GRI Compliance / Economic

Procurement Practices 2016

For Management Response click here.

For Reporting Boundaries and Methodologies click here.

REFEstadoDisclosureOur Response

GRI 204-01

Full Disclosure

Proportion of spending on local suppliers

  1. Percentage of the procurement budget used for significant locations of operation that is spent on suppliers local to that operation (such as percentage of products and services purchased locally).
  2. The organization’s geographical definition of ‘local’.
  3. The definition used for ‘significant locations of operation’.

Our Sectors / businesses have sustainable procurement practices and standards that they apply when engaging with the Supply Chain. As an international organisation, Babcock defines ‘local’ as UK-based suppliers and they account for 71% of our spend.

We support a stable local economy, and maintain good community relations by actively engaging with SMEs: 29% of our suppliers are SMEs and c3,000 are based in the UK.

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