Towards a sustainable economy

Responsible purchasing

Responsible purchasing

As a leading contributor to the economy, we have a role to play in selecting suppliers and setting the terms of our relationships.

CNP Assurances: deploying a commitment

CNP Assurances’ CSR principles are also put into practice by the purchasing department, with all buyers aware of these issues and most of them trained in CSR compliance. The Group’s Ethical Purchasing Charter and the Code of Ethics govern buying practices.

A signatory to the Global Compact, CNP Assurances always strives to promote its commitment to respecting Human Rights in its dealings with its subcontractors and suppliers. After contractualisation, EcoVadis is currently performing a CRS assessment of the main suppliers.

Nearly all of CNP Assurances's suppliers of goods and intellectual or other services are based in France. The use of subcontractors is mostly limited to intellectual services as well as printing, mailing, enveloping, archiving, bulk data entry, call centre and maintenance services.

Caixa Seguros Holding: CSR clauses in all contracts

Since 2008, Caixa Seguros has included CSR clauses in its supplier contracts based on the Global Compact principles (labour, the fight against organised crime and drug trafficking, the environment, fraud and money laundering).

Contracts signed before 2008 have been amended to include these provisions. Suppliers and subcontractors working for the Caixa Seguros Holding Group pledge to comply with regulations and fulfil their environmental responsibility.

Non-compliance is grounds for termination of the contract or other appropriate legal responses.

A platform for supplier ESG audits

CNP Assurances has signed a partnership agreement with EcoVadis to pool supplier environmental, social and ethical performance tracking processes. This online service allows Purchasing Departments to holistically monitor the environmental, social and ethical performance of their suppliers. The information is compiled on a collaborative platform that includes 150 business sectors and 95 countries.

Following the audit, suppliers receive detailed feedback on their CSR practices including a rating in four categories (environment, social, ethics, responsible purchasing) and a list of their strengths and areas for improvement.

Supplier audits are requested for each new tender or new certification, while a parallel rating campaign has been launched for the main suppliers. A total of 45 % of 98 suppliers were assessed in 2015.