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 or slavery/forced labor. It is Coty's belief that, given the nature of the materials sourced through its supply chains, human trafficking and slavery/forced 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, 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, it presently requires its contractors, subcontractors and suppliers to conduct themselves in all aspects of their businesses in accordance with the Coty Inc. Principles for Business Partners requiring compliance with all legal requirements applicable to the conduct of their businesses. The Principles include specific prohibition against the use of forced labor and child labor and require Coty Business Partners to acknowledge and agree to such Principles as a condition of doing business with Coty.
Although Coty does not presently conduct audits of its suppliers to evaluate, specifically, suppliers' compliance with company standards for human trafficking and slavery/forced labor, it requires suppliers to agree to and acknowledge the Coty Inc. Principles for Business Partners. In addition, Coty conducts audits of suppliers' locations in certain area of the world in connection with general compliance both with the Coty Inc. Principles for Business Partners and with applicable laws, rules and regulations in effect in those areas.
As noted above, Coty requires its direct suppliers to acknowledge and agree to the Coty Inc. Principles for Business Partners which prohibit forced labor/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. Such standards and procedures include, without specific reference, all applicable law, rules and regulations in each such country regarding forced labor/slavery and 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/forced labor or on mitigating the risks of human trafficking and slavery/forced labor within its supply chains, it will undertake to provide such training to the appropriate employees and management as warranted.
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.