Third Party Risk Management
Our business practices are based on three main pillars: long-term growth, mutual benefit, and sustainable strategic performance. This is within the framework of our firm commitment to establish sustainable partnerships with suppliers and to provide value-added products to all of our customers.
In Al Masaood Group, we believe that the continuous improvement of products, working with responsibility to protect the planet and preserving the environment, and supporting the empowerment of individuals is what enables us to manage our business successfully. This makes us a leading company working to achieve long-term value for the society of the United Arab Emirates and our partners.
Al Masaood works within a network of third parties across its operating companies. As part of our ongoing initiative to monitor those involved in our day-to-day operations, we have adopted our Supplier Code of Conduct. Our standards for conducting our business have been defined ethically and responsibly in our Supplier Code of Conduct, which is an extension of the Al Masaood Code of Conduct. It lists our standards and behaviours and general principles, which need to be adhered to by all suppliers and service providers. We hope all our current and future suppliers adhere to the business mechanism that reflects our values and our ethics, starting with being a national company responsible for carrying out daily business in an environmentally safe and ethically responsible manner.
We strive to provide efficient and ideal platforms through which our partners can express their concerns when they are suspected of violating the rules set forth in this code of conduct.
You can download our Supplier Code of Conduct policy here.
Supplier Code of Conduct Policy