The Bank has improved its procurement policies and regulations to serve as guidelines for sustainable supply chain management. Such guidelines cover both the supplier recruitment and selection processes, with emphasis placed on suppliers’ qualifications and the quality of their products and services, based on the assessment of their ESG-related responsibilities and controls.
The Bank attaches importance to and supports its suppliers to conduct businesses, with transparency in line with the relevant laws, rules and regulations. With this in mind, the Bank has developed the Supplier Code of Conduct, which covers business ethics, human and labor rights, occupational health, safety and work environment, promotion and support of KBank’s suppliers. All suppliers are required to acknowledge and accept the Supplier Code of Conduct prior to being KBank’s suppliers. Once they are KBank’s suppliers, they must strictly comply with the Supplier Code of Conduct.
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Supplier Code of Conduct