The Grünenthal Responsible Sourcing Programme will increase supplier transparency and help create a positive ESG impact in our supply chain and connected local communities.
We believe responsible sourcing plays a vital role in creating a sustainable and ethical supply chain. Our Responsible Sourcing Programme is designed to ensure Grünenthal’s environmental, social and governance (ESG) standards with our valued suppliers.
Our Responsible Sourcing Programme
Our programme is founded on a comprehensive set of principles that add a new dimension to procurement decision-making at Grünenthal. These principles include a commitment to supplier transparency about environmental, social and governance (ESG) data. The principles also address our dedication to fostering supplier growth and collaboration, as well as driving transformational change by implementing best practice examples that are gathered from industry initiatives. This approach underscores and leverages our commitment to ethical and sustainable sourcing practices that bring value for our organization and our stakeholders.
As a measure of basic accountability, responsible sourcing at Grünenthal ensures adherence with regulations such as the German Supply Chain Act. This act imposes significant ESG due diligence requirements for suppliers in Germany to ensure that human rights and environmental standards are upheld throughout the supply chain.
Embracing these regulations reinforces our goal of accountability, environmental responsibility and the promotion of a fair, sustainable global supply chain network.
Our Responsible Sourcing Programme focuses on two impact areas along Grünenthal’s upstream value chain:
- Regarding environmental impacts, our programme aims to help reduce net GHG emissions through strong collaboration with strategic suppliers, such as efforts to facilitate the transition to renewable energy.
- Regarding social and governance impacts, the programme aims to enforce fair working conditions and avoid forced labour, while also promoting tolerance and cultivating diversity within our supply chain.