Sustainability jayram@metals_recyclers October 1, 2024

Sustainability

SUSTAINABLE SUPPLY CHAIN

SUSTAINABLE SUPPLY CHAIN ATJAYRAM METALS & RECYCLERS

In an era where environmental stewardship and social responsibility are paramount, Jayram Metals & Recyclers recognizes the critical importance of a sustainable supply chain. Our commitment to sustainability is not just a business strategy; it is a core value that guides our operations and relationships with our suppliers.
We believe that a sustainable supply chain is essential for long-term success and for contributing positively to the world around us.

Our Supplier Code of Conduct

Building on our “Code of Business Conduct,” our Supplier Code of Conduct is a testament to our alignment with internationally recognized standards and principles related to human rights, labor rights, anti-corruption, and environmental responsibility. This Code is a foundational element of our contractual relationships with suppliers, and we expect all suppliers to adopt practices consistent with it.
We require all our suppliers to sign and adhere to this Code, ensuring it also applies throughout their supply chains. Our business activities are subject to national laws and regulations on environmental protection, product safety, and social welfare. Beyond legal compliance, we formally request that all our suppliers respect the principles of our Supplier Code of Conduct, our group policies/regulations, and all applicable laws and regulations. Commercial transactions can only be entered into with approved counterparties.

Expectations from Suppliers

Jayram Metals & Recyclers expects its suppliers to adhere to the principles of the following internationally recognized standards:

Working Conditions / Labor

Child Labor

Suppliers must not use child labour and should follow ILO conventions on the minimum age for employment.

Compensation and Benefits

Fair wages, working hours, and benefits must be provided, ensuring equal pay for equal work.

Forced Labor

Any form of forced labour is prohibited; employees must be free to leave employment.

Freedom of Association

The right to freedom of association and collective bargaining must be respected.

Safe Working Conditions

Safe and healthy working conditions must be maintained.

Business Ethics

Business must be conducted with integrity, avoiding undue advantages.

Relationships must be impartial, and conflicts of interest must be handled appropriately.

Financial Transactions must comply with laws, avoiding money laundering or terrorism financing.

Suppliers must comply with sanctions and export control legislation.

Fair and free competition must be promoted, avoiding anti-competitive practices.

Human rights must be respected, ensuring non-discrimination and equal opportunity.

Reporting Channels: Suppliers must have internal reporting channels to address compliance risks and misconduct.

Supply chain due diligence

Jayram Metals & Recyclers applies a risk-based approach to supplier management. Suppliers must be qualified before they can be approved and added to the Jayram Metals & Recyclers supplier portfolio.
During the qualification process, potential risks and opportunities are identified and evaluated. This ensures that suppliers comply with Jayram Metals & Recyclers Supplier Requirements and can consistently provide conforming raw materials, products, or services.

Supply chain complaints

The Jayram Metals & Recyclers Misconduct Reporting Mechanism allows its employees and external stakeholders to report misconduct in our operations or those of our suppliers. Reports can be made confidentially and anonymously, where permitted by local laws and regulations.