Effective Date: January 1, 2025
Last Updated: January 1, 2025

1. Introduction
1.1 Net Onboard Sdn Bhd is committed to maintaining ethical, sustainable, and responsible supply chain and procurement practices to ensure fair business dealings, environmental sustainability, and regulatory compliance.
1.2 This Responsible Supply Chain & Procurement Policy outlines:
– Standards for selecting, managing, and evaluating suppliers and vendors.
– Commitments to ethical sourcing, fair labor practices, and environmental sustainability.
– Compliance with anti-bribery, corruption, and fair competition laws.
1.3 This policy applies to:
– All vendors, suppliers, service providers, and contractors engaged with Net Onboard.
– All internal teams involved in procurement, vendor management, and supply chain operations.
1.4 This policy aligns with:
– Malaysia’s Anti-Corruption Act 2009 (MACC Act)
– Competition Act 2010 (Fair Trade & Anti-Monopoly Regulations)
– ISO 20400 Sustainable Procurement Guidelines
– United Nations Sustainable Development Goals (SDGs) on Responsible Consumption & Production

2. Supplier & Vendor Selection Standards
2.1 Vendor Qualification Criteria:
Net Onboard evaluates suppliers and vendors based on:
– Ethical Business Practices: Commitment to anti-corruption and fair competition.
– Sustainability Standards: Compliance with environmental and social responsibility goals.
– Financial & Operational Stability: Ability to deliver quality products/services consistently.
– Regulatory Compliance: Adherence to Malaysia’s business and trade laws.
2.2 Due Diligence & Risk Assessment:
– Vendors undergo compliance checks, financial audits, and reputation reviews before engagement.
– Net Onboard reserves the right to reject vendors that do not meet ethical or quality standards.

3. Ethical Sourcing & Fair Labor Practices
3.1 Fair Wages & Safe Working Conditions:
– Suppliers must comply with Malaysia’s Employment Act 1955.
– Vendors must provide fair wages, humane working conditions, and safe workplaces.
3.2 No Forced Labor, Child Labor, or Discrimination:
– Child labor, forced labor, or unethical employment practices are strictly prohibited.
– Vendors must promote diversity, equity, and inclusion (DEI) in hiring and employment practices.
3.3 Respect for Workers’ Rights & Freedom of