Governance

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Governance

At Corning, our more than 165-year legacy of excellence in global manufacturing and innovative technology development is guided by a commitment to conducting business ethically and in compliance with all laws and regulations. Governance of our supply chain is integral to this philosophy, as we hold our supply chain partners to the same standards by which we judge ourselves.

All our suppliers are required to abide by our Supplier Code of Conduct and Corning’s Human Rights Policy to ensure that our global business network is conducted in a consistently legal and ethical manner. These standards form the foundation of a comprehensive process that includes compliance with all corporate policies and procedures, and an abiding belief in the integrity of our business network.

Ongoing oversight of supplier performance (see Accountability) provides Corning senior management with real-time data regarding supplier compliance and areas of needed improvement.  

We continually seek input from internal and external stakeholders to further enhance our supply chain oversight and reporting processes and are committed to continuous improvement and transparency throughout our global network of supplier partners. Corning actively participates in key international organizations such as Supply Chain 50, Procurement Leaders, The Conference Board, Gartner, and National Association of Manufacturers.

Jeanne Estep
Director, Global Compliance and Sustainability, Global Supply Management

Corporate Governance and Board Oversight

To review our Corporate Governance Policies, Codes of Conduct and Ethics, Board of Directors, and Board Committee Charters, visit Corporate Governance.

Corning Supply Chain Overview

In 2018, Corning’s supply chain was comprised of suppliers from 75 countries, with 88% of our suppliers in 10 countries.  By region, NAFTA represents the largest share of our supply base with 42% of suppliers.

Of the total supply base, 17% of the suppliers and 13% of the spend is in high risk countries (as identified by Amfori BSCI 6 factors scores lower than 60 https://www.amfori.org/resource/countries-risk-classification).  Excluding low risk categories (e.g. energy, professional services, import/export services), suppliers in high-risk countries represent 1.7% of Corning’s suppliers and 3% of spend.  More specifically, Corning’s risk exposure in these high-risk countries by category is as follows.

 

Category % Corning Suppliers % Corning Spend
Industrial Materials 0.2%

0.7%

Contract Manufacturing 0.5%

2.2%

Metals 0.2%

<0.1%

Components 0.4%

0.2%

Parts 0.2%

<0.1%

Resins 0.2%

0.3%

 

Grievance

Employees of Corning, suppliers and other relevant external stakeholders can reach Corning through our Grievance Hotline. We take information from workers at Corning, external stakeholders and throughout our supply chain very seriously. Our Grievance Hotline provides safe and easy channel for them to get in touch with us. Information we receive this way may result in additional site visits, audits, or other engagement with a supply chain partner at any time. All reports are reviewed by Corning’s Chief Compliance Officer to determine if the investigation of such a report is warranted. Corning’s Chief Compliance Officer shall periodically provide reports to the Audit Committee of the Board of Directors and to the company’s external auditor concerning any Reports received by the company and actions taken by the company in response to such reports.

Whistleblower Policy

Corning is committed to high standards of business conduct within its own operations and throughout its supply chain. In line with this commitment, employees, suppliers and other external stakeholders have the right – and the duty – to raise, in good faith, concerns about improper business conduct without fear of retaliation in any form. See Whistleblower Policy.

Supply Chain Social Responsibility Training

All members of Corning’s Global Supply Chain Management team, from senior leadership to supply chain personnel, are required to participate in human trafficking and modern slavery training. This program is designed to provide our leadership with the knowledge and skills to promote human rights compliance throughout our supply chain network. In addition, Corning’s Global Supply Management and Supply Chain entire organizations are educated on supply chain social responsibility issues such as human trafficking, modern slavery, transparency, child labor and human rights to build awareness and ensure that Corning’s supply chains reflect our values and respect for human rights.

Policies & Statements

Policies & Statements

Supplier Code of Conduct

Our supplier code of conduct sets the standard for how Corning and its supplier partners around the world work together to develop and deliver products and services responsibly.

Conflict Minerals Policy

We strive to ensure that our supply chain fulfills our commitment to respect human rights through responsible sourcing practices. 

Human Trafficking and Slavery

Corning is committed to policies and procedures that promote human rights compliance in our operations and in our supply chain. 

Human Rights Policy

At Corning, we pledge to uphold the highest standards for fundamental human rights and view them as a key component of a socially responsible supply chain.

 

Data Privacy Policy

Protecting the privacy of personal and business data within our supplier network is a key priority at Corning.

Information Security Policy

The purpose of this policy is to minimize the risk of Corning confidential information being lost or stolen through interactions with suppliers, contractors, and consultants.

Grievance Hotline

Suppliers, and other relevant stakeholders, can submit any questions or report any violation or grievance to Corning's confidential and anonymous Code of Conduct Line 24 hours per day, seven days per week.

(Country Code) +1-888-296-8173 or online at www.ethicspoint.com