mechanisms for monitoring compliance and addressing ethical concerns. This may include implementing reporting channels, conducting regular audits, and taking appropriate action in response to violations of the code.
7. Continuously evaluate and update the code of ethics as needed. Regularly review your ethical standards and practices to ensure they remain relevant and effective in an ever-evolving business environment.

Who needs a supplier code of ethics:

1. Organizations that want to maintain ethical standards throughout their supply chain.
2. Suppliers who want to demonstrate their commitment to responsible business practices and ethics.
3. Customers and stakeholders who expect transparency and ethical conduct from the suppliers they work with.
4. Regulatory bodies or industry associations that require suppliers to adhere to specific ethical standards.
5. The broader society, as ethical sourcing and responsible supply chain management contribute to sustainable and fair business practices.

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What is supplier code of ethics?

Supplier code of ethics outlines the values, principles, and standards that a supplier is expected to adhere to in their business practices. It sets forth the expectations for ethical behavior and compliance with laws and regulations.

Who is required to file supplier code of ethics?

All suppliers who provide goods or services to a company may be required to file a supplier code of ethics.

How to fill out supplier code of ethics?

Suppliers can fill out the code of ethics by reviewing the requirements set forth by the company, ensuring compliance with all ethical standards and laws, and submitting the completed document to the designated contact.

What is the purpose of supplier code of ethics?

The purpose of a supplier code of ethics is to establish expectations for ethical behavior, promote transparency and accountability, and ensure that suppliers are conducting business in a responsible and sustainable manner.

What information must be reported on supplier code of ethics?

The supplier code of ethics may require information on anti-corruption measures, labor practices, environmental sustainability, diversity and inclusion, and compliance with laws and regulations.