Umicore is committed to ensuring that the materials we source contribute to a more sustainable future.
Our approach leverages due diligence and partnership with suppliers who share our dedication to environmental stewardship and social responsibility. We prioritize sourcing from suppliers who adhere to high standards of transparency, ethics, and sustainability, helping us deliver high-quality products while minimizing environmental impacts and promoting fair labor practices across our value chain.
Risk-based approach
Our risk-based due diligence approach ensures our sourcing practices align with international standards and Umicore values. This includes:
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Adhering to global responsible sourcing standards
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Developing robust internal sourcing frameworks
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Implementing rigorous supplier assessments
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Working with suppliers to improve practices
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Obtaining key operational certifications
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Continuously improving our own processes
For more information on Umicore governance and internal sourcing, see the download section of this page or the ESG Databook.
We align our practices with the following leading industry standards:
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Focus Areas
Business ethics
We uphold the highest standards of business integrity throughout our operations and supply chain. We strictly prohibit bribery, corruption and unfair business practices, fostering a culture of transparency and ethical conduct in all our business relationships.
Human rights and labor practices
We are committed to sourcing minerals that do not finance conflict or human rights abuses. We ensure fair working conditions and respect for human rights throughout our supply chain.
Environmental stewardship
Our sourcing practices aim to minimize environmental impact and promote sustainable resource management.
Supply chain due diligence
We work towards full traceability and transparency in our supply chains, from mine to market.