California Transparency in Supply Chains Act of 2010 disclosure
Consistent with Coty Inc.'s longstanding commitment to excellence and corporate responsibility, including its commitment to employees and consumers throughout the world and to the communities and the environment in which Coty and its products are present, Coty confirms the extension of its commitment to ensuring that the supply chains it employs in the sourcing and manufacturing of its products do not include, utilize or tolerate human trafficking, slavery and forced or child labor. It is Coty's belief that, given the nature of the materials sourced through its supply chains, human trafficking, slavery and forced or child labor are not present in the operation of its or its suppliers' supply chains. Nevertheless, in accordance with the California Transparency in Supply Chains Act of 2010 (the “Act”), Coty Inc. states the following:
While Coty does not presently verify its supply chains to evaluate, specifically, the risks of human trafficking and slavery/forced labor within them, either directly or through third parties, it presently requires its contractors, subcontractors and suppliers to conduct themselves in all aspects of their businesses in accordance with the Coty Inc. Code of Conduct for Business Partners requiring compliance with all legal requirements applicable to the conduct of their businesses. The Coty Inc. Code of Conduct for Business Partners includes specific prohibitions against engaging in or benefiting from the use of forced labor or child labor and requires Coty Business Partners to acknowledge and agree to the provisions of the Code as a condition of doing business with Coty. On an on-going basis, Coty requires those Business Partners which are the sources of the majority of Coty’s direct supply chain purchases of tangible goods utilized in or for the production of products sold by Coty in the State of California to separately disclose, as part of their acknowledgement of and agreement to comply with the provisions of the Code, their own efforts to eradicate slavery and human trafficking from their own direct supply chains for tangible goods which they supply to Coty, in accordance with the Act.
Although Coty does not regularly conduct audits of its suppliers to evaluate, specifically, suppliers' compliance with company standards for human trafficking, slavery and forced or child labor, it requires suppliers to acknowledge, and to agree to and comply with, such standards as stated in the Coty Inc. Code of Conduct for Business Partners. On a limited basis, Coty conducts audits of suppliers' facilities in certain areas of the world for compliance with the applicable laws, rules and regulations including with respect to human trafficking, slavery and/or forced or child labor in effect in those areas, and in accordance with both the Coty Inc. Code of Conduct for Business Partners and the corporate social responsibility requirements contained in agreements with certain Coty licensors.
As noted above, Coty requires its direct suppliers to acknowledge and agree to the Coty Inc. Code of Conduct for Business Partners which prohibit engaging in, participating in or benefiting from forced or child labor and/or slavery and, by implication, human trafficking in the country or countries in which they are doing business.
Coty has and maintains internal accountability standards and procedures for both its employees and its Business Partners with respect to the conduct of Coty's and its Business Partners' businesses in accordance with all applicable laws, rules and regulations in those countries in which Coty and they are present or doing business, as stated in both the Coty Code of Business Conduct applicable to all directors, officers and employees of Coty and each of its subsidiaries and joint venture companies throughout the world and the Coty Inc. Code of Conduct for Business Partners. Such standards and procedures include, with specific reference in each of the above-noted documents, all applicable law, rules and regulations in each such country regarding forced or child labor, slavery and/or human trafficking.
While Coty does not currently provide company employees and management who are directly responsible for supply chain support with training focused specifically on either human trafficking and slavery or on mitigating the risks of human trafficking and slavery within the Coty supply chains, it requires such employees and management to certify completion of a mandatory review of the Coty Code of Business Conduct for employees which reiterates that Coty Business Partners are forbidden, and inferentially that Coty itself is forbidden, from employing forced or child labor or engaging directly or indirectly in human trafficking and slavery.
For further information regarding Coty's efforts to eradicate human trafficking and slavery/forced labor from its supply chains, you may contact Coty through our online contact form.