Vendor Code of Conduct
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The ESCO Technologies Foundation is dedicated to providing financial support to a core group of charities focused on helping children and families in the communities where ESCO Technologies has operations. The Foundation’s goal is to make a meaningful contribution to each charity and respective community. Our employees are engaged in volunteer efforts to support many of the organizations selected to receive grants. The Foundation also offer programs that award college scholarships to the children of ESCO employees and grants to support employees facing extreme hardships.
ESCO Technologies appreciates the importance of understanding our environmental, social, and governance (ESG) impacts. In our initial Sustainability Report, we performed a comprehensive materiality assessment to determine our most significant ESG topics. In 2017 & 2018, our reports have focused on providing a discussion of our actions, processes and practices related to these 8 key topics and on streamlining and automating our data collection process for energy consumption and greenhouse gas emissions (GHG).
Supply Chain Policies
We expect our suppliers to act with integrity and treat people and the environment with respect. These expectations are described in our Vendor Code of Conduct, with which we expect all our suppliers to comply. In this way, we are able to employ high caliber suppliers that demonstrate responsibility and a commitment to fairness and honesty.
We support efforts to end the human suffering and environmental harm that has been associated with certain mining in the Democratic Republic of Congo and adjoining countries, and are committed to meeting all legislative and regulatory requirements that seek to eradicate this suffering.
Tracing the origin and chain of custody of minerals throughout a global supply chain is a complex process, especially for companies such as ESCO that have hundreds of suppliers. However, we are working with our suppliers to develop and implement policies and systems to reduce the risk that minerals in our supply chain come from mines that finance or benefit armed groups in the DRC region. We will evaluate our suppliers on the extent to which they meet these expectations and share our goals.