CALIFORNIA TRANSPARENCY IN SUPPLY CHAINS ACT
Coex is committed to ensuring that our supply chain reflects our values and respect for human rights. Coex expects its suppliers to obey laws that require them to treat workers fairly and to provide a safe and healthy work environment. Coex’s relationship with suppliers include prohibitions against forced, prison or indentured labor as well as against subjecting workers to any form of compulsion, coercion or human trafficking.
California Transparency in Supply Chains Act Statements
(1) Verification of product supply chains to evaluate and address risks of human trafficking and slavery.
Coex performs geographic evaluations of its supply chain to evaluate the risk of noncompliance with slavery, human trafficking and other human rights and labor issues. This analysis is not conducted by a third party.
(2) Audits of suppliers to evaluate supplier compliance with company standards for trafficking and slavery in supply chains.
Coex audits suppliers to ensure compliance with its standards regarding labor and human rights abuses from our supply chain. The frequency of these audits vary based on our geographical risk evaluations and also on the historical performance of a given supplier in our internal and external audits.
(3) Certification by direct suppliers that materials incorporated into the product comply with the laws regarding slavery and human trafficking of the country or countries in which they are doing business.
Our suppliers will be required to sign a Supplier Code of Conduct agreement which, among other things, requires them to comply with all applicable laws, including but not limited to those laws regarding slavery and human trafficking.
(4) Internal accountability standards and procedures for employees or contractors failing to meet company standards regarding slavery and trafficking.
Coex maintains internal accountability standards applicable to both employees and contractors who may fail to meet company standards.
Coex requires annual certification from our employees that they understand and will adhere to our Code of Conduct. We do not conduct specific training at this time on our Code of Conduct Policy.