Responsible Sourcing Policy

SBS Philippines Corporation and Subsidiaries

Responsible Sourcing Policy

Our Commitment to Responsible Business in Partnership with Suppliers

INTRODUCTION

At SBS, we are committed to operating our business responsibly, and understand the importance of operating with honesty, integrity and the highest ethical standards. This commitment is built into our strategy of growing our business in a way that respects human rights and positively impact the environment and communities.

SBS’ Responsible Sourcing Policy lays out the principles we uphold, and our expectations and requirements, to ensure we only work with suppliers and/or business partners who share the same commitment.

FOUNDING PRINCIPLES

The Responsible Sourcing Policy is grounded on the FOUNDING PRINCIPLES, to meet our responsibilities in the areas of human rights, labor, environment and anti-corruption. These principles are based on internationally recognized standards of the International Labour Organisation’s Declaration on Fundamental Principles and Rights at Work, the Guidelines for Multinational Enterprises of the Organisation for Economic Cooperation and Development, the Universal Declaration on Human Rights, the International Covenant on Civil and Political Rights, the International Covenant on Economic Social and Cultural Rights, the Ten Principles of the UN Global Compact and the UN Guiding Principles on Business and Human Rights.