We are applying a strict supplier policy based on the following key principles:
All suppliers confirm to acknowledge our Code of Conduct and Anti-Corruption Policy. It officially confirms that there is no conflict of interest between the suppliers and their representatives on the one hand, and between Telenet and persons affiliated with Telenet on the other hand.
The Code of Conduct covers the following themes:
Since 2013, Telenet – together with its main shareholder Liberty Global – applies the dynamic scorecard of EcoVadis to measure the ethical, environmental and social risks of our suppliers. This assesses the CSR performance of companies on twenty-one indicators, grouped into four themes: environmental risk, social risks, ethical risks and supplier risks. We use this system to compare and benchmark the performance of our suppliers.
We regularly monitor our suppliers and, in case of a suspected breach, we will start a formal audit. In case of non-compliance with CSR principles, we will initially help the supplier to take corrective action. If no agreement is reached on an acceptable recovery plan, the business relationship may be terminated.