Our operations are based in North America and the Caribbean, but we have suppliers around the world. We recognize that the integrity of our partners influences the integrity of DPS and CDM. Doing the right thing means ensuring that the companies we work with do too.
We also know that our consumers are paying attention. Not only do they base their purchasing decisions on whether beverages are safe and of the highest quality, but, increasingly, they’re also concerned about whether the ingredients and packaging materials are ethically sourced.
We use a third-party risk assessment tool to evaluate our supply base, segmenting our direct suppliers into low-, medium-, and high-risk categories. This helps define the DPS and CDM road map for ethical sourcing.
Our risk assessment process includes a quantitative evaluation of each supplier’s performance on key third-party indices, including the United Nations Human Development Index, the Heritage Foundation’s Index of Economic Freedom, and the Labour Rights Index of the International Labour Association
In 2011, DPS and CDM spent nearly $145 million with companies either wholly or mostly owned by women and/or minorities, and another $1.4 million with disadvantaged business enterprises. Collectively, these relationships accounted for nearly 4 percent of our direct and indirect supplier expenditures in 2011.
SUPPLIER CODE OF CONDUCT
DPS and CDM conscientiously integrate the standards and commitments set forth in our Supplier Code of Conduct into the way we run our businesses. We expect that any supplier or vendor doing business with us will adhere to this Code to achieve high ethical and environmental standards and social responsibility in its business practices.