BT 2015 Annual Report Download - page 39

37
Overview
The Strategic Report
Purpose and strategy Delivering our strategy
0ur lines of business Group performance Governance Financial statements Additional information
his ear we introduced our urchase rder intercept prorae.
his involves reviewin all purchase orders to ae sure that we are
optiisin our spend across . he new entral usiness ervices centre
see pae  is supportin our procureent division and is rowin in
nubers to support this prorae.
e are continuin to review our suppl base and have deactivated
around 00 suppliers fro our procureent sstes in the last
1 onths. ur suppl base now includes new cateories of suppliers
tosupport our new arets.
urin the ear we launched the rocureent rofession part of the
cade see pae 1. his is helpin to iprove the sills of our
people. ur abition is to have all of our buers accredited and licensed.
nd for a few of our epert practitioners to be reconised eternall as
fellows of the hartered nstitute of rocureent and uppl .
urrentl we have two practitioners who are fellows of .
hoosin our suppliers
t is iportant to us that we now who we are doin business with and
who is actin on our behalf. o we
 choose suppliers usin an established set of principles which sees to
ae sure both we and the supplier act ethicall and responsibl
 chec that the oods and services we bu are ade delivered and
disposed of in a sociall and environentall responsible wa and
 easure factors such as a suppliers ener use environental ipact
and labour standards.
ou can find out ore at www.sellinbt.bt.co
abour standards in our suppl chain
e want our suppliers eploees to eperience worin conditions that
eet the standards we have developed. e send our suppliers an ethical
standards uestionnaire. ased on their responses we follow up with
an suppliers identified as hih or ediu ris. his ear we et 9
ofour taret to achieve 100 follow-up within three onths.
e also visit supplier sites to ae sure the eet our standards.
hisear we visited  sites 011  sites around the world.
1XPEHURIRQVLWHVXSSOLHUDVVHVVPHQWV
ear ended 1 arch
01 9
01 
2015 
o copl with the odd-ran ct and our ecurities and chane
oission  obliations we ased certain suppliers whether their
products contain certain inerals which a have been sourced fro
conict areas such as the eocratic epublic of the ono. n une
01 we filed the reuired report coverin 01 with the  which
described our due dilience and reected the responses we received.
ewill file the report for 01 in une 01.
Paying our suppliers
his ear the averae nuber of das between invoice date and supplier
paent was 0 das 011  das.
uppliers can choose to use the  upplier inance schee. t oers
contracted suppliers the chance to be paid earl which reduces their
financin costs. e introduced it in epteber 01 and it is now
one of the larest supplier finance schees in the UK supportin over
1.bn of spend annuall.
ou can find out ore about the  upplier inance schee at
www.sellinbt.bt.coaentupplierinance
t is particularl attractive for s who ae up around 0 of our
suppl base and it supports UK overnent initiatives to encourae
sall business rowth. e also follow the etter aent ractice ode
set up b the overnent in partnership with business oranisations
across the UK.
ou can find out ore about the etter aent ractice ode at
www.paontie.co.u
Human rights
s a provider of counications services across the world we could
ipact the huan rihts of our eploees worers in our suppl chain
custoers and counities in a nuber of dierent was.
ur stateent of business practice he a e or sets out our
coitent to respectin huan rihts. t ives eploees suppliers
and anone worin on behalf of  uidance on how we epect the
to behave.
e believe the areas that could be ost aected b our business are
the huan rihts to privac and freedo of epression. ur policies on
privac securit anti-corruption and briber diversit inclusion health
safet wellbein conict inerals and sourcin with huan dinit
help itiate riss in these and other relevant areas.
n last ears nnual eport we said we would carr out a oard-level
review of our huan rihts polic and further develop our copliance
fraewor. e have now copleted this review. e assessed our
operations in the UK aainst staeholder epectations on how businesses
should respect huan rihts. e have taen advice fro both a leadin
law fir and a lobal non-profit huan rihts consultanc.
he review showed that we have stron processes to anae huan
rihts ipacts arisin with our eploees such as hihl developed
diversit and wellbein easures. e also have a clear approach to
freedo of epression based on our belief that our custoers should
have the choice whenever possible to access the services and content
the want. he review did identif opportunities to strenthen our
huan rihts polic and overnance and to be ore transparent about
our operations and interactions with overnent.
Our
peratin oittee and oard considered the recoendations
and have approved an ipleentation prorae to further enhance
our approach to huan rihts. his prorae will bein later in
01. e have established a huan rihts steerin roup to achieve
this. t is sponsored b the
peratin oittee and will have broad
representation across our e functions and lines of business.
ore inforation can be found at www.bt.codeliverinourpurpose
The Academy
31
BT Supplier Policy
www.selling2bt.bt.com
BT Supplier Finance Scheme
www.selling2bt.bt.com/
Payment/SupplierFinance/
Better Payment Practice Code
www.payontime.co.uk
Find out more