What does this element of the programme entail?
|Material issues||Our principles|
|Product quality and integrity||We work with our suppliers to maintain excellent standards of product quality and safety.|
We expect our suppliers, contractors and agents to adhere to our code of Conduct and to adopt similar standards.
|Promoting "eco" products||We are a positive link in the sustainable construction supply chain.|
Why is it material to Wolseley?
|Product quality and integrity||Sourcing and supplying safe, quality products improves our margins, enhances customer satisfaction and enables our people in branch to devote more time to service.||Product-related litigation is recognised as one of our principle risks.|
|Responsible sourcing||Working with reputable suppliers gives our stakeholders confidence in the integrity of our supply chain and reduces the risk of business interruption or reputational harm.||There is increasing focus on supply chain transparency including labour standards, modern slavery, conflict minerals and avoiding bribery and corruption.|
|Promoting "eco" products||Where the opportunity exists, we can gain market share by supplying sustainable construction products and offering training and advice to our customers.||Poor market conditions and pressure on margins are two of the Group’s principal risks. As building regulations increasingly focus on sustainable enhancements, eco products represent a growth opportunity.|