Supply chain and governance – materials

Ensuring the integrity and sustainability of our materials is of vital importance to us. Mirvac relies on a host of different suppliers to provide an equally broad range of materials and services.

With such a large and complex supply chain, careful management is essential, and we have worked hard to develop a strong procurement process, and a Vendor Code of Conduct, to which all suppliers need to adhere.

This year, we finished migrating all our vendor data across to Ariba so it’s now our single source of truth.

We are now also using Ariba to manage our corporate and facility management contracts too. There are three parts to this: tendering, contract management and relationships management. We are able to compare vendors side-by-side, and even anticipate when contracts are due to expire so we’re in a good position to renegotiate

Sustainability now part of the process 

We are continuing on our journey to embed sustainability into the procurement process having integrated sustainability criteria into our online tendering module. This means that the suppliers we work with will be required to answer questions on key topics such as corporate social responsibility, health safety and environment, governance and community and engagement.  We recognise not all of our procurement spend currently goes through this system and are committed to rolling out a risk based approach for the remaining suppliers.

Construction risk assessment 
Last year, construction suppliers accounted for almost half of our supply chain (by spend). As well as using lifecycle assessments to identify environmental hot spots, we also used international data on corruption and modern slavery to identify high risk countries. The outcomes of this assessment will be fed back into our procurement process to ensure we are taking a proactive stance in identifying and managing supply chain risk.

We also now have a supply chain section on our website, with free resources available (such as the supply chain survey) and a direct link to the Supply Chain School, of which we were proudly a founding partner.

"“Knowing what’s in our materials, where and how they are produced is vital. We are paying more attention to how we use our substantial purchasing power ethically and sustainably.” "

Sarah Clarke, Group General Manager Sustainability & Reputation

4,544

Total number of suppliers

$1.6bn

Total spend on suppliers

<$4.3m

Amount spent in foreign currency

0‌

Number of suppliers flagged as problematic