- In January 2020, we launched our Supplier Code of Conduct which holds suppliers accountable for ESG risk and sustainable business practices.
Conduct comprehensive screening on ESG factors and Supplier Code of Conduct on 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.
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.
- Our vendor technology assessment program ensures the confidentiality, integrity, and availability of BBH and client data when using a supplier.
Based on 2020 data