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Compliance Framework

Supplier Code of Conduct

"We are committed to building a responsible supply chain. This framework outlines the ethical, environmental, and social standards required of all LuxAum partners."

1. Ethical & Social Responsibility

Suppliers must uphold the highest standards of human rights and labor practices. We require total commitment to fair treatment and safety for all workers in our supply chain.

Prohibit Child Labour

Ensure no child labour is involved in any stage of the production process.

Fair Wages

Guarantee all employees are paid at least a living wage based on local cost of living.

Safe Conditions

Provide safe and acceptable working environments in line with international standards.

Work Hours

Maintain transparent records of working hours to ensure compliance with legal limits.

Non-Bonded Labour

Guarantee that all labour is voluntary, with no use of forced practices.

Supplier Relationships

Foster fair relationships, including prompt payments, to encourage innovation.

2. Environmental Responsibility

Suppliers must align with our Circular Economy Strategy, minimizing impact through efficiency and innovation.

Sustainable Packaging

  • • Minimise packaging waste
  • • Use biodegradable materials
  • • Enhance recycling infrastructure

Resource Efficiency

  • • Minimise energy usage
  • • Reduce water consumption
  • • Cut pollution & emissions

Logistics

  • • Consolidate shipments
  • • Reduce delivery frequency
  • • Optimize transport routes

3. Sustainable Procurement

Whole Life Costs

Prioritise long-term value over initial price, considering environmental and social impacts.

Buy Smarter

Balance product quality with sustainability to achieve optimal outcomes.

Innovation

Invest in solutions that improve sustainability and operational efficiency.

4. Monitoring & Reporting

Audits

Demonstrate compliance through regular audits and certifications (SA8000, ISO 14001).

Metrics

Track carbon emissions, recycling rates, and energy consumption.

Transparency

Provide clear reports on supply chain sourcing and labor conditions.

5. Partnerships & Collaboration

"Poddar Group will work with suppliers to share best practices, develop innovative waste reduction solutions, and align objectives with government sustainability goals."

Our Mutual Commitment

By adhering to this framework, LuxAum Investments ensures that suppliers support its mission.