Microsoft pushes for vendor reporting
Global - Microsoft Corp. is making it mandatory for its suppliers to provide reports on their social and environmental policies, programmes, and performances in 2013.
The initiative will require a cross section of its suppliers to provide reports on their adherence to the requirements listed in the existing Microsoft Vendor Code of Conduct.
The Code of Conduct sets standards for legal compliance, business ethics, labour and human rights standards, environmental protect, and respect for intellectual property.
Microsoft believes the new reporting initiative will complement and strengthen Microsoft's existing auditing and assurance programmes, which include third-party monitoring of its contract hardware manufacturers.
"This new reporting requirement will help shareholders, customers, and others understand how Microsoft and its suppliers are meeting their expectations for social responsibility," Brad Smith, general counsel and executive vice president of legal and corporate affairs for Microsoft said.
The company will be informing a dozen of its key suppliers about the new reporting process in the coming months.
Starting in 2013, Microsoft will be including a summary of information from the vendor reports in its annual Citizen Report, and is encouraging vendors to make their reports public.
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