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Responsible relations with our suppliers
The FCC purchasing model is a structural solution to ensure integrity and efficiency in the purchase and supply chain. Aside from harnessing synergies and developing purchasing capacities that will increase efficiency and generate value for FCC's businesses, the objective of the purchasing model is to manage purchases according to responsible principles that are in line with FCC's ethical standards. It is important to note that two-thirds of the financial resources generated and managed by FCC are spent on contracts with suppliers and subcontractors.
Responsible principles
Some of the principles of our model include competition between suppliers, separation of functions between the business unit and the purchasing unit, transparency throughout the process and in decision-making, objectivity and unanimous agreement between all the parties involved in the purchase, and mutual fulfilment of contractual commitments.Code of Ethics
In addition, in order to extend these principles of social responsibility and integrity to our suppliers, FCC requires all suppliers and subcontractors, in their relations with FCC, to understand and respect the content of our Code of Ethics, which is available in all the languages of the countries in which FCC operates.Principles of the Global Compact
Another obligatory requirement for suppliers in purchases managed using the purchasing model is to abide by the 10 Principles of the United Nations Global Compact. Suppliers and subcontractors agree to abide by these 10 principles of the Global Compact, which FCC signed up to in 2007, in their relations with FCC (www.pactomundial.org). Failure to comply with any of these principles could result in the cancellation of contracts.Other selection criteria
One of the criteria used in selecting suppliers is certification of their quality management, environmental and occupational hazard systems.
