Fair Procurement and Supplier Code of Conduct

Introduction

At LiquidQube, we are committed to fair, ethical, and transparent procurement practices. Our Fair Procurement and Supplier Code of Conduct outlines the principles and expectations for our suppliers and partners, ensuring alignment with our values and business objectives. This policy promotes sustainability, integrity, and accountability throughout our supply chain.

Scope

This policy applies to all suppliers, vendors, contractors, and other third parties who provide goods or services to LiquidQube. By engaging with LiquidQube, suppliers agree to adhere to the principles outlined in this Code of Conduct.

Our Commitments

Fair Procurement:

Maintain a transparent, fair, and competitive procurement process.

Select suppliers based on merit, quality, value, and alignment with LiquidQube’s goals and standards.

Ensure timely and fair treatment of all suppliers and partners.

Ethical Practices:

Engage only with suppliers who adhere to ethical business practices and legal compliance.

Avoid conflicts of interest in all procurement activities.

Sustainability:

Prioritise suppliers who demonstrate sustainable practices and minimise environmental impact.

Promote responsible sourcing of materials and resources.

Supplier Expectations

Compliance with Laws

Suppliers must comply with all applicable laws and regulations, including those related to labour, health and safety, environmental protection, and anti-corruption in the regions where they operate.

Labour and Human Rights

Prohibit all forms of forced labour, child labour, and human trafficking.

Provide fair wages, benefits, and working hours in compliance with local laws.

Maintain a workplace free from harassment, discrimination, and abuse.

Ethical Business Practices

Avoid bribery, corruption, and unethical business practices in all interactions.

Ensure transparent and accurate record-keeping and reporting.

Respect LiquidQube’s intellectual property and confidential information.

Environmental Responsibility

Minimise environmental impact by reducing waste, conserving resources, and controlling emissions.

Comply with all applicable environmental laws and regulations.

Promote sustainable sourcing of materials and support efforts to combat climate change.

Health and Safety

Provide a safe and healthy working environment for all employees.

Implement measures to prevent accidents, injuries, and occupational illnesses.

Supply Chain Responsibility

Extend these principles to your own suppliers and subcontractors.

Conduct due diligence to ensure ethical practices throughout the supply chain.

Procurement Principles

Transparency:

Maintain open and honest communication with suppliers throughout the procurement process.

Disclose criteria for supplier selection and evaluation.

Diversity and Inclusion:

Support a diverse supplier base, including small businesses and suppliers from underrepresented communities.

Promote equal opportunities for all potential suppliers.

Accountability:

Monitor supplier performance to ensure compliance with this Code of Conduct.

Monitoring and Auditing

LiquidQube reserves the right to audit suppliers’ practices to ensure compliance with this Code of Conduct.

Suppliers are expected to cooperate fully with audits and provide access to relevant information and documentation.

Reporting and Escalation

Suppliers are encouraged to report any concerns or violations of this Code of Conduct to procurement@liquidqubegroup.com. All reports will be treated confidentially, and LiquidQube prohibits retaliation against those who raise concerns in good faith.

Consequences of Non-Compliance

Non-compliance with this policy may result in:

Termination of the supplier agreement.

Legal action if violations involve unlawful activities.

Reputational consequences for the supplier within the industry.

Policy Review

This Fair Procurement and Supplier Code of Conduct will be reviewed annually to ensure alignment with evolving best practices, legal requirements, and LiquidQube’s business objectives. Updates will be communicated to all suppliers and partners.

Contact Information

For any questions or concerns regarding this policy, please contact:
procurement@liquidqubegroup.com.