Niaar

Sustainable Procurement Policy

  1. PURPOSE
    The purpose of this Policy is to establish guidelines for supply chain processes, incorporating environmental, social, and governance (ESG) criteria within the procurement process.
  2. SCOPE
    This Policy applies to all employees, managers, contractors, suppliers, and customers of Niaar and its subsidiaries. All individuals and entities involved are responsible for understanding and complying with this Policy at all times.
  3. REFERENCE DOCUMENTS
    • Niaar Compliance Booklet
    • Niaar Code of Conduct
    • Integrated Management Policy
    • Niaar Anti-corruption Policy
    • Niaar Capex Project Procurement
    • Niaar Procurement Procedure
    • Niaar Raw Material Procurement
    • Niaar Services Procurement
    • Niaar Supplier Management
    • Niaar Procurement Standard
  4. DEFINITIONS
    • Management: Officers, directors, shareholders, and committee members.
    • Supply Chain: The sequence of steps in the production process, from raw material extraction to the end product’s delivery.
    • Value Chain: Activities that add or subtract value for a company and its stakeholders, from product/service design to delivery and after-sales support.
    • Code of Conduct: The guide approved by Niaar’s Board of Directors, embodying our business practices and interactions with employees, suppliers, customers, communities, and business partners.
    • Local Communities: Groups living or working in areas economically, socially, or environmentally impacted by an organization’s operations.
    • Traditional Communities: Culturally distinctive groups with unique social organizations who depend on land and natural resources for their cultural, social, and economic activities.
    • Human Rights: Inherent rights of all people, regardless of status, including the elimination of child labor, forced labor, discrimination, and ensuring decent working conditions.
    • Labor Rights: Rights governed by labor laws and regulations, including UAE Labor Law.
    • Employees: Individuals hired and registered according to labor regulations.
    • Suppliers and Contractors: Entities engaged by Niaar, including agents, consultants, distributors, service providers, and others.
    • Significant Suppliers: Suppliers whose products or services are essential for the company’s operations, impacting the economy, environment, and reputation.
    • Small and Medium-sized Suppliers: Suppliers classified as small or medium-sized enterprises by federal or credit agencies.
    • Policy: This “Sustainable Procurement Policy.”
    • Migrant Worker: A person who migrates for employment in another country.
  5. GUIDELINES

At Niaar, we are guided by our commitment to always doing the right thing for all stakeholders. We aim to contribute positively to society and the environment, striving for sustainability across our value chain. We understand performance improvement is a continuous journey and recognize the crucial role of our suppliers in this process.

Through this “Sustainable Procurement Policy”, we aim to make our operations more sustainable by:

  • Complying with the laws and regulations of the countries where we operate.
  • Adhering to the highest standards of economic, social, ethical, and environmental practices.
  • Minimizing social, environmental, and economic risks and impacts within our supply chain.
  • Driving efficiency and productivity while embracing sustainability.
  • Capturing competitive advantage by creating shared value.
  • Communicating this policy and raising awareness among internal and external stakeholders

Our commitments and expectations for suppliers include:

Environmental:

  • Implementing environmental management systems and related frameworks.
  • Minimizing or neutralizing emissions contributing to climate change.
  • Striving for energy efficiency and the use of clean, renewable energy.
  • Promoting responsible water management and the rational use of resources.
  • Supporting a circular economy.
  • Implementing waste management practices and ensuring optimal disposal.
  • Protecting biodiversity and natural ecosystems.

Social:

  • Ensuring decent working conditions and compliance with labor rights.
  • Safeguarding the health and safety of employees and communities.
  • Promoting diversity, equity, and inclusion in the workplace.
  • Respecting and upholding human rights across all interactions.
  • Supporting local and traditional communities and migrant workers.
  • Encouraging supplier independence and fostering relationships with small, local suppliers.
  • Governance and Ethics:
  • Building fair, transparent, and mutually beneficial relationships with suppliers.
  • Acting with ethics and integrity, adhering to compliance principles.
  • Maintaining high ethical standards in all business practices.
  • Identifying and managing risks related to business operations and ethics.
  • Promoting innovative, sustainable solutions.
  • Encouraging and sharing sustainable practices across the supply chain.

Reporting Non-compliance:

If any behaviors or practices violate this Policy or other Niaar rules, employees (internal or outsourced) and suppliers must report the issue. Reports can be made via the company contact or at contact-us.

Our Ethics Line ensures impartiality, confidentiality, and the protection of involved parties. Non-compliance may result in corrective actions as deemed appropriate by Niaar.