Signing the Vendor Code of Conduct is crucial as it establishes a mutual commitment to ethical and responsible business practices, ensuring vendors align with the company’s values of integrity, legal compliance, and sustainability. This document covers key areas such as adherence to local and international laws, ethical conduct, confidentiality, fair competition, and workplace safety. It also outlines requirements for environmental responsibility, protection of intellectual property, and maintaining privacy standards. By signing, vendors agree to uphold these standards, fostering a trusted and transparent partnership while mitigating risks for both parties.
