Contractor and supplier management

Suppliers and subcontractors are important part of our operations and value creation. With responsibility being one of our core values, we strive for applying sustainable business practices not only within a company, but also among external stakeholders, including those in supply chain.

We are constantly looking for opportunities to increase the positive impact of our operations throughout the value chain. We believe that by putting emphasis on responsible governance, healthy and safe working places, fair pay and transparency, we help to create stronger communities and better business environment.

SCHWENK Latvija cooperates with more than 1000 suppliers and contractors in various fields. Our procurement processes are implemented according to the procedures and guidelines, ensuring equal treatment towards all possible suppliers. All potential suppliers should be ready to sign affirmation stating that their business practices are highly ethical, compliant to all relevant rules and regulations, with high standards for health and safety, environment protection and fair working conditions.

Agreement annexes confirming fair and highly ethical business practice:

Also during the cooperation we implement various initiatives in order to raise suppliers’ and contractors’ awareness on various issues, especially health and safety. On regular basis we meet for health and safety workshops with contractors’ management and H&S experts, contractors’ audits are implemented in order to evaluate the level of health and safety standards at contractors’ locations and encourage sustainable practices along the value chain.

Specifics of our operations restricts us from fully local supplies, however when possible, we do support local producers and suppliers. On average approximately 70% of SCHWENK Latvija suppliers were local companies.