Management of relationships with suppliers

Within the scope of its entire business activity, regardless of the country in which it operates, the Śnieżka Group undertakes to comply with all commitments toward its suppliers resulting from its business activity as for purchased goods and outsourced services.

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This process is constantly subject to internal control, and in addition, steps have been taken to implement the payment procedure in individual Group companies, including the parent company Śnieżka SA, where the Procedure for payment deadlines and counteracting payment backlogs FFiL Śnieżka SA is in force.

As part of its strategic approach to the purchasing process, the undertaking commits itself to purchasing and using raw materials and packaging with the required certificates confirming that they meet applicable legal requirements. Furthermore, it undertakes to support all initiatives regarding the use of safe raw materials, including recycled raw materials. They have been implemented in Śnieżka SA, Śnieżka ToC and Rafil, while in Śnieżka-Ukraina and Poli-Farbe they are in the process of implementation. The next stage is to implement them in the Śnieżka-BelPol company.

The Śnieżka Group strives to acquire reliable and credible suppliers. The selection is based on the analysis of technical capabilities, experience, possible history of cooperation, costs and issues of sustainable development contained in the Supplier’s Code of Conduct.

The purchasing process, together with the supplier self-assessment survey and (in Polish companies) the Procurement Policy, allows for establishing collaboration with entities that comply with the requirements set by Śnieżka in the area of sustainable development, including environmental protection and human rights. It is a factor that strengthens the motivation for positive changes for other enterprises.

The selection of a business partner is made in accordance with the Supplier Selection Procedure.

67%

of the Group’s suppliers, classified as strategic, key and core ones, have read the Supplier’s Code of Conduct or have presented their own code.

100%

of strategic and key suppliers have received information and documents related to the self-assessment (suppliers of Śnieżka SA i Śnieżka ToC).

57%

of strategic and key suppliers completed the self-assessment form.

Area management

Prevention and detection of corruption and bribery