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California Transparency in Supply Chains Act

 

The purpose of the California Transparency in Supply Chains Act of 2010 is to address the global issue of human trafficking and slavery.  Genus Industries LLC (“iCoir Products Group”) is opposed to human trafficking and slave labor, wherever it may exist, and is taking the following steps to ensure that these conditions are not present in iCoir’s supply chain:

Supplier Assessments and Verification

iCoir sourcing managers regularly interview suppliers about legal and other contractual compliance matters.  iCoir will make periodic visits to key suppliers’ facilities to make on-site, first-hand inspections.

Supplier Audits

iCoir reserves the right to audit its direct suppliers.  These audits will be conducted by iCoir’s internal audit and/or supply chain teams, which are trained in assessing risks in iCoir’s supply chain.

Supplier Certifications

iCoir’s Code of Ethics and Business Conduct prohibits the use of slave labor and human trafficking, directly or indirectly, in iCoir’s supply chain.  iCoir’s standard Purchase Order Terms and Conditions will include a representation and warranty that the supplier has procedures in place to assure iCoir that the supplier has taken appropriate action to prevent slave labor and human trafficking in the manufacture and supply of goods or services to iCoir.  Any supplier that fails to certify its compliance with these principles may suffer a loss of business with iCoir or may have existing agreements with iCoir terminated.

Accountability

iCoir’s Code of Ethics and Business Conduct includes, among other things, certification that iCoir’s employees will comply with all applicable laws and regulations.  Supporting human trafficking and slavery would constitute a violation of iCoir’s Code of Ethics and Business Conduct, and such a violation could result in disciplinary action.

Training

iCoir is committed to training employees and management who have direct responsibility for supply chain management and procurement.  The goal of such training is to assure that iCoir suppliers comply with all applicable laws and regulations and adhere to iCoir’s policy of opposing human trafficking and slavery throughout the company’s supply chain.

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