As of January 1, 2012, the California Transparency in Supply
Chains Act of 2010 (the “Act”) requires certain manufacturers and retailers to provide
consumers with information regarding their efforts to address the issues of forced
labor, human trafficking, and slavery within their direct supply chain(s).
Caraco recognizes the importance of eliminating forced labor, human trafficking,
and slavery issues.
It does not condone slavery or human trafficking of any kind.
Caraco would never knowingly conduct business with a supplier who engages in forced
labor, human trafficking, or slavery.
The quality of our product can only be measured by the quality of the individuals
and companies working with and for Caraco. The quality that we demand at Caraco
extends to the quality we expect from our suppliers. We expect our suppliers to
obey applicable laws that require them to treat workers fairly, prohibit discrimination
and harassment, and provide a safe and healthy working environment.
Caraco schedules and conducts audits of suppliers in areas such as quality, environment,
health and safety. While the audits do not specifically cover compliance with company
standards regarding slavery and human trafficking at the present time, we believe
our audit process allows us to understand how our suppliers operate.
Additionally, our employees are required to adhere to Caraco’s Code of Business
Conduct and Ethics (the “Code”). The Code was designed to promote honest and ethical
conduct, compliance with governmental laws, and accountability. The Code requires
employees to report violations of the Code, as well as any other Caraco policy.
While Caraco does not provide specific training on human trafficking and slavery,
the Code is a part of new employee orientation.
The Code informs Caraco employees that it seeks to outperform our competition fairly
and honestly, and that Caraco seeks competitive advantages through superior performance,
never through unethical or illegal business practices.
Caraco employees have a duty to report violations of the Code or any other Caraco
policy. A violation of the Code may result in discipline, including termination.
If Caraco employees have any
questions about adherence to the Code or any Caraco
they should contact their supervisor or a member of management.