In today's innerconnected world, global companies are working to ensure their extended supply chains are acting in a socially responsible manner. The following information outlines for our suppliers IBM's requirements relating to supply chain social responsibility.
From its inception over a century ago, IBM has been based on a set of fundamental values. IBM's values shape and define our company and permeate all of our relationships--between our company's people and our shareholders, our clients, the communities where our people live and work, and among our network of suppliers.
Within our supply chain relationships, we know that our company's sizable purchasing power is a unique resource that we must manage responsibly, and we do. IBM spends over $3 billion a year with diverse suppliers, for example--greater than any other technology company. Yet more than managing our spend, we have a responsibility to hold ourselves--and our suppliers--to high standards of behavior. This means