Investor Presentaiton
2016 Braskem | Annual Report
70
‣ Suppliers
G4-12 Global Compact Principle 10
With over 8,000 Suppliers spread
throughout its operations worldwide,
Braskem seeks to closely monitor
the behavior of its partners, seeking
attitudes in line with the Company's
ethical, social, and safety principles.
Therefore, only companies meeting
tax and regulatory obligations,
with technical and administrative
qualification, and a healthy
economic situation, are considered
for hiring.
Based on the magnitude of its
operations, Braskem has structured,
decentralized Supplier management
in areas responsible for purchasing
processes, cost analysis, quality
assessment of products and
services, compliance with the
Supplier Code of Conduct, legal
regulations, and Health, Safety, and
Environment (HSE) requirements.
It is worth mentioning that
all Suppliers have access
to the Braskem Ethics Line
Channel and are encouraged
to contribute information that
helps to strengthen transparency
and trust. All complaints are
investigated and have reparation
measures to ensure the correct
outcome of any problems.
TO LEARN MORE ABOUT THE ETHICS
LINE CHANNEL, VISIT
braskem.com.br > Ethics Line
The Code of Conduct for Suppliers is available
for download at braskem.com.br > Suppliers
PERCENTAGE OF PURCHASES BY
SUPPLIERS BY COUNTRY
G4-EC9
In the period covered by this report, Braskem in Brazil reduced expenses on contracting foreign Suppliers, falling
from 36% in 2015 to 24% in 2016. In its first year of operation, Mexico allocated 16% of its spending budget
to hiring foreign Suppliers. This percentage was maintained in the United States and grew in Germany from 4%
(2015) to 6% (2016).
PERCENTAGE OF PURCHASES BY SUPPLIERS BY COUNTRY
Brazil
Suppliers
2015
2016
Domestic
64%
76%
Foreign
36%
24%
Domestic
96%
94%
Germany
Foreign
4%
6%
Domestic
99%
99%
United States
Foreign
1%
1%
Domestic
84%
Mexico
Foreign
16%View entire presentation