Page 114 - SUSTAINABILITY REPORT 2016
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               A partnership of excellence

               for dry-docking


               The increased technological and mechanical complexity of ships has led over time to the setting-up of hubs of excellence providing
               maintenance services tailored to the demands of cruise operators. This, in turn, has stimulated processes of capacity building centered
               around  the  upgrading  of  facilities  and  infrastructure  designed  to  accommodate  ever-larger  mega-ships  and  ensure  continuous
               innovation.
               With this objective in mind, in 2016 Costa Cruises acquired a 33.3% stake in Chantier Naval de Marseille, a shipyard specializing
               in repairs and conversions headquartered in the French city, which is a subsidiary of the Genoese company San Giorgio del Porto, one
               of Italy’s leading yards. This operation will lead to the creation of a global player in ship repairs and conversions, bringing benefi ts to
               the local economy in terms of direct employment and development of allied industries.
               This strategic venture entailing an initial investment worth 10 million euros is a vital step forward towards the optimum management
               of fl eet maintenance in the Mediterranean, and will include provision for handling the next-generation ships scheduled for delivery in
               the next few years.



                                              Trust based on clear and                   equal opportunities. In 2016 the Company               or  “conditional” qualifi cation;  the  latter  force.  The  Code  invites  our  partners  to   1  “Conditional” qualifi cation means that
                                                                                                                                                                1
                                              transparent relationships                  focused on the process of harmonization                means that the candidate does not meet  adopt a correct approach by limiting the       there will be a limitation on the amount
                                                                                                                                                                                                                                       of business that can be assigned to the
                                                                                         and  rationalization  of  vendors  for  each           all of the evaluation criteria in compliance  use of non-renewable resources, reducing,   supplier concerned.  Initial qualifi cation
            265                               Costa Cruises operates so as to establish in  broad commodity category with the goal              with set standards.                         recovering  and  recycling  waste,  and    also depends on the outcome of a
                                                                                                                                                                                                                                       screening procedure and confi rmation that
                                                                                                                                                To  become  an  offi  cial  supplier,  it  is  minimizing  the  environmental  impact
                                              its supply chain strong, lasting partnerships  of consolidating strategic partnerships and
                                                                                                                                                                                                                                       the supplier concerned does not belong to
            AUDITS OF THIRD                   based  on  mutual  trust  and  with  the  further strengthening interaction.                      necessary to sign a contract and pledge to  generated.                                 one of the categories of entities with which
                                                                                                                                                                                                                                       Costa Cruises, being a member of Carnival
            PARTY SUPPLIERS                   shared  aim  of  ensuring  growth,  quality,  For  the  purposes  of  qualifi cation,  Costa       abide by Costa’s Business Partner Code of  Costa  Cruises  has  stated  its  intent  to   Corporation, is not allowed to engage
                                              innovation and sustainability. Relationships  Cruises  uses  objective  evaluation  criteria      Conduct and Ethics, thereby undertaking  comply  with  and  support  laws  and         in any business transactions insofar as
                                              with  suppliers  depend  on  clear  and  to assess technical aspects and the sound                to meet the Company’s expectations for  regulations relevant to slavery and human      it is subject to the laws and regulations
                                                                                                                                                                                                                                       implementing economic sanctions
                                              transparent   management       processes,  economic footing of suppliers, as well as              legal compliance and ethical behavior. In  traffi  cking, as set out in the UK Modern    programs administered by the United
                                              consideration  of  both  parties’  respective  their  ethical,  environmental  and  safety        particular, suppliers must have knowledge  Slavery Act; similarly, Costa expects all of   States Department of the Treasury’s
                                              needs, and a careful process of selection  record.  The  accreditation  process  is               of  and  comply  with  the  environmental  its suppliers to respect and follow these   Offi  ce of Foreign Assets Control
                                                                                                                                                                                                                                       (OFAC Compliance Policy).
                                              and performance monitoring, prioritizing  completed  by  assigning  “unconditional”               laws  and  health  &  safety  regulations  in  legal requirements.


                                                 Purchase Order Vendor Integration System

                                                                                                                                                simplify the exchange of data and information. The new system is based on B2B integration in
                                                 Management of the procurement system for products in the food&beverage area for each ship demands   lieu of traditional paper document transactions. The paperless process facilitates traceability of
                                                 the prompt and accurate electronic exchange of business data: there are more than 50 categories of   any changes, which is vital in a setting like a ship where the level of demand varies depending
                                                 commodities involved with an average of 6,000 orders processed each month.                     on the number of guests on board. The intention is to extend the POINT system to other
                                                 The launch of the POINT (Purchase Order Integration) Project with implementation of a web-based   broad categories of commodities and other fi elds such as management of tenders, methods
                                                 system for all our food&beverage suppliers is in line with Costa’s determination to upgrade, enhance and   of purchasing from catalogues and requests for off ers.
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