Grace is committed to sustainable and responsible procurement. Grace routinely audits its supplier base on an ongoing basis. Grace uses a management of change system to control and validate all raw material changes, critical supplier qualification procedure for high risk raw materials, and a prequalification procedure for suppliers, contractors, and vendors. Our audit and qualification protocols include an evaluation of sustainability issues as they pertain to environment, human rights, health, safety, and security.
Grace requires suppliers to adhere to our supplier code of conduct which contains specific social and environmental aspects. Currently 56 percent of our supplier base where Grace spends in excess of one million US Dollars per year has signed Grace's Supplier Code of Conduct and adopted practices that are consistent with the policy.
Grace continually monitors and evaluates our suppliers' performance. Suppliers identified as critical to our operations undergo routine audits.
Grace has performed reasonable country of origin inquiries ("RCOI") for manufactured equipment containing electrical components from appropriate suppliers and contract manufacturers. Due diligence procedures conform to the OECD Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk areas.