Supplier Code of Conduct
OVERVIEW
At Open Water, we value partnerships built on integrity, sustainability, and respect for human rights. All suppliers of goods, ingredients, services, or other deliverables—including vendors, contractors, consultants, and service providers—are expected to comply with the standards outlined in this Code.
From the date this Code is shared with suppliers or their representatives, they will have thirty (30) days to request clarification. After that period, your continued supply of goods or services to Open Water will be considered acceptance of the Code. If supplires object to any part of the Code, we may terminate or decline to enter into an agreement with supplier upon written notice. Supplier is responsible for reviewing the most current version of the Code, which will remain publicly posted on Open Water’s website. Supplier's continued partnership after any updates are posted will be considered acceptance of the revised terms, which are automatically incorporated into any existing agreements.
1. Legal Compliance
Suppliers must:
• Operate in full compliance with all applicable laws, regulations, and standards.
• Adhere to anti-corruption laws and refrain from bribery, corruption, or unethical practices.
2. Labor Practices and Human Rights
Suppliers must:
• Employ only individuals of legal working age, ensuring no child labor.
• Ensure all labor is voluntary, prohibiting forced, bonded, or compulsory labor.
• Provide safe, healthy, and fair working conditions for all workers.
• Maintain a workplace free from discrimination, harassment, or abuse.
• Pay fair and timely wages, at least meeting legal and industry standards.
• Provide a mechanism for employees to report concerns without fear of retaliation.
3. Environmental Responsibility
Suppliers must:
• Minimize their environmental impact and promote sustainable practices.
• Comply with all applicable environmental laws and regulations.
4. Health and Safety
Suppliers must:
• Provide a safe and healthy work environment for all employees.
• Maintain effective emergency preparedness and response procedures.
5. Ethical Business Practices
Suppliers must:
• Conduct business with integrity, honesty, and transparency.
• Respect intellectual property rights and safeguard confidentiality.
• Engage in fair business practices and avoid anti-competitive behavior.
6. Continuous Improvement and Monitoring
Suppliers agree to:
• Regularly assess their practices to ensure alignment with this Code of Conduct.
• Allow Open Water to conduct audits to verify compliance as needed.
• Promptly address and correct any identified violations.
