Gearbulk ESG Report 2023 - Report - Page 74
GEARBULK
SUPPLY CHAIN MANAGEMENT
RESPONSIBLE
BUSINESS PRACTICES
Remaining proactive in development of initiatives which ensure
e昀케ciency, resilience, and ethical practices is essential to navigate
the complexities of today’s globalised markets.
WHY IT MATTERS
OUR AMBITION LEVEL
OUR TARGETS
Cultivating relationships with suppliers
Gearbulk aims to exclusively engage
• 100% of all new suppliers screened
entails nurturing ethical partnerships,
in business collaborations with supply
for environmental and social topics
maintaining transparent communi-
chain partners who demonstrate a
• Develop and implement policies and
cation, and promoting fair practices.
genuine commitment to addressing
procures for third party risk manage-
E昀昀ective supplier management, guar-
environmental and social impacts.
ment/ due diligence procedures
antees dependable sourcing, quality,
Together, we seek to uphold shared
and sustainability, recognizing that
objectives focused on minimising
neglecting these aspects may result
adverse e昀昀ects and promoting sustain-
in disruptions and unethical sourcing
able practices.
practices.
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PART 4 – GOVERNANCE
