Building a responsible supply chain is an important stepping stone on the way to sustainability. As one of performance measures, organizations have increasingly looked at labor, environmental, ethical and social compliance of their suppliers and contractors. The Company developed a Responsible Supply Chain Policy that sets out supply chain standards and requirements for suppliers.
Magnit’s procurement practices are set to evolve towards greater responsibility. The Company seeks to work with certified product suppliers and keep close track of products’ origin.
Sustainable sourcing includes streams: