Supply chain management

We approach supply chain management and transparency through our procurement approach which covers supplier selection, contracting and onboarding, as well as our ongoing engagement with our suppliers and their staff. This is integrated with our risk management framework, our approach to supplier due diligence and the way we conduct our operations day to day.

Supplier Code of Conduct

As part of our approach to supplier selection and contracting, we expect our suppliers to commit to our Supplier Code of Conduct. For suppliers in high-risk areas such as cleaning and security, we conduct due diligence on their approach to employee conditions and modern slavery risk.

Our Supplier Code of Conduct is part of our commitment to high standards of ethical conduct and promoting and supporting a culture of ethical behaviour and good corporate governance. Through it, we seek to encourage and, where appropriate, mandate requirements to help us and our suppliers conduct business in a safe, accountable and equitable manner.

It sets out Scentre Group’s expectations as to how our suppliers will address:

• diversity and inclusion

• workplace health and safety

• the environment

• labour and employment practices, including the risk of modern slavery in a
  supplier’s operations and supply chain

• risk management

• supply chain management.

Our suppliers are required to observe this code in delivering products or services to us.

Supplier due diligence

As part of our supplier selection process, we conduct due diligence on our suppliers.

Suppliers are subject to a tender process during which we evaluate financial capacity, quality of past performance and reputational issues. We confirm key risks are addressed through contracts including work, health and safety, modern slavery, and cyber and privacy risks.

Once a supplier is selected, we closely monitor performance against contract requirements and proactively address issues as they arise. Higher risk suppliers are required to complete additional risk assessments or pre-qualification checks which may include financial, life safety,
modern slavery and privacy and cyber assessments.

Suppliers are also required to have adequate insurance coverage in place. Audit rights are embedded in several of our high-risk or high-spend supplier relationships, so we can understand the detail of our suppliers’ activities if necessary.

We also complete an annual screening of all our suppliers to confirm sanctions compliance.

Australian supplier payment code

We are a signatory to the Australian Supplier Payment Code, committing to paying eligible Australian small business suppliers within 30 days of receipt of a correct invoice or receipt of a correct product/service from the supplier (whichever is later).

Scentre Group meets its obligations by reporting SME supplier payment performance under the Payment Times Reporting Scheme.

Find out more

2023 Responsible Business Report – our annual Responsible Business performance report about our material responsible business topics including achievements, targets, progress, future priorities and case studies.

2023 Responsible Business Data Pack – comprehensive responsible business data sets supporting our responsible business approach, progress against targets and GRI references.