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Global Collaboration: Strengthening International Paper's Supplier Network

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International Paper's 2023 Sustainability Report highlights the company's commitment to a robust and diverse supplier network. With over 30,000 suppliers, IP emphasizes ethical conduct and sustainability, incorporating its Third Party Code of Conduct into contractual agreements. In 2023, 87% of IP's spend was covered by this code or similar standards. The company's Supplier Diversity program focuses on developing and promoting diverse businesses, aiming to improve the lives of 100 million people in their operational areas. IP classifies diverse suppliers based on ownership categories including minority-owned, woman-owned, and veteran-owned enterprises. This approach not only meets stakeholder needs but also fosters innovation and supports equitable community development.

Il Rapporto sulla Sostenibilità 2023 di International Paper evidenzia l'impegno dell'azienda verso una rete di fornitori solida e diversificata. Con oltre 30.000 fornitori, IP sottolinea la condotta etica e la sostenibilità, integrando il Codice di Condotta di Terze Parti nei contratti. Nel 2023, l'87% della spesa di IP era coperta da questo codice o standard simili. Il programma di Diversità dei Fornitori dell'azienda si concentra sullo sviluppo e la promozione di attività diversificate, con l'obiettivo di migliorare la vita di 100 milioni di persone nelle aree in cui opera. IP classifica i fornitori diversificati in base a categorie di proprietà, includendo imprese di proprietà di minoranze, donne e veterani. Questo approccio non solo soddisfa le esigenze degli stakeholder, ma promuove anche l'innovazione e sostiene uno sviluppo equo delle comunità.

El Informe de Sostenibilidad 2023 de International Paper destaca el compromiso de la empresa con una red de proveedores sólida y diversa. Con más de 30,000 proveedores, IP enfatiza la conducta ética y la sostenibilidad, incorporando su Código de Conducta de Terceros en los acuerdos contractuales. En 2023, el 87% del gasto de IP estaba cubierto por este código o estándares similares. El programa de Diversidad de Proveedores de la empresa se centra en desarrollar y promover negocios diversos, con el objetivo de mejorar la vida de 100 millones de personas en sus áreas de operación. IP clasifica a los proveedores diversos según categorías de propiedad, incluyendo empresas de propiedad de minorías, mujeres y veteranos. Este enfoque no solo satisface las necesidades de los interesados, sino que también fomenta la innovación y apoya el desarrollo equitativo de la comunidad.

International Paper의 2023 지속 가능성 보고서는 회사의 강력하고 다양한 공급업체 네트워크에 대한 헌신을 강조합니다. 30,000개 이상의 공급업체와 함께 IP는 윤리적 행동과 지속 가능성의 중요성을 강조하며, 제3자 행동 강령을 계약에 통합합니다. 2023년에는 IP의 지출 중 87%가 이 강령 또는 유사한 기준으로 커버되었습니다. 회사의 공급업체 다양성 프로그램은 다양한 비즈니스를 개발하고 홍보하는 데 중점을 두며, 운영 지역 내 1억 명의 삶을 개선하는 것을 목표로 하고 있습니다. IP는 소유권 카테고리에 따라 다양한 공급업체를 분류하며, 여기에는 소수자 소유, 여성 소유 및 베테랑 소유 기업이 포함됩니다. 이러한 접근 방식은 이해관계자의 필요를 충족할 뿐만 아니라 혁신을 촉진하고 공정한 지역 사회 개발을 지원합니다.

Le Rapport de Durabilité 2023 d'International Paper met en avant l'engagement de l'entreprise envers un réseau de fournisseurs solide et diversifié. Avec plus de 30 000 fournisseurs, IP souligne l'importance de la conduite éthique et de la durabilité, en intégrant son Code de Conduite des Tiers dans les accords contractuels. En 2023, 87 % des dépenses d'IP étaient couvertes par ce code ou des normes similaires. Le programme de Diversité des Fournisseurs de l'entreprise se concentre sur le développement et la promotion d'entreprises diverses, visant à améliorer la vie de 100 millions de personnes dans ses zones d'opération. IP classe les fournisseurs divers selon des catégories de propriété, y compris les entreprises appartenant à des minorités, des femmes et des vétérans. Cette approche répond non seulement aux besoins des parties prenantes, mais favorise également l'innovation et soutient le développement communautaire équitable.

