1. Clear communication of the standards that Brembo expects from its business partners in terms of product and service quality, correct environmental management and proper working conditions. Furthermore, in this step suppliers are required to adopt the Supplier Code of Conduct which summarises the guidelines set out in the Group’s sustainability policy, the rules and principles that Brembo’s suppliers are required to uphold.
2. Assessment of suppliers’ capacity to meet technical specifications and requirements both during the qualification phase through the completion of a pre-assessment questionnaire (includes a CSR section, intended to assess aspects relating to safeguard workers’ rights, counter corruption and minimise the risks for the environment) and during the business relationship.
In 2018, Brembo issued the Procedure for Managing CSR Audits, which defines the procedures for selecting suppliers involved in audits, the processes for managing third party-audits, related follow-ups and any corrective actions. The parameters for selecting suppliers involved in CSR audits are: the country of origin of the supplies, the turnover with the Brembo Group and the type of production process. Beginning from 2019, continuing with its campaigns of onsite audits, Brembo extended the use of the self-assessment questionnaire to increase the number of suppliers subject to assessment. The objective of the third-party audits and self-assessment questionnaire is to identify critical affecting areas such as: working conditions, related remuneration and working hours, health, safety and the environment. The Supplier is required, for each non-conformity reported, to develop corrective action plans, which are then monitored by Brembo using the same third-party assessment body.
3. Providing suppliers with support to continually improve their own performance and strengthen their ability to innovate.
The Group promotes opportunities for supplier development, through collaborative initiatives that encourage direct discussion and the sharing of best practice.