Our sourcing and contract awarding guidelines integrate ecological and social criteria. Suppliers are required to comply with the principles set out in the DB Code of Conduct, such as:
- Equal opportunity in the workplace, the right to collective bargaining as well as minimum and/or prevailing wages and benefits
- Creation of a healthy and safe work environment, exclusion of forced and child labor, rejection of exploitation or abuse of employees
- Support of sustainable development, environmentally responsible conduct, observation of ecological criteria in connection with production, utilization and disposal of products
- Any vendor found to be in material breach of these requirements will not be permitted to deal with Deutsche Bank.
Green Supply Chain Initiative
- Introduced in 2010: The Green Supply Chain Initiative creates a framework for systematic sustainability orientation throughout the entire sourcing process.
- Eco-efficiency requirements – from defining product requirements and drafting contract clauses, to reporting on the supply chain
- Example, suppliers have to provide information about the energy efficiency of their products or specify time limits for elimination of toxic substances in their products.
- Introduction of Green Supply Chain frameworks for various sourcing categories – for example power from renewable energy sources, paper, multifunctional printers and servers
- Intention to expand the initiative to include additional sourcing categories
- Positive effects of the Green Supply Chain Initiative: e.g. new eco-power supply contracts, a growing proportion of recycling paper, more energy-efficient equipment