We prioritise sourcing raw materials from local suppliers whenever feasible. However, for standard manufacturing components, sourcing is determined by product availability, price competitiveness, and specifications. In FY2025, our procurement expenditure on local suppliers accounted for 75.1% of our total procurement spend. In FY2025, we integrated ESG requirements into the Supplier Code of Conduct. These have been implemented and communicated to all new suppliers, and by the end of 2025, will be extended to all existing suppliers. 

Genetec maintains robust long-term partnerships with our suppliers and strategically mitigates supply chain risks to ensure uninterrupted supply of standard parts and materials.