We select a number of suppliers for site visits or social audits where we review their standards. This part of the process usually takes place with the local Coloplast management team where the supplier operates from. At times the Corporate Decision Board is contacted to review a case which has a particularly high risk profile.
The Decision Board reviews the case according to local regulations, the United Nations Global Compact Principles, and considers factors such as the nature of the relationship with the supplier and history of cooperation. Coloplast then agrees on any necessary improvements, and an action plan is drafted for the changes to be undertaken before the next visit.
Our programme does not include giving out financial support to help suppliers implement changes. We help on a consulting basis where our local teams share cost efficient best practices that comply with local regulations. We do this since it is often the case that suppliers are unaware of how to implement improvements. Usually, the suppliers respond positively and implement the action plan discussed. However, in a few cases we may have to terminate the cooperation.