Suppliers Relations

California Transparency in Supply Chains Act of 2010

AQUTRUST Companies is the largest beauty distribution that provides one-stop shopping for prestige, rare ingredients and luxury products and services in the United States. AQUATRUST is committed to the highest standards of business conduct in its operations. At the core of AQUATRUST's corporate policy is that all of its employees, directors, suppliers and service providers conduct all relationships in accordance with the highest ethical standards and compliance with all applicable laws and regulations.

AQUATRUST has implemented a Code of Business Conduct, wherein the Company has made known its position that no employee will be permitted to unlawfully harass or discriminate against another employee, customer or vendor in any way. AQUATRUST expects the vendors it works with also abide by these same principles, and expects that its vendors will pass these principles along to their extended vendors engaged in the production of goods that are ultimately purchased by AQUATRUST.

Verification and Certification


AQUATRUST requires all vendors who wish to conduct business with AQUATRUST to sign a binding Vendor Purchasing Agreement that denotes acceptance of all terms and conditions within such agreement. Under the Vendor Purchasing Agreement, vendors must comply with all applicable U.S. and foreign laws, rules and regulations. Similarly, all AQUARUST manufacturers must execute a Manufacturing/Formulation Agreement that requires compliance with all U.S. and foreign laws, rules and regulations. This includes any and all laws and regulations, domestic and foreign that pertains to human trafficking and forced labor. AQUATRUST also requires all private label vendors to certify that they are in compliance with the laws regarding slavery and human trafficking in the countries in which they do business.

Audits

AQUATRUST reserves the right under its Manufacturing/Formulation Agreement to audit the facilities of its vendors that are used in the manufacturing, receiving, sampling, analyzing, storing, handling, packaging and shipping of products ordered by AQUATRUST. A purpose of these Audits would be to assure good manufacturing practices and compliance with applicable laws and regulations at these facilities.

Internal Accountability

Vendors are held accountable for non-compliance with AQUATRUST's Manufacturing/Formulation Agreement and Vendor Purchasing Agreement. Vendors subject to the Manufacturing/Formulation Agreement are required to provide AQUATRUST a written response to any audit observations AQUATRUST's auditors issue to the vendors, and are to immediately implement any corrective actions or enhancements to their manufacturing, packaging and labeling operations and processes, as requested by AQUATRUST.

If AQUATRUST discovers that a vendor is not in compliance with the expected ethical standards, which include the elimination of human trafficking and forced labor within its supply chain, AQUATRUST will provide such supplier with the opportunity to remedy any potential non-compliance through the implementation of a corrective action plan. If the supplier fails to remedy the non-compliance, AQUATRUST reserves the right to eliminate such vendor from its global supply chain.

AQUATRUST employees are held accountable for non-compliance with AQUATRUST's Code of Business Conduct. In accordance with the Code, any employee who is aware of a violation or suspected violation of the Code will refer the violation to the Senior Vice President of Human Resources or the Ethics Hotline. Violations of the Code are addressed promptly by AQUATRUST, subject to compliance with applicable laws or regulations, and may subject persons to corrective and/or disciplinary action, including termination of employment.

Training

AQUATRUST launched an employee training program. Included in the program is a training module on Ethics, which includes social responsibility topics.




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