Good corporate citizenship is essential to our long-term business success.
Our Supplier Guiding Principles (SGP) communicate our values and expectations of suppliers and emphasize the importance of responsible workplace practices that respect human rights and comply, at a minimum, with applicable environmental and local labor laws and core international conventions. The Supplier Guiding Principles reflect our commitment to respect human rights across our business system and global supply chain.
Since the inception of our SGP program we have collaborated with our bottling and supplier partners to complete nearly 12,000 workplace assessments. Although our values have stayed the same we have continually evolved our program to drive continuous improvement. In 2012 we are rolling out program updates in light of years of experience, industry trends and expert guidance on business and human rights. These updates build our system's awareness of human rights and build capacity through assessing management systems and other Good Practices that support a positive and inclusive workplace.
The Supplier Guiding Principles are a part of all agreements between The