Responsible Procurement Principles V.1

POLICY

VE3 is committed to upholding the highest ethical conduct in its activities. We seek to work with businesses and organisations who respect the following values and principles in their business;

Labour Principles

Environmental Sustainability

VE3 is committed to principles of sustainability and seeks to minimise the impact of our activities on the environment; we look to our partners, suppliers and associates to work with us to achieve these aims and promote environmental sustainability in our business.

The following principles should be considered in the products and services used and supplied to VE3;

Bribery, Corruption and Conflicts

VE3 recognises that bribery is contrary to fundamental values of integrity, transparency and accountability and undermines organisational effectiveness. VE3 staff may not accept gratuity, advantage or personal favour from suppliers or other business partner organisations.

We require our suppliers (including their sub-contractors) and other business partner organisations to show commitment to the prevention, deterrence and detection of bribery and implement effective anti-bribery measures in their business and supply chain.

Furthermore, in principle, no company or supplier may attempt to obtain a contract, if there is any direct link, whether through family or interests, with a member of VE3 staff unless this is appropriately declared at all stages of the process and that it can be proven that at no point during the procurement process has there been any unfair advantage gained.

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