WesCEF - Ethical sourcing
WesCEF sources a diverse range of raw
materials and finished products, such as chemicals, fertilisers and natural
gas. WesCEF is committed to enhancing supply chain integrity to prevent worker
exploitation.
The total number of high-risk suppliers included in WesCEF’s 2024 financial year ethical sourcing program increased to 53 from 25 in the previous year, due to a more rigorous assessment that reflects WesCEF's increased awareness and focus on its supply chain risks. Monitoring activities such as self-assessment questionnaires (SAQs) and physical audits, were completed for 92 per cent of these suppliers, an increase from 84 per cent last year.
WesCEF's ethical sourcing and risk
assessment process identifies high-risk suppliers. These suppliers submit
evidence of a recent social audit or complete the WesCEF SAQs. WesCEF and its ethical sourcing advisor assess supplier responses to
determine if any further action, such as a physical audit, is warranted. The
program facilitates the management of non-conformances through a Remediation
Action Plan.
WesCEF continues to educate its team members on modern slavery risks, with 64 team members trained or retrained during the year.