Supplier Sourcing

A material impact area for our communities

Our Goal

Conduct comprehensive screening on ESG factors and maintain a Supplier Code of Conduct for material supplier contracts and renewals.

As a global organization with thousands of business relationships, we recognize that our sustainability impact includes not just the work we do directly but also the work that is done on our behalf. That’s why we seek to enter into relationships with suppliers who share our values, including ethical dealings, environmental stewardship, and human rights and labor practices that support dignity and inclusion.

We believe that all companies that provide products and services to BBH should align their guidelines, policies, and practices with ours, which are in turn aligned with those of our clients and employees.

BBH maintains a global supplier management process and conducts comprehensive due diligence on each supplier with which we engage. BBH requires all suppliers who meet a materiality threshold to commit to signing our Supplier Code of Conduct. We see our Supplier Code as more than a formality---its intent is to be a springboard for education and engagement with our suppliers.

It is a priority for us to raise awareness, and drive engagement so that together, we can have a more meaningful impact.

UN Sustainable Development Goal Alignment

Ensure sustainable consumption and production patterns

Core Program Components

  • We maintain a comprehensive global vendor management process that governs the firm’s vendor risk management controls and sets forth requirements for managing external supplier relationships.

  • All BBH supplier engagements, whether with new or existing suppliers, require the review and pre-approval of the Vendor Management Steering Committee.

  • In January 2020, we launched our Supplier Code of Conduct which holds suppliers accountable for ESG risk and sustainable business practices.

  • Our vendor technology assessment program ensures the confidentiality, integrity, and availability of BBH and client data when using a supplier.

  • We screen our largest suppliers to not only assess the strength of their oversight and controls but to validate that their values align with our own Sustainable BBH program. 
  • 245

    suppliers assessed by the Vendor Technology Assessment (3-year Rolling View)

  • 16

    new supplier signatures to BBH Supplier Code of Conduct (or equivalent)

Based on 2023 data

2023 Stewardship Report

BBH’s Sustainability efforts are built on a foundation of transparency and accountability and are made stronger by the input and counsel of all our stakeholders. In the pages that follow, we invite you to take a comprehensive and holistic look at the progress we made in 2023 and learn how BBH is tapping into its unique market position, skills, and capabilities to create a more sustainable society in collaboration with our clients, our people, and our communities.

Brown Brothers Harriman & Co. (“BBH”) may be used to reference the company as a whole and/or its various subsidiaries generally. This material and anyproducts or services may be issued or provided in multiple jurisdictions by duly authorized and regulated subsidiaries. This material is for general information and referencepurposes only and does not constitute legal, tax or investment advice and is not intended as an offer to sell, or a solicitation to buy securities, services or investment products. Any reference to tax matters is not intended to be used, and may not be used, for purposes of avoiding penalties under the U.S. Internal Revenue Code, or other applicable taxregimes, or for promotion, marketing or recommendation to third parties. All information has been obtained from sources believed to be reliable, but accuracy is not guaranteed,and reliance should not be placed on the information presented. This material may not be reproduced, copied or transmitted, or any of the content disclosed to third parties,without the permission of BBH. Pursuant to information regarding the provision of applicable services or products by BBH, please note the following: Brown Brothers HarrimanFund Administration Services (Ireland) Limited and Brown Brothers Harriman Trustee Services (Ireland) Limited are regulated by the Central Bank of Ireland, Brown BrothersHarriman Investor Services Limited is authorised and regulated by the Financial Conduct Authority, Brown Brothers Harriman (Luxembourg) S.C.A is regulated by the Commissionde Surveillance du Secteur Financier. All trademarks and service marks included are the property of BBH or their respective owners. © Brown Brothers Harriman & Co. 2021. All rights reserved. FIRM-00486-2024-01-10

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1BBH sponsors UCITS Funds registered in Luxembourg, in certain jurisdictions. For information on those funds, please see bbhluxembourgfunds.com



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