A focus on safety, skills and transparency guides the choice of our supply chain partners. We work together with respect for the environment to achieve the highest standards of sustainability.
CDP Group recognises the high social and environmental value of its relationship with its suppliers, selecting them in compliance with applicable legislation and in order to guarantee compliance with the principles outlined in our Code of Ethics.
The Supplier Portal
The first Supplier Portal was launched in 2018. Common to the entire CDP Group universe, it is a single access point where our partners can register and find out about our purchasing procedures, relative to the organisational, operational and procurement needs of Group companies.
Find out about our Supplier Portal
As part of its purchasing procedures, CDP favours small and medium-sized Italian companies, typical of our economic fabric, setting requirements that do not exclude these businesses. In 2018, the Group concentrated 95% of its expenditure for the supply of goods and services on local suppliers, namely those who are tax resident Italy. The main purchases relate to general expenses and real estate, ICT services, consulting services (legal, accounting, fiscal, financial, technical operations), advertising and promotional expenses.
Our partners are selected following an in-depth assessment and in compliance with the principles of cost, effectiveness, fairness, free competition, non-discrimination, transparency, proportionality and publicity. All suppliers must possess the appropriate technical and commercial requisites: in order to be selected, each partner must demonstrate that they meet specific legal, economic-financial, technical and organisational requirements of competence and reliability, by uploading appropriate documentation into the supplier portal.
The contractual relationship with suppliers, established through tender or award procedures, follows the procurement law (with specific reference to those companies subject to the Procurement Code pursuant to Italian Legislative Decree No. 50/2016), the Group's Code of Ethics, the Organisation Model, Management and Control Model (pursuant to Italian Legislative Decree 231/01) and internal regulations regarding purchasing and third-party relationships.
For the purpose of assessing the social and environmental responsibility of suppliers, specific clauses are included in contracts, aimed at ensuring full compliance with employment, protection of minors, contributions, assistance and welfare regulations. Full compliance with regulations on accident prevention at work, hygiene and safety is also required, as well as all obligations relating to accident insurance at work, retirement planning, disability, old age, work related illness and any other provisions for the protection of workers that are in force or may apply during the course of the contract. In addition, checks required by anti-mafia legislation are also carried out for suppliers that have contracts above a determined value threshold.
Furthermore, the Group does not make purchases in countries where the right to freedom of association and collective bargaining is not guaranteed: our main foreign suppliers operate in other European countries and in North America, where the main International Labour Organisation (ILO) Conventions have been ratified and where the risk of human rights violation is reduced.
The selection and approval activities of financial organisations are controlled by a constant monitoring of the supplier’s performance during the execution of the services.
Further details regarding the supply chain are available in the 2018 Consolidated Non-Financial Statement.