Insula's Supplier Code of Conduct is based on the UN Global Compact's ten principles on human rights, labour, environment and anti-corruption, the International Labor Organization (ILO) and the OECD guidelines and describes the expectations and specific requirements that all our suppliers shall comply with. Furthermore, Insula expects all its suppliers, product suppliers as well as service providers and Business partners, to ensure that all subcontractors fulfil the demands of this code and acts responsibly.
In case of an incompliance to Insula’s Supplier Code of Conduct, the supplier is obliged to inform Insula of the incompliances and in cooperation with Insula, agree on an action plan to address and improve the gaps to arrive at an acceptable level of compliance to this Supplier Code of Conduct. Negative consequences of actions shall be remediated. In case of any doubts, we urge our suppliers to contact us and discuss ambiguities. In the event of serious breaches of Insula's Supplier Code of Conduct, Insula reserves the right to terminate the contract immediately without incurring any financial liability.
Suppliers to Insula are encouraged to engage and address issues that will improve Insula’s development and conduct.