Sustainability Procurement Policy

At Audiotonix, we are committed to embedding sustainability into our procurement processes. Our sustainable procurement policy aims to reduce our environmental footprint, promote social responsibility, and ensure economic viability throughout our supply chain. This policy applies to all procurement activities across Audiotonix.

We adopt global best practices in supplier diversity to shape our procurement strategy. We strive to partner with top-tier, diverse entrepreneurs worldwide, encompassing diverse sizes and ownerships, without bias towards their gender, race, ethnicity, socio-economic status, sexual orientation, military veteran status or disabilities. We are committed to supporting enterprises that value social responsibility. Our procurement process is designed to be transparent, objective, and non-discriminatory in supplier selection.

Objectives

Reduce the environmental footprint of our supply chain by prioritising suppliers with sustainable practices.
Ensure fair labour practices and ethical standards are upheld throughout our supply chain.
Promote long-term economic health by fostering innovation and efficiency in our procurement processes.
To engage with suppliers who contribute to United Nation’s Sustainable Development Goals and align with our commitment to environmental sustainability.
Encourage suppliers to continuously improve their sustainability performance through regular assessments, audits, feedback, and support from Audiotonix.

Commitments

Audiotonix is dedicated to:

Prioritising materials and components that are recycled, recyclable or have a lower environmental impact.
Encouraging suppliers to adopt sustainable practices.
Collaborating with suppliers to improve their sustainability performance.
Conducting regular assessments of suppliers based on their environmental, social, and economic practices.
Providing feedback and support to help suppliers meet our sustainability standards.
Maintaining open communication with suppliers about our sustainability expectations
Ensuring transparency in our procurement processes by publicly sharing our sustainability goals and progress
Regularly reviewing and updating our procurement practices to align with the latest sustainability standards and innovations.
Investing in research and development to find more sustainable materials alongside innovative design technologies and processes.

Supplier Expectations

The suppliers of Audiotonix are expected to:

Comply with our sanctions screening requirements.
Comply with the Audiotonix Code of Conduct
Undergo supplier audits if they have a higher risk profile.
Collaborate with us to reduce the environmental impacts of the goods and services they provide.

We recognise that while we may not be able to reject suppliers solely based on their sustainability credentials, raising questions about these issues increases their visibility. This approach can partially influence behaviours through awareness alone. Our engagement with suppliers aims to identify those whose values align with our own, and we will publicly express our preference for working with organisations that minimise their environmental impact whenever possible.

By implementing this Sustainable Procurement Policy, Audiotonix is committed to reducing our environmental impact, promoting social responsibility, and ensuring economic viability. We believe that sustainable procurement is essential for the long-term success of our business and the well-being of our planet.