To a large company such as Intesa Sanpaolo, the supply and sub-supply system represents an important and delicate area. The social and environmental responsibility must necessarily be one of the criteria guiding the management of the impacts that the purchase of goods and services generates on the company and the environment. In this light, the Bank intends to set up supply systems that minimise such impacts and to keep a check on the supply chain, by cooperating with consumer associations and environmental and human rights organisations.
The implementation of the said management model follows two lines of action:
the first is mainly focused on its relationships with suppliers, with a strong emphasis on transparency, fairness and integrity on the way it is managed. The equality aspect is not neglected in order to ensure equal opportunities to all the key players. The guiding principles of this approach derive from the principles set out in the Code of Ethics. Suppliers are required to consult it when registering to the Portal and, subsequently, in case of the stipulation of supply or service contracts they have to make the commitment - even for their members / employees / collaborators - to respect the principles of the Code in the execution of conferred tasks;
the second area is tied to the promotion of the suppliers’ social and environmental responsibility practices. A key activity in this area is the control of the Suppliers Portal. Aside from the Code of Ethics, which also addresses the protection and safeguarding of human rights as established in the 1948 Universal Declaration of Human Rights, suppliers are also required to consult the Organisation, Management and Control Model (Legislative Decree 231/2001) and the Group’s Internal Code of Conduct. The evaluation of the suppliers registered to the portal allowed us to lay the foundations for an approach increasingly oriented to the mitigation of the risks arising from the supply chain management. In 2014, infact, the Purchasing Department started a partnership with EcoVadis, an international company specializing in the evaluation of the social and environmental responsibility performances in the supply chain, in order to trigger a virtuous circle which, starting from the results of the analysis, leads to the identification of any corrective measures, with a view to continuous improvement.
The principles of transparency and fairness declared in the Code of Ethics adopted by the Intesa Sanpaolo Group and stated in the Guidelines for Group Procurement have been the guiding principles of the Procurement management process reform, that was launched in 2012 with the main purpose of streamlining the rules and the purchasing processes and to apply a standard model to the Intesa Sanpaolo Group and was largely realised through the involvement of some Banks and companies both in Italy and abroad.
As Associated Supporter of Acquisti & Sostenibilità - a not for profit association that promotes initiatives related to sustainability in Procurement and along the Supply Chain - Intesa Sanpaolo participates in the organisation of events aiming at increasing the level of awareness about sustainability issues, for the main actors working in the specific sector, inside and outside the company. These meetings, beside strengthening our relationship with suppliers, give participants the chance to share their best practices in order to improve their products and services.