CA Supply chain disclosure

Last modified as of October 26, 2021

Verification of product supply chain

Prior to the start of a business relationship every direct supplier is required to sign and acknowledge the Laureldale's Social Standards which include provisions on the prohibition of trafficking and slavery.

Compliance audits

On a regular basis our direct suppliers are required to undergo compliance audits which include checks for compliance with the prohibition of trafficking and slavery. Audits are conducted by internal or external partners and scheduled together with the suppliers.

Certification of supply chain security

The Laureldale's General Terms and Conditions obligate suppliers to comply with the Laureldale's Social Standards and ensure compliance through their supply chain.

Internal accountability

If suppliers violate our Laureldale's Social Standards we issue an action plan, requesting them to improve compliance with our standards. The supplier’s performance will be reviewed in a follow up audit. If a supplier fails to make progress against the plan, they may be subject to sanctions up to and including termination of the business relationship.

Internal trainings

All our employees undergo annual Social Standards trainings. Our internal and external audit staff consists of experienced and well trained auditors.