Managing Risk and Compliance

We manage supply chain risk through a process of risk assessment and strategic decision making whereby we direct and develop business with suppliers who have greater capability and reduced risks, while supporting other suppliers to improve their performance.

Supplier risk assessment starts with FIBRE N FASHION’s Code of Conduct . This is our supplier engagement document and it outlines the minimum standards required of human and labor rights, safety, environment and security, as well as transparency and ethics.

Compliance against the Code of Conduct is assessed by FIBRE N FASHIONas well as external audit firms approved by us or our customers and/ or independent industry organizations. The audits may be unannounced, semi-announced or announced, depending on the requirements of our customers. Adding the capabilities and resources of our appointed third-party audit firms to our own has increased our visibility into our supply chain. At the same time, we are also establishing a stronger and more consistent methodology in our auditing program by regularly hosting joint training sessions with our third-party auditors.

PURPOSE

We are putting purpose at the core of what we do at FIBRE N FASHON to make a difference along the supply chain. We know we cannot do this alone and are using our convening power to enable collaboration and partnerships to make positive impacts that are scalable and sustainable.

GOVERNANACE

We are committed to the principles of good corporate governance which emphasize transparency, accountability and independence, and believe this enhances shareholder value.

OUR REACH

We operate one so extensive global supply chain networks in the world . In Various locations and different markets. Leveraging our convening power, we bring together diverse players in the supply chain to enact change for the benefit of our industry

Managing Risk and Compliance