SL GREEN REALTY CORP. 2019 SUSTAINABILITY REPORT
SUPPLY CHAIN SL Green’s operations are supported by an extensive supply chain that sources materials and services for our business and tenants. Integral to our bidding and contracting processes, we strategically evaluate our suppliers to ensure they are held accountable for upholding our standards for environmental performance. Our facility managers work closely with tenants, vendors, and contractors to achieve our supply chain goals of sourcing LEED-compliant, recycled, responsibly-sourced, and nontoxic materials. We are focused on the health and safety of all building occupants – this means minimizing any potential exposure to hazardous chemical, biological, and particulate contaminants that could adversely impact indoor air quality and environmental conditions. Our procurement policy is guided by external stan- dards, including FSC (Forest Stewardship Council), ENERGY STAR, and Green Seal, and our vendors are expected to actively reduce their environmental impact. 45% of SL Green’s suppliers are engaged on climate-related issues and our corporate sustainability goals.
VENDOR CODE OF CONDUCT
Beyond environmental impact, we prioritize social responsi- bility to identify risks throughout our supply chain, including working conditions, child or forced labor, and fair wages. We expect our vendors and contractors to maintain and enforce high standards on human rights and labor practices surrounding health, safety, and business ethics. TOP 5 SPEND Procurement of Materials and Services
We are committed to selecting and working with suppliers that maintain transparency and comply with all applicable federal, state, and municipal standards and regulations regarding environmental and social issues. Our contracts require vendors to meet and exceed regulatory compliance, and we enforce our standards through ongoing engagement and monitoring. In instances of noncompliance, SL Green works with vendors to formulate corrective action plans and vendors are reevalu- ated for continued use in the portfolio. We reserve the right to terminate or suspend any agreements and relationships with vendors that are unable to comply with our expectations for environmental and social performance, or that demonstrate disregard for our corporate policies.
Our goal is to have 50% of the materials that are supplied by our vendors covered by external certification to ensure responsible sourcing practices.
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