At Corning, we believe that maintaining supply chain visibility is integral to preserving the integrity of our commitment to Supply Chain Social Responsibility. We leverage a suite of technology platforms that enable us to closely monitor our supply chain operations, capturing data and sharing supply chain information faster, more efficiently, and more accurately than ever before. Having 24/7 visibility of our supply chain allows us to quickly identify and proactively manage issues to ensure social responsibility throughout our global network.
Elementum Orchestration Platform™
One technology Corning utilizes for end to-end supply chain visibility is the Elementum Orchestration Platform™. Elementum is a revolutionary technology that give us the ability to connect across our entire supply chain ecosystem by collecting real-time intelligence on relevant supplier activity and events – right down to the local level.
Through the Elementum platform, supply chain professionals are able to analyze information such as shipping and delivery, material sourcing, and manufacturing across all corners of the world. Elementum monitors over 30 million data sources, from EDIs and ASNs, to news and social media, tracking specific terms such as conflict minerals, worker diversity, child labor, workers safety, emissions, and human rights. This provides us timely insight into the events and geopolitical issues that can influence our overall supply chain performance, including the social responsibility behaviors within our supply chain
We share access to this information across our entire company so that business leaders, including supply chain managers, throughout Corning can use this data to address both the short-term needs and the long-term strategic plans of our supply chain.
Corning’s risk management process begins before companies even join our supply chain. Corning uses riskmethods, a supply risk profile / rating solution, to identify potential risks before we select and add suppliers to our supply chain. Riskmethods is an easy-to-use portal that provides real-time, objective, enterprise-wide risk exposure measurement and reporting across the supply chain.
Corning tracks 90% of supply chain spend, represented by approximately 2,000 suppliers with more than 9,000 locations. We are in process of expanding supplier tracking within riskmethods to include sub-tier suppliers. These sub-tier suppliers are identified in part by our tier 1 supplier relationship owners as critical suppliers of materials and components in our supply chain. Through initiatives such as Corning’s responsible mining initiative, we are working to identify and track sub-tier materials suppliers, such as mines, that will be monitored through our supply chain risk assessment tool, riskmethods. Tracking these suppliers is a critical component to meeting our 2025 sustainable supply chain goal and enables Corning to monitor our sub-tier supplier base.
Our risk managers use riskmethods’ digitalization technologies, including big data monitoring, machine learning, and AI to make proactive assessments of supply chain risk across the globe at a moment’s notice.
The riskmethods tool collects data from a variety of sources through its content partners, like EcoVadis and Rapid Ratings, and through scanning thousands of news sites to provide updated risks assessments for Corning’s supply base. Corning uses riskmethods to monitor risks such as labor practices and human rights violations to be alerted if that type of risk is identified in our supply base, including sub-tier suppliers within the database.
Supply chain social and environmental responsibility risks are monitored and evaluated, across the enterprise-wide supply chain, for the following risk profiles:
- Labor Practices and Human Rights
- Information and IP Security
- Regulatory and Legal
- Corruption and Bribery
During the monitoring process, high-risk situations are flagged and delivered to qualified and designated risk managers in real time. This insight enables us to proactively manage potentially high-risk situations and to quickly create risk-mitigation plans to minimize, and ideally avoid, the exposure.
Policies & Statements
Policies & Statements
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.
We strive to ensure that our supply chain fulfills our commitment to respect human rights through responsible sourcing practices.
Corning is committed to policies and procedures that promote human rights compliance in our operations and in our supply chain.
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.
Protecting the privacy of personal and business data within our supplier network is a key priority at Corning.
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.
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