ESRS G1
Business Conduct
We consider adequate business conduct to be imperative and have established high ethical standards that we are committed to upholding. Supplier management is a fundamental aspect of our success, as we do not produce ourselves, and our Human Rights and Environmental Risk Due Diligence (HREDD) system supports us in fulfilling our legal obligations.
Key metrics and actions
adidas maintains several standard processes, systems, and practices to ensure that business is conducted in line with internal policies as well as external legal requirements.
Compliance management system (Fair Play)
It establishes the organizational framework for company-wide awareness of our internal
rules and guidelines and for the legally
compliant conduct of our business.
Prevention and detection of corruption and bribery
In line with our Fair Play Code of Conduct and our Compliance Policy, adidas strictly
prohibits all acts of corruption and bribery,
regardless of the identity or position of the
parties involved: adidas does not and will not
engage in bribery or corruption or any activity
that could be perceived as such.
Management of relationships with suppliers
Our HREDD framework guides internal risk assessment and risk management processes
in accordance with the United Nations Guiding
Principles on Business and Human Rights and
the OECD Guidelines for Multinational
Enterprises. With various supplier
assessment tools as well as our supplier
selection practices, we believe we are well
equipped to ensure we select the right
partner for the success of our business and
to manage adverse impacts on human rights
and on the environment.
Payment practices
60 days
standard payment terms
94%1
on-time payment
1 Out of our 54% suppliers that are in line with the 60 days of standard payment terms.
0
legal proceedings currently outstanding for late payments