OUR ROLE IN Sustainability and Social Responsibility
Your Organization Can Make a Difference and ISM Can Help
Corporate Social Responsibility
Advancing Global Standards for the Supply Management Profession
ISM has a proud history of establishing and advancing global standards for the supply management industry. In fact, we were the pioneers working with our members to establish The Principles and Standards of Ethical Supply Management Conduct and The Principles of Sustainability and Social Responsibility. As consumers, governments and organizations focus more attention on issues around sustainability and social responsibility, ISM’s leadership in this area will grow in importance as a global standard for our profession to ensure that doing good is also good for business. As your representative association, we invite organizations, like yours, to get involved through our programs and education to help advance your organization and the profession at large to contribute to a more prosperous and sustainable world.
ISM Principles of Sustainability and Social Responsibility
Do not tolerate corruption in any form.
Diversity & Inclusion
Promote diversity and inclusion throughout the organization and the supply chain.
Support environmental precaution, promote environmental responsibility and encourage environmentally friendly technologies and processes.
Ethics & Business Conduct
Behave ethically always and demand ethical conduct within the organization and throughout the supply chain.
Conduct all financial business dealings and decision-making with integrity.
Act (in person and virtually) for the benefit of all global citizens, locally and elsewhere, fulfilling ethical and moral obligations.
Health & Safety
Protect persons in the supply chain from the risk of injury, danger, failure, error, harm and/or loss of life.
Recognize and acknowledge that human beings have universal and natural rights and status regardless of legal jurisdiction and local factors.
Respect, promote and protect an individual’s labor rights as defined by applicable international conventions.
Supply Chain Sustainability
Support supplier development of more sustainable business practices, products and services and the embedding of sustainability throughout supply chains.
Make available full and complete information necessary for collaboration, cooperation and collective decision-making. Require a corresponding level of transparency from suppliers and throughout the supply chain.
Definitions of Sustainability, Social Responsibility and Related Principles
Sustainability is the ability to meet current needs without hindering the ability to meet the needs of future generations in terms of economic, environmental and social challenges.
Social responsibility is a commitment by a business to act ethically and create benefit for the workforce, the local community and society.
ISM Principles of Sustainability and Social Responsibility:
The ISM Principles of Sustainability and Social Responsibility collectively define the scope of issues that are considered within the context of sustainability and social responsibility in the supply chain. The Principles cover anti-corruption, diversity and inclusion, environment, ethics and business conduct, financial integrity, global citizenship, health and safety, human rights, labor rights, supply chain sustainability, and transparency.