Der Nachhaltigkeitsbericht 2023 von International Paper hebt das Engagement des Unternehmens für ein robustes und vielfältiges Lieferantennetzwerk hervor. Mit über 30.000 Lieferanten betont IP ethisches Verhalten und Nachhaltigkeit, indem es den Verhaltenskodex für Dritte in Vertragsvereinbarungen integriert. Im Jahr 2023 war 87% der Ausgaben von IP durch diesen Kodex oder ähnliche Standards abgedeckt. Das Diversitätsprogramm für Lieferanten des Unternehmens konzentriert sich auf die Entwicklung und Förderung vielfältiger Unternehmen und zielt darauf ab, das Leben von 100 Millionen Menschen in ihren Betriebsgebieten zu verbessern. IP klassifiziert diverse Lieferanten nach Eigentumskategorien, einschließlich Unternehmensformen von Minderheiten, Frauen und Veteranen. Dieser Ansatz erfüllt nicht nur die Bedürfnisse der Stakeholder, sondern fördert auch Innovation und unterstützt eine gerechte Gemeindentwicklung.

Positive
  • 87% of spend in 2023 covered by Third Party Code of Conduct or similar standards
  • Supplier Diversity program aims to improve lives of 100 million people
  • Diverse supplier base fosters innovation and meets evolving stakeholder needs
Negative
  • None.

NORTHAMPTON, MA / ACCESSWIRE / July 31, 2024 / Originally published in International Paper's 2023 Sustainability Report

Our global network is made up of more than 30,000 suppliers. Our suppliers' contribution is pivotal to our business success and the implementation of our Vision 2030 goals. We actively seek to work with suppliers who share our core values and commitment to ethical conduct. At International Paper, we hold our suppliers to high standards. We anticipate that the products and services they provide will be competitive, sustainable and meet our stakeholders' expectations. To this end, we have built our Third Party Code of Conduct into contractual agreements. This document sets out our expectations regarding workplace standards and business practices of our suppliers, along with their affiliates and others who are within their supply chain. 87% of our spend in 2023 was covered by the ThirdParty Code of Conduct or a supplier's own substantially similar code. We also screen potential suppliers for a wide variety of risks, including corruption risks.

Building a diverse network of suppliers

A diverse supplier base is an integral part of our supply chain, not only for what we procure but also in how we collaborate to bring innovative ideas to the table. Having a broad and diverse supplier base helps us meet our stakeholders' evolving needs. It also enables us to champion equitable and resilient communities as we work to reach our target of improving the lives of 100 million people in the places where we do business.

Our Supplier Diversity program strives to develop, cultivate and promote diverse businesses while providing the highest quality materials and services at a competitive total cost. The program has three strands: identifying new diverse suppliers, building their capacity and serving diverse communities. To be eligible to be classified as a diverse supplier, suppliers must possess a valid certificate demonstrating that they are at least 51% owned, operated, managed and controlled by an individual or individuals in at least one of the following categories:

  • Minority-owned business enterprise

  • Woman-owned business enterprise

  • Disability-owned business enterprise

  • Small business enterprise

  • Veteran-owned business enterprise

  • Hub-zone business enterprise

  • Lesbian, gay, bisexual and/or transgendered owned business enterprise

We nurture mutually beneficial relationships with these diverse suppliers at industry gatherings and other events. Once onboarded with IP, diverse suppliers can also register to join a database that is shared with other companies and customers, allowing them to access further opportunities for growth.

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About International Paper

International Paper (NYSE:IP) is a global producer of sustainable packaging, pulp and other fiber-based products, and one of the world's largest recyclers. Headquartered in Memphis, Tenn., we employ approximately 39,000 colleagues globally who are committed to creating what's next. We serve customers worldwide, with manufacturing operations in North America, Latin America, North Africa and Europe. Net sales for 2023 were $18.9 billion. Additional information can be found by visiting internationalpaper.com/.

About International Paper - EMEA

In Europe, Middle East & Africa (EMEA), International Paper focuses on the production and marketing of fiber-based packaging and specialty pulp, employing approximately 4,400 people. As a leading supplier of high-quality corrugated containers for a multitude of applications, we serve customers throughout the region from our network of two recycled containerboard mills and 23 box plants in France, Italy, Morocco, Portugal and Spain. Specialty pulp is made in Gdansk, Poland. Other products available from International Paper in the region include a variety of Kraft linerboard and other pulp products.


View additional multimedia and more ESG storytelling from International Paper Company on 3blmedia.com.

Contact Info:
Spokesperson: International Paper Company
Website: https://www.3blmedia.com/profiles/international-paper-company
Email: info@3blmedia.com

SOURCE: International Paper Company



View the original press release on accesswire.com

FAQ

How many suppliers are in International Paper's global network?

International Paper's global network consists of more than 30,000 suppliers.

What percentage of International Paper's spend was covered by the Third Party Code of Conduct in 2023?

87% of International Paper's spend in 2023 was covered by the Third Party Code of Conduct or a supplier's own substantially similar code.

What are the main categories for diverse suppliers in International Paper's Supplier Diversity program?

The main categories include minority-owned, woman-owned, disability-owned, small business, veteran-owned, Hub-zone, and LGBTQ+ owned business enterprises.

What is the goal of International Paper's Supplier Diversity program regarding community impact?

The program aims to improve the lives of 100 million people in the places where International Paper does business.

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