Responsible sourcing

Why it is important

Ramsay recognises the importance of improving social and environmental outcomes in our global supply chain.

Our management approach

Ramsay’s regional businesses are responsible for procurement. Our direct supply chain consists primarily of medical consumables and associated capital equipment, pharmaceuticals, labour, food, linen services, energy and utilities.

Ramsay is committed to ensuring our purchasing decisions have a positive impact on people, the planet and the communities in which we operate. In FY22, we procured goods and services from a large and complex global  supply chain of over 15,000 suppliers in more than 30 countries.

Ramsay applies its Global Responsible Sourcing Policy which sets out the minimum expectations of our suppliers in key areas of legal compliance, human and labour rights, business ethics and environmental impact.

As part of our Responsible Sourcing Program, in FY23 more than 40 per cent of our suppliers (by share of spend) were assessed by an independent third-party, EcoVadis, for their performance against 21 Corporate Social Responsibility (CSR) criteria, including modern slavery.

Ramsay is committed to enforcing the minimum standards expected of suppliers and working with them to implement appropriate business processes or corrective action plans to ensure their compliance.

For more information about our supply chain, please see our Supplier page.

Impact boundary and stakeholders

1. Employees
2. Suppliers and partners

Alignment

• GRI disclosures: 2.6 Activities, value chain and other business relationships
• SASB topic areas: Product design and lifecycle management
• SDG: 8, 12, 13, 17