We have an annual procurement budget of more than £1 billion, and rely on 5,000 regional, national and international suppliers to support the delivery of our company vision. We develop relationships with our key partners and suppliers, based on common values to help achieve that vision.
Treating our supply chain fairly and ethically, through prompt payments and adequate guidance and support, is something we are fully committed to. We, in turn, expect suppliers to uphold high environmental and ethical standards – the tenets of which are described in our Sustainable Supply Chain Charter (PDF 84KB opens in new window).
Three quarters of our total spend in 2015/16 was with suppliers who have signed up to the charter.
We maintain high ethical standards of business conduct and corporate governance and expect the same high standards of our supply chain.