Ethical Sourcing Policy

Our Commitment to an Ethical Sourcing Policy

1. Introduction 

We are committed to the highest standards of ethical conduct and integrity in our business activities. This policy outlines our commitment to ensuring that our sourcing practices are conducted ethically and responsibly, respecting the rights and dignity of individuals and the environment.

2. Policy Statement

We recognize our responsibility to ensure suppliers and partners adhere to the highest ethical standards. This includes labour practices, environmental impact, and business integrity in sourcing our products and services.

3. Principles

The following principles guide our Ethical Sourcing Policy:

• Compliance with Laws and Regulations: All sourcing activities must fully comply with the laws and regulations of their respective countries.
• Labour Rights: Suppliers must uphold fair labour practices, including voluntary labour, fair wages, safe working conditions, reasonable working hours, and no child labour.
• Health and Safety: Ensuring a safe and healthy working environment for all workers involved in our supply chain.
• Environmental Stewardship: Promoting ecological responsibility and encouraging sustainable resources and practices.
• Ethical Business Practices: Maintaining integrity in business conduct, including transparency, honesty, and fairness.

4. Supplier Selection and Evaluation

• Suppliers will be evaluated on their ability to meet our ethical sourcing criteria based on their documented policies and independently verified on-site audit reports.
• We will engage with suppliers to address any areas of non-compliance.

5. Responsibility and Implementation

• All Stressball Planet employees and contractors are responsible for upholding and supporting the implementation of this policy.
• Our procurement team will lead in integrating this policy into our sourcing and procurement processes.

6. Training and Awareness

• Annual training for current employees and relevant stakeholders will be conducted so that they are aware of this policy and their responsibilities.
• Employees are obligated to report anomalies in pricing or unusual actions from our suppliers, which may indicate potential unethical production problems.

7. Reporting and Transparency

• We are committed to transparency in our sourcing practices and will provide regular reports on our progress and challenges.
• Employees, suppliers, and other stakeholders are encouraged to report any concerns or violations of this policy.
• Annual audit reports conducted on-site will occur unannounced to verify ethically sound manufacturers.