OHL has a diversified global supply chain that represents a source of value and competitiveness for our business, key allies in our strategy of profitability and growth. To this end, OHL has mutually beneficial relations with its suppliers and subcontractors based on the principle of shared value and responsible business management.
The Code of Ethics and Anti-Corruption and Responsible Procurement Policy, together with the new Procurement Standard, set out the principles and guidelines governing relations between the Group and its supply chain to avoid social, economic and environmental risks, and ensure the creation of value in the medium and long term.
All divisions and corporate areas of OHL autonomously manage their purchases and create their supply chains according to their individual needs. However, the OHL Group has a series of internal tools to aimed at managing purchases according to shared principles and guidelines, which in 2015 has been strengthened by the new Procurement Standard.
The most important aspects include the basis for decision-making, management and monitoring in the field of procurement and the principles established in the Group’s Code of Ethics, the Responsible Procurement Policy and Anti-Corruption Policy, which are to be observed by all persons involved in the various stages of the purchasing process within the OHL Group. These principles ensure the prevention of fraud and that the selection of suppliers is performed under terms of impartiality and objectivity, avoiding behavior contrary to the ethical principles of the OHL Group.
Likewise, the Procurement Standard provides that all documentation generated must be recorded in a management tool to ensure the full tracking of the purchase, either through the Online Purchasing System (SIC), the Smart Plan or through other approved storage tools.
Also in 2015, we have established common approval requirements for suppliers/subcontractors in all purchasing units of the OHL Group. In addition, certain purchase providers must be analyzed under the Third-Party Due Diligence Process approved this year.
With regard to contracts, all divisions of the Group, have a clause included in their model contracts which refers to knowledge and compliance with the 10 principles of the United Nations Global Compact and the Group's Code of Ethics.