Governance
High standards of integrity
Since its foundation, Vitro has maintained a solid ethical commitment, aligning its actions and business philosophy with high standards of integrity and transparency.
To fulfill this commitment, we have established robust Corporate Governance practices, backed by strict policies, solid internal controls and an unwavering focus on business ethics.
Our dedication to Governance and Compliance is reflected in our rigorous adherence to principles, laws, and regulations in all regions where we operate.
We seek to establish solid foundations that drive sustainable development and meet the needs of all our stakeholders, prioritizing integrity and accountability in all our operations.
Code of Ethics and Conduct
We promote a work environment based on ethical values and best business practices.
Our Code of Ethics and Conduct establishes the fundamental principles that guide our actions and decisions, addressing key aspects such as integrity, respect, transparency, fairness and responsibility in all our business activities.
In addition, we have implemented a confidential and secure grievance channel, accessible to all employees and stakeholders, to report any concerns related to misconduct, ethical breaches or violations of the code.
Annually, all employees are required to complete a course to reinforce their knowledge and understanding of the code.
High Integrity Standards
Recognizing the critical importance of our supply chain to our operations and customer satisfaction, in 2023 we embarked on a process to improve the management of our suppliers.
This effort involves a comprehensive assessment and attention to risk indicators in their operations, from mitigating risks associated with Human Rights and labor practices (such as freedom of association, child labor, forced labor and safety conditions), to environmental and governance performance indicators.
To date, we have developed an action plan to establish clear policies and procedures, as well as sustainability criteria for the selection and evaluation of suppliers as part of the procurement process.
Through this transparent management, consistent with the expectations of our customers and the maturity level of our suppliers, our ultimate goal is to minimize ESG risks and maximize opportunities to generate shared value and contribute to sustainable development.
We are committed to working collaboratively with our suppliers to continuously improve our practices and processes, promoting higher standards of human and labor rights compliance, ethical practices, and care for the planet in our supply chain. In doing so, we reaffirm our commitment to sustainability and the creation of shared value in all our operations and business relationships.
