The PRISMA Group selects, qualifies and controls all its Suppliers and Contract Partners through a specific management system in accordance to PRISMA’s Labor Practices Policy, Health & Safety Policy, Environmental Policy, and Business Ethic Policy.
The PRISMA Group requires all its Suppliers and Contract Partners to align with its policies while performing business and to ensure compliance with those policies at all the levels of the relevant supply chain.
The PRISMA Group is committed to performing its business with all Suppliers and Contract Partners by complying with the following principles:
Suppliers’ and Contract Partners’ compliance is ensured by means of suitable monitoring procedures. In particular the PRISMA Group can ensure suitable monitoring through on-site auditing activities and periodic Suppliers’ and Contract Partners’ performance analysis, in accordance with the main principles of the social company responsibility and in accordance with the contract’s contents undersigned with them.
In the event of non-compliance with the above-mentioned principles, the PRISMA Group will first and foremost seek a solution with the Supplier or the Contract Partner through dialogue. Should an agreement fail to be achieved or should serious non-compliance occur, the PRISMA Group will apply the necessary sanctions that may go as far as the termination of the contract.