What we expect of our Suppliers
It's important to us that our suppliers act in a socially responsible manner, and we believe that by selecting, influencing and working with key suppliers we can contribute to their performance in this area. In addition to a commercial evaluation, potential significant suppliers complete questionnaires covering the key aspects of equal opportunities, health & safety and environmental performance.
Key suppliers are determined on the basis of contract value and level of risk, where the criteria vary according to the type of CSR risk. Supplier managers engage regularly with key suppliers, using the guidelines which have been developed to promote improvements in CSR performance.
We know that the specification of bought-in goods or services can have a direct impact on the environmental performance of our buildings and business processes. We also believe that consideration of CSR issues in the specification of a product can have a positive impact both within Legal & General and within our global supply chain. We therefore develop specifications for key commodities, which are determined through a risk assessment of their major impacts.