Gearbulk ESGreport 2024 Paperturn - Flipbook - Page 74
GEARBULK
SUPPLY CHAIN MANAGEMENT
RESPONSIBLE
BUSINESS PRACTICES
Maintaining a proactive approach in developing initiatives that
drive e昀케ciency, resilience, and ethical practices is essential for
navigating the complexities of today’s global supply chains.
WHY IT MATTERS
OUR AMBITION LEVEL
OUR TARGETS
Cultivating relationships with suppliers
Gearbulk aims to exclusively engage
• 95% of all new suppliers screened for
entails nurturing ethical partnerships,
in business collaborations with supply
environmental and social topics
maintaining transparent communi-
chain partners who demonstrate a
• Develop and implement policies
cation, and promoting fair practices.
genuine commitment to addressing
and procedures for third party risk
E昀昀ective supplier management, guar-
environmental and social impacts.
management/ due diligence proce-
antees dependable sourcing, quality,
Together, we seek to uphold shared
dures
and sustainability, recognising 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.
74
PART 4 – GOVERNANCE