All suppliers are required to comply with the Fortune Brands Supplier Code of Conduct [PDF 52KB]. For supply chain partnerships in developing countries, Fortune Brands provides support to help our business units evaluate a new opportunity or existing partnership.
Through our operating companies, we take a targeted approach at assessing supplier audits, including using sophisticated risk identification methods. We utilize a model which scores suppliers on key attributes, such as type of product, use of third party certifications, location and project spend. From this assessment, the Company applies the appropriate level of audit.
Suppliers who show areas for improvement are tracked for corrective action. Suppliers who fall below our standards and do not have the capacity or desire to make necessary adjustments are removed from consideration. Fortune Brands supplements our efforts with tailored training, both internally and externally, on compliance matters, updates and best practices.
We take great pride in ensuring our suppliers meet our expectations. Our risk-ranking methods and supporting audit process allow us to focus our time and resources on partnerships that adhere to the same strict standards we set for ourselves.