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our CoC 2/2 nitiation of specific human rights survey among key suppliers 2 Increasing transparency, reducing risks in our supply chain GRI 3-1, 3-2, 4-1, 4-2 | SDG 5.2, 8.8, 1.1With our supplier management process, we increase transparency and accountability in the supply chain and encourage our suppliers to comply with high environmental and social standards. Through this commitment, we help to establish responsible business practices worldwide and make valuable contribution to respecting and protecting human rights and protecting the environment. To achieve this, we have defined appropriate measures and goals in ourCSR strategy. We have set up dedicated team inprocurement to drive our Scope 3 transparency andmitigation roadmap. Furthermore, we continued to work on process improvements to gain more transparency about data andcosts and to lay the cornerstones for future measures and monitoring the impact of improvement measures. key component is the Cost and Value Engineering approach for all materials. This approach gives us transparency about the costs for each material and, together with the suppliers, we can optimize them in sustainable manner. For example, we work closely with foundries, steel mills, ring mills and forgers to make cost drivers and inefficiencies in the manufacturing process transparent and to support the selection of better aggregates to reduce energy consumption. In order to minimize the environmental impact in the supply chain, we have focused on transparency around: Calculation of CO 2 emissions in the supply chain Our CO2 reporting tool in Scope 3 is structured by region, supplier and material category (further information is available in the chapter on environmental protection). In the future, we will also have the CO 2 footprint for allmaterials and can thus consider sustainability asa criterion in addition tocosts when making purchasing decisions. GOVERNANCE & COMPLIANCE7 SUSTAINABILITY REPORT 2 Verification of suppliers A