Responsibility In Supplier Selection And Relations
As a financial services company, many of our impacts on society are linked not to our own "production" processes, but to our choice of suppliers, from purchasing paper to contracting service providers for insurance claims. A key aspect of this is our commitment to managing risks and improving the sustainability of our supply chain to protect our shareholders value.
In making our choices for our suppliers, we give priority to local suppliers who deliver high levels of service to encourage the Egyptian economy. We also integrate social and environmental criteria in the selection process to ensure their alignment with AXA corporate responsibility standards.
We are committed to treat all potential suppliers fairly and ensure they have an equal opportunity to win contracts.
Suppliers fair payment is also one of our priorities. For this purpose we have our suppliers payment cycle as per our suppliers policy to ensure on time suppliers payment.