MHI Vestas Offshore Wind has a risk-based approach to spotting and addressing violations of our Supplier Code of Conduct. This entails a segmentation of the supplier base according to their perceived risk of having violations of our Supplier Code of Conduct.
Allocating resources to the group of suppliers that pose the highest risk to MHI Vestas and society enables us to mitigate risk and create societal value.
If breaches are identified, we will collaborate with the supplier to agree on an action plan of appropriate improvement measures. We require our suppliers to engage actively and without unreasonable reservation.
We are aware that improving ethical, social and environmental performance often requires time and resources. However, if a supplier materially fails to comply with the Supplier Code of Conduct, it will be considered a material breach of the supplier’s contractual obligations.