Social Accountability Policy

HAMILTON BEACH’S SOCIAL ACCOUNTABILITY POLICY

Hamilton Beach Brands, Inc. is committed to achieving the highest standards of ethical and legal conduct for itself and its business partners. Hamilton Beach carefully selects its manufacturing partners, developing long-term relationships with people committed to our rigorous standards. These high standards include the working conditions under which our products are produced.

We are industry leaders who have worked to enhance workplace conditions within our manufacturing partners’ factories. As with product safety standards, we have tried to raise the social accountability bar for our entire industry. Our agreements with suppliers require them to adhere to basic human rights principles. In addition, we have developed a detailed Social Accountability Policy to which all of our suppliers must adhere. We first developed such a policy in 2002.

We retain an independent third-party to audit our suppliers’ conformance to the Social Accountability Policy. The requirements of the Social Accountability Policy generally provide greater worker protection than required by the applicable local laws and regulations in the jurisdictions where product is produced.

Summary of Key Provisions of Our Social Accountability Policy:

CALIFORNIA TRANSPARENCY IN SUPPLY CHAINS ACT OF 2010
The California Transparency in Supply Chains Act of 2010 is intended to inform consumers whether goods are the product of human trafficking and slavery. The Act requires manufacturers and retailers who do business in California and have more that $100 million in worldwide gross receipts to “disclose their efforts to eradicate slavery and human trafficking from their direct supply chain for tangible goods offered for sale.” While the Act addresses only one aspect of social accountability, Hamilton Beach fully supports the intent of this law.

CUSTOMS-TRADE PARTNERSHIP AGAINST TERRORISM (CT-PAT)
Hamilton Beach has been part of CT-PAT since July 2005. In partnering with the Department of Homeland Security, Hamilton Beach’s supply chain has been evaluated by US Customs and Border Protection as meeting the “highest level of cargo security.”

CONFLICT MINERALS