Social Performance
Suppliers
To build up transparent and reliable relationships with its customers, CTEEP has a program focused on the development and management by continuous communication process with over 348 suppliers integrating its register. Out of this number, the Company kept an active relationship with 167 material suppliers and 88 service suppliers in 2010.
Partnership with suppliers is maintained with meetings to present the results, demands and supplying strategies. In 2010, it was strengthened by the performance of the first evaluation for the CTEEP Supplier Award, created to acknowledge the best partners through an evaluation process based on quality, innovation and social responsibility criteria. The results disclosure and the awarding will take place in 2011.
CTEEP has a policy for goods and services that addresses the relationship with its suppliers, but it has no specific procedure about hiring locally-based suppliers who are hired according to specific demand from each regional facility and account for approximately 3% of the Company´s global purchases. [GRI EC6]
The agreements signed by the Company have clauses referring to human rights protection and the managers of the respective agreements follow up the compliance with such contractual conditions. In 2010, suppliers have not undergone any formal screening regarding human rights. [GRI HR1, HR2]
