FENDI is deeply committed to fostering an ethical and responsible supply chain. We firmly believe that pursuing social responsibility is a journey of constant progression and refinement, especially when involving third parties.
While upholding rigorous standards and continuous efforts, we acknowledge that isolated breaches of ethical and legal standards may occasionally occur within our Tier 1 suppliers and Tier 2 sub-suppliers. To address this, FENDI actively selects and regularly monitors its business partners, minimizing the risk of non-compliance with applicable regulations and the ethical principles outlined in our Suppliers Code of Conduct. Transparency and integrity are the pillars of our collaboration and monitoring strategy.
Faithful to its ethical approach, FENDI is strongly committed to carefully monitoring its suppliers to identify potential risks along the supply chain and to addressing eventual breaches of ethical and legal standards through appropriate remedial measures, including the termination of contractual relationships.
Organizational Model Pursuant To Legislative Decree 231/2001
In line with its commitment to ethical conduct and legal compliance, FENDI has adopted an Organizational, Management and Control Model pursuant to Italian Legislative Decree 231/2001. This comprehensive model defines the procedures and internal controls aimed at preventing and detecting ethical and regulatory violations, with particular reference to phenomena such as illegal labour intermediation ("caporalato") under Article 603-bis of the Italian Criminal Code. This framework reinforces our dedication to legality and responsible business practices across all operations, including our supply chain.
Click here to read more about the Organizational Model Pursuant To Legislative Decree 231/2001
Suppliers Code Of Conduct
At FENDI, the goal is to be surrounded by suppliers that share its ethical and moral values.
Before entering into any collaboration, FENDI holds its suppliers to the highest standards by requesting their endorsement of its Suppliers Code of Conduct and the Health, Safety, Environment Policy. These documents collectively outline the company’s principles and values, which ought to be respected by all its suppliers.
Click here to read more about the Suppliers Code of Conduct
Audit
Along with its Suppliers Code of Conduct, FENDI has also developed a regular monitoring program (audit plan) that reinforces its commitment to upholding exemplary social and environmental standards across the supply chain. Relying on the support of trusted third-party auditors, FENDI conducts rigorous on-field unannounced audits that serve as a proactive measure to help reduce the risks that its suppliers deviate from FENDI’s stringent policies and practices.
The audit plan enables us to foster stronger collaborations with suppliers that demonstrate a strong commitment to sustainable development. At the same time, it empowers FENDI to identify areas for improvement and address any significant issue that may arise.
Click here to read more about FENDI’s auditing program.
