What does the CIPS Code of Conduct emphasize regarding suppliers?

The CIPS Code of Conduct emphasizes conducting due diligence during supplier selection because it recognizes the importance of thoroughly assessing suppliers to ensure they align with ethical and responsible sourcing practices. This due diligence process involves evaluating potential suppliers not just on cost and efficiency, but also on their adherence to social, environmental, and ethical standards. By doing so, organizations can make informed decisions that promote sustainability, mitigate risks, and foster long-term relationships with suppliers who share their values.

This approach helps companies avoid unethical practices, such as exploiting labor or failing to maintain environmental standards. It ensures that suppliers are capable of delivering not only quality products and services but also maintaining integrity in their operations. The emphasis on due diligence aligns with the broader goals of responsible sourcing, which is to create a supply chain that is not only efficient and cost-effective but also ethical and sustainable.