As part of membership of The Chartered Institute of Purchasing & Supply all members' sign up to a Code of Ethics. The Code is regularly reviewed and the last major review and update was in March 2009.
As a member of the Chartered Institute of Purchasing & Supply, I will:
- maintain the highest standard of integrity in all my business relationships
- reject any business practice which might reasonably be deemed improper
- never use my authority or position for my own personal gain
- enhance the proficiency and stature of the profession by acquiring and applying knowledge in the most appropriate way
- foster the highest standards of professional competence amongst those for whom I am responsible
- optimise the use of resources which I have influence over for the benefit of my organisation comply with both the letter and the intent of:
- the law of countries in which I practise
- agreed contractual obligations
- CIPS guidance on professional practice
- declare any personal interest that might affect, or be seen by others to affect, my impartiality or decision making
- ensure that the information I give in the course of my work is accurate
- respect the confidentiality of information I receive and never use it for personal gain
- strive for genuine, fair and transparent competition
- not accept inducements or gifts, other than items of small value such as business diaries or calendars
- always to declare the offer or acceptance of hospitality and never allow hospitality to influence a business decision
- remain impartial in all business dealing and not be influenced by those with vested interests
This Code was approved by the CIPS Council on 11 March 2009.
Applying the Code
Members of CIPS must abide by the Code and require every person, business or organisation they work with during their professional practice to do so too.
In addition, members are expected to encourage the organisation to adopt an ethical purchasing policy based on the principles of this Code and to raise any matter of concern relating to business ethics at an appropriate level.
Breaching the Code
The Royal Charter sets out a disciplinary procedure in which the Disciplinary Committee may investigate complaints against any Members. If it is found that a Member has breached the Code of Ethics, the Disciplinary Committee is authorised to take appropriate action. Contact CIPS directly for further information or advice on any aspect of the Code of Ethics.
The Chartered Institute of Purchasing & Supply – UK
Easton on the Hill,
Tel: +44 (0)1780 756777
Fax: +44 (0)1780 751610
Office opening hours: 9:00am to 5:00pm, Monday to Friday.
Reception opening hours: 8:30am to 5:30pm, Monday to Friday.