Supplier Sourcing

A material impact area for our communities

Our Goal

Conduct comprehensive screening on ESG factors and maintain a Supplier Code of Conduct for material supplier contracts and renewals.

As a global organization with thousands of business relationships, we recognize that our sustainability impact includes not just the work we do directly but also the work that is done on our behalf. That’s why we seek to enter into relationships with suppliers who share our values, including ethical dealings, environmental stewardship, and human rights and labor practices that support dignity and inclusion.

We believe that all companies that provide products and services to BBH should align their guidelines, policies, and practices with ours, which are in turn aligned with those of our clients and employees.

BBH maintains a global supplier management process and conducts comprehensive due diligence on each supplier with which we engage. BBH requires all suppliers who meet a materiality threshold to commit to signing our Supplier Code of Conduct. We see our Supplier Code as more than a formality---its intent is to be a springboard for education and engagement with our suppliers.

It is a priority for us to raise awareness, and drive engagement so that together, we can have a more meaningful impact.

UN Sustainable Development Goal Alignment

Ensure sustainable consumption and production patterns

Core Program Components

  • We maintain a comprehensive global vendor management process that governs the firm’s vendor risk management controls and sets forth requirements for managing external supplier relationships.

  • All BBH supplier engagements, whether with new or existing suppliers, require the review and pre-approval of the Vendor Management Steering Committee.

  • In January 2020, we launched our Supplier Code of Conduct which holds suppliers accountable for ESG risk and sustainable business practices.

  • Our vendor technology assessment program ensures the confidentiality, integrity, and availability of BBH and client data when using a supplier.

  • We screen our largest suppliers to not only assess the strength of their oversight and controls but to validate that their values align with our own Sustainable BBH program. 
  • 234

    suppliers assessed by the Vendor Technology Assessment (3-year Rolling View)

  • 17

    new supplier signatures to BBH Supplier Code of Conduct (or equivalent)

Based on 2022 data

2022 Stewardship Report

BBH has been in business for more than 200 years. Sustainability—a steadfast commitment to long-term value and well-being—is core to who we are. We will steward that commitment well into the future—for our clients, our people, and our communities. In this report we detail our accomplishments and progress in our ten focus areas in 2022.

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1BBH sponsors UCITS Funds registered in Luxembourg, in certain jurisdictions. For information on those funds, please see bbhluxembourgfunds.com


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