A holistic approch
To sustainability.
SUPPLIER DUE DILIGENCE
Raw material procurement and due diligence
The availability of quality raw material is crucial for our business. Recognising the significance of high-quality raw materials to our operations, we have established a network of over 500 direct raw material suppliers. We actively promote local sourcing to enhance the local economy, streamline logistics, and minimise transportation-related environmental effects. Moreover, the majority of our packing materials are sourced from within a 10-kilometer radius of our manufacturing facilities, allowing us to prioritise proximity and reduce our carbon footprint. Through these efforts, we invest in local growth, fostering sustainable practices while maintaining the quality standards essential to our business.
We perform audits to maintain high operational standards as part of our due diligence. Regular supplier audits are conducted to assess their performance. Our comprehensive audit system includes on-site factory visits to evaluate suppliers. During FY 2022-23, we conducted supplier audits for 16 suppliers. A collaborative testing was also conducted with 17 vendors to enhance quality.
Building a sustainable supply chain
We place great importance on ensuring ethical practices throughout our supply chain. To achieve this, we proactively educate and inform all our supply chain partners about our Supplier Code of Conduct.
This code emphasises the principles of fairness, transparency, respect for human rights, adherence to environmental legislation and standards, and compliance with health and safety requirements.
We strive to foster a culture of responsible conduct, promoting ethical interactions and upholding our commitment to social and environmental responsibility across our supply chain.
The proactive engagement with our supply chain partners is central to our sustainable supply chain strategy.
We conducted virtual training and awareness sessions on Environmental, Social, and Governance (ESG) principles.
These sessions showcased KNPL’s journey and communicated our expectations from our value-chain partners in their pursuit of WWW excellence. By fostering such collaboration and knowledge sharing, we aim to build a sustainable supply chain that aligns with our values and contributes to a more responsible and ethical business ecosystem.
