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Company Response

2 Sep 2024

Author:
Porsche

Porsche response

Porsche AG respects human rights. Therefore it is our goal to ensure that our direct suppliers practice ecologically sustainable procurement, adhere to human rights standards, implement social employment practices, and achieve responsible resource management.

Direct suppliers who want to work with Porsche AG must adhere to our Code of Conduct (CoC) for Business Partners. The CoC for Business Partners compels all parties to observe environmental, social, and human rights standards.

With the sustainability rating (S-rating) Porsche AG has a dedicated supply chain control instrument. Based on defined criteria, Porsche AG reviews the environmental and social behavior of direct suppliers of production materials alongside their compliance with the CoC for Business Partners. If a direct supplier does not meet the S-rating requirements, it will no longer be considered for future contracts until it has addressed the identified shortcomings and meets the sustainability requirements.

If there is suspicion that a direct supplier does not comply with sustainability requirements during an ongoing business relationship, the supply chain grievance mechanism (SCGM) comes into play. This processes potential indications of violations of Porsche AG’s sustainability requirements.

In the present case Porsche AG does not have a direct business relationship with the mentioned company. In accordance with our compliance requirements, we take all indications seriously and are currently examining the facts.

Timeline

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