For the manufacturing of our products, we collaborate with hundreds of local suppliers, for both raw and packaging material, as well as for services or goods procured for our facilities.
A large and complex network of suppliers provides us with our ingredients, packaging and services. Although we do not own or control our suppliers, we have a responsibility to ensure that the way they work reflects our standards.
The nature of our business means that we source as much as we can locally. For example, approximately 90 percent of raw materials we use originates from local producers.
In order to use raw materials more efficiently we work closely with suppliers to minimise the impact of production and processes, for example by using lighter weight packaging.
- €42.8m annual spend to local suppliers and producers
- 750 suppliers from Cyprus
- 100% of our main suppliers have signed the Supplier Guiding Principles
As an ethical business organisation, we take responsibility to ensure that our business operations do not contribute directly or indirectly to human rights abuses. We use our influence internally to ensure that our employees fully understand the company’s commitment to human rights and their own rights and responsibilities. Those who do business with us know we are committed to managing our business with a consistent set of values that represent the highest standards of quality, integrity and excellence. We seek to develop relationships with suppliers that share similar values and conduct business in an ethical manner. We strive to treat our suppliers in the same manner we expect to be treated.
As part of ongoing effort to develop and strengthen our relationships with suppliers, we have adopted the Supplier Guiding Principles for use with our direct suppliers. These Principles are based on the belief that good corporate citizenship is essential to our long-term business success and must be reflected in our relationships and actions in the marketplace, the workplace, the environment and the community. We are pleased to work with suppliers to ensure an understanding of and compliance with the requirements set forth in our Supplier Guiding Principles.