A supply chain which shares our ethics and principles
One of Raytheon UK’s top priorities is to ensure that our whole supply chain is part of our social values and sustainability journey. We are building a diverse supply chain which lives up to our ethical principles and follows the highest cyber security standards.
We work with our supply chain to drive ESG standards and select suppliers based on key criteria areas, such as:
- Environmental sustainability policies and certifications
- Social Value recognition
- Diversity, equality and inclusion
- Human rights and modern slavery prevention
- Locations within ‘levelling up’ priority locations in the UK
We are introducing a Supplier Equality Charter. This will ensure that all the key partners in our supply chain are disability confident and champions of mental health at work.
We are strong believers in leading by example in our ESG work – which is why we have committed to becoming a government-accredited Disability Confident Leader business by 2025. To achieve this, we are proud to be the first UK defence company to partner with the non-profit Business Disability Forum.
With support from the Business Disability Forum we are building a modern disability smart organisation across our policies, processes and facilities.
Supporting UK SMEs
Small and Medium Enterprises (SMEs) are the backbone of UK industry, accounting for around 60% of private sector employment. In 2021, Raytheon UK placed over 600 contracts with SME’s across the UK, supporting UK manufacturing and local, skilled jobs.
To help insulate and support our supply chain from the worst economic effects of Covid, we introduced a prompt payment policy with advanced payments for all SMEs in our supply chain. In total, we delivered over £100m of accelerated payments during the pandemic to support UK businesses.
Highest ethical standards
Raytheon UK is committed to investing in the training of our workforce in this important area. By 2025, every employee at Raytheon UK will have received ethics procedure training. This will ensure we have a knowledgeable and informed workforce that demonstrates commitment to always working at the highest ethical standards.