Supply chain management | Oriola

Procurement principles, as well as supplier selection and approval processes are important to Oriola, and the most significant human rights impacts of Oriola are associated with supply chains. Oriola promotes adherence with ethical principles among its business partners and suppliers, and requires suppliers and other business partners to commit to Oriola Business Partner Code of Conduct. Business Partner Code of Conduct covers principles related to human rights, environmental impacts and transparency, as well as fighting bribery, corruption and discrimination.

In 2019, Oriola continued to align the procurement practices and implementation of Business Partner Code of Conduct with the direct product suppliers. In 2019, the company also conducted a geographical risk assessment of direct non-pharmaceutical products and suppliers. The main part of Oriola's direct non-pharmaceutical product purchases come from Europe. By the end of 2019, 223 out of 385 identified direct product suppliers had been benchmarked against Oriola’s supplier practices included in the Oriola Business Partner Code of Conduct.