Ethical Treatment of Suppliers
Our suppliers are valued partners in the success of
our business. Our relationships with them must be
characterized by honesty and fairness. Suppliers are
selected on a competitive basis based on total value,
which includes quality, service, technology and price.
Terms and conditions defining our relationship with
suppliers are communicated early in the supplier
selection process and agreements to such terms
and conditions, or any acceptable modifications, are
reached before work begins. Included in these
standard terms and conditions are P&G’s policies
regarding payment terms, confidentiality, the use of
intellectual property, and labor practice expectations.
We are guided by the following:
• We tell the truth. We do not intentionally mislead
others.
• We do not take advantage of honest supplier
errors.
• We treat proprietary supplier information in a
confidential manner.
• We do not reveal a supplier’s pricing, technology,
or other information without prior written
permission.
• We resolve issues, claims and disputes on a
factual and fair basis.
Gifts, Entertainment and Gratuities
We conduct our business on the basis of the superior
value of goods and services we buy and sell. Our
policy on gifts, entertainment and gratuities is
designed to preserve and maintain P&G’s reputation
as a global enterprise that acts with integrity and
bases decisions only on legitimate business
considerations. Receiving gifts, entertainment or
other gratuities from people with whom we do
business is generally not acceptable, because doing
so could imply an obligation on the part of the
Company and potentially pose a conflict of interest