We demand a higher standard
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We are committed to conducting our affairs ethically and lawfully and we expect that businesses we associate with will do the same. We therefore strive to select suppliers and vendors that share our commitment to honesty, integrity and corporate responsibility.
Supplier diversity
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We believe a strong supply base should be made up of diverse companies, similar to the diversity of our employees, our customers, and the communities in which we live and work.
Our supplier diversity champions, key sourcing personnel located at our largest North American sites, lead us in realizing the benefits of a diverse supply base by developing awareness and processes focused on the consideration of minority-owned, women-owned, veteran-owned, LGBTQ-owned, and small businesses in our sourcing activities. In addition to these internal activities, we participate in outreach to and the development of diverse suppliers through our partnerships with the National Minority Supplier Development Council (NMSDC), the Women’s Business Enterprise National Council (WBENC), and several regional organizations.
In 2020 our North American operations spent more than $240 million with minority, women, and veteran-owned businesses and an additional $667* million with small businesses that directly supported the manufacture and delivery of our products.
*Excludes those suppliers also qualifying as diverse.
Supplier code of conduct and purchase order terms and conditions
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Our Supplier Code of Conduct and PO Terms and Conditions communicate the expectations we have for our suppliers in several key areas and strict adherence is a requirement for doing business with us.
Supply base transparency
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We believe in the global protection of human rights in our own facilities and within our global supply chain. Strict adherence to laws and high ethical standards are required. Violations of applicable law and regulations such as the use of child and compulsory labor, slavery and human trafficking, unsafe and hazardous working conditions are strictly forbidden. We expect our suppliers to share this commitment to human rights and equal opportunity in the workplace and require that they conduct their employment practices in full compliance with all applicable laws and regulations. For more information please see our disclosures in response to the California Transparency Act and UK Modern Slavery Act. Additionally, we believe in the responsible sourcing of the materials that go into our products, including those that may come from Democratic Republic of the Congo and surrounding nations. Our efforts in this area as well as our SEC Filings can be found in our statement on Conflict Minerals.
SYK CORP 2021-10-93