SCHREDER - Sustainability Report 2023

People

2. Sustainable Procurement and Human Rights

In 2020, the Schréder Group adopted the Responsible Business Alliance (RBA) Code of Conduct as its standard for Human Rights and Environmental standards. The provisions of the RBA Code are derived from key international human rights standards, including the International Labour Organisation (ILO), the Declaration on Fundamental Principles and Rights at Work and the United Nations Universal Declaration of Human Rights. It sets standards to ensure that working conditions in the supply chain are safe, that workers are treated with dignity and respect, and that business operations are conducted in an environmentally responsible and ethical manner.

We prohibit the use of illegal, forced or compulsory labour by our suppliers and subcontractors. Our Code of Conduct, updated in 2022, recognises the importance of respecting and promoting fundamental human rights in our operations and supply chains, and sets out our commitment to respect workers’ rights throughout our value chain. Our Code of Conduct and policies work together to support the principles contained in the RBA Code of Conduct. All Schréder entities, employees and the Schréder supply chain must observe and comply with the standards on Human Rights contained in the RBA Code of Conduct, including:

Free Choice of Employment Young Workers Working Hours Wages and Benefits Human Treatment Non-Discrimination Freedom of Association

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