CSR is one of the pillars of the purchasers’ function at Verescence. Local procurement, training of purchasers to find supply chains in line with our strategy, criteria for selecting our suppliers and requirement for them to supply us with innovation to complement our eco-design offers: our responsible purchasing approach covers all these dimensions.
LOCAL PROCUREMENT, A KEY OBJECTIVE
Our ambition is to conduct more than 95% of our purchases locally in 2022 compared to 90% in 2018. And in our sights: only select suppliers who share our interest in the environmental and social impact of the supply chain. Our first step was to make 100% of our suppliers aware of our CSR approach. We now want our main suppliers (France, USA and Spain) to be able to adhere to our CSR charter by 2020. Next step: 100% of Verescence sites will purchase exclusively from suppliers able to produce a Responsible Minerals Initiative (RMI) declaration of compliance for gold and tin purchases. At the same time, in the quality audits of our suppliers, their CSR has represented 26% of the overall score since 2017.
of local purchases in 2018
A ROLE AS A SPRINGBOARD FOR OUR SUPPLIERS
Verescence relies on its suppliers to support the development of its activities and its different geographical areas. This has an environmental and economic impact both for Verescence and its partners.
- The environmental gains associated with sorting as close as possible to the plants (less transport, less landfill and wasted natural resources), Verescence’s strategy -ACT FOR SOCIETY- creates jobs that benefit its ecosystem.
- In addition, we create value for the suppliers who support us in our international development, which minimizes our carbon footprint and therefore that of our customers.
VERESCENCE NORTH AMERICA STRENGTHENS ITS ECOSYSTEM OF LOCAL SUPPLIERS
To further virtuous co-development, Verescence encouraged the setting up in the USA of two of its European lacquer suppliers in 2018-2019. The goal: to help them identify a business opportunity that will ensure the sustainability of their local presence. What we have to gain: an end to importing the lacquer used on our Sparta site. This approach has also been implemented with one of our packaging suppliers.