CHAPTER 3 We advance in sustainable performance

100

3.5.3. Supplier relations Our specific supplier procurement requirements are standardised in the 'General Terms and Conditions' and in our 'Supplier Code of Ethics and Conduct'. Third parties must accept them before working for Cepsa during both the registration process and the various award phases.

We structure supplier relations management in four main phases to make sure the company has a 360º vision of our supply chain.

REGISTRATION AND APPROVAL

RISK SEGMENTATION AND CONTROL

PERFORMANCE EVALUATION AUDITS

Associated risk level

Supplier segmentation

Assessment of quality execution and ESG of active suppliers

Cumpliance wih international ESG standards

ESG questionnaire

Continuous risk assessment

ESGESG

SUPPLIERS CONTRACTED BY GEOGRAPHIC AREA (2021)

AMOUNTS CONTRACTED BY GEOGRAPHIC AREA (2021)

10%

0.005%0% 8%

46% 79%

37%

11%

7%

2%

America America

Europe EuropeAfrica Africa

Spain SpainAsia and Oceania Asia and Oceania