FinTech Magazine October 2019 | Page 125

opportunities to people who otherwise have limited prospects for formal employment or reinvesting a substantial part of their profits into social initiatives or charity .” Zurich ’ s goal is to embed this practice in the way it does business with its supply base and its supplier ’ s suppliers . “ We have a commitment to ensure fair business opportunities and , in our experience , this is what these companies are asking us for . They don ’ t want special treatment , just the chance to prove their value , quality and ability to compete on equal terms with profit-oriented companies ,” adds Paiva . “ Our vision is for our procurement practices to drive positive societal , environmental and ethical outcomes , while playing a key role as an enabler of Zurich ’ s objectives . It will do this by making sustainability one of the key criteria in our sourcing decision making process .”
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