Our shared
commitment

GRI 416, 419: 103-1, 103-2; 102-9

Management of the supply chain plays an important role at Fibra Danhos as it allows us to respond to the cost, service and quality needs of our properties and provides tools for doing so in a sustainable way.

In compliance with legal norms and parameters, we select suppliers based on free competition criteria, transparent processes, and the highest quality standards. These requirements allow us to continue to provide services of excellence to our tenants and visitors.

In addition, Fibra Danhos has implemented a Sustainable Procurement Policy approved by Senior Management. Its goal is to apply legal, social and environmental guidelines to the procurement of goods and services. This is done through purchase orders and service contracts which adhere to our Sustainability Policy and Code of Ethics.

The policy is public and is applied to all Fibra Danhos employees in order to ensure its application to all processes of supplier selection and contracting. In addition, a work committee is appointed to ensure application of the policy and its dissemination among all employees.

We firmly believe our suppliers are a pillar of our strategy to create value. Therefore, we adhere to social and environmental norms and apply sustainability practices to the chain of supply in accordance to the following guidelines:

	Regulatory compliance	Suppliers are responsible for guaranteeing compliance with applicable laws and regulations. We comply with laws and regulations applying to working day hours, freedom of assembly, non-discrimination, child labor, forced or compulsory labor, and human rights.
	Supplier assessment	We have implemented practices for transparent procurement which require supplier compliance with applicable laws and regulations. These initiatives are available to new suppliers whose evaluation of social and environmental performance is considered part of their commitment to sustainability.
	Other procurement guidelines	We promote equal opportunity among suppliers by fostering good relations and a two-way dialog. We permanently monitor market trends in order to keep up to date regarding sustainability matters.

We work on the basis of strategic lines that attest to the good results of the work we do with certified and authorized suppliers who are chosen in accordance to their commitment to the environment.

We have a portfolio of committed suppliers who offer an infrastructure in line with our internal evaluation criteria which include adequate work gear, suitable working hours, and access to facilities with an adequate uniform and proper identification. Moreover, our criteria ensure that suppliers provide their employees with the social security benefits required by law. This has resulted in a solid supplier base product of an impartial and transparent selection process. In addition, the process complies with the accounting requirements of Fibra Danhos, preventing money laundering, corruption and fraud.

Concerning supplier contracts, we safeguard the integrity of all processes by exercising the termination of labor relations in case of breach of contract. Not providing social security for employees, as well as child employment and other such labor infractions may be cause for contract termination.

Throughout the year we worked and bolstered our practices in order to align the Group with a standard format for procurement processes and contribute to its institutionalization in the short term.