Third Party Lifecycle Management

Astellas partners with key Third Parties to help support and drive our goal to improve the health of people around the world. It is our commitment to interact with all our business partners fairly, openly, and with integrity. In return, we expect the highest ethical standards.

Business partners such as you, are selected based on appropriate criteria that are directly related to our business objectives, including, but not limited to price and quality of goods or services, capability, past performance, reputation and Corporate Social Responsibility (CSR).

Third Party Lifecycle Management (TPLM) is used to monitor the ever-changing relationship between Astellas and its external Business Partners.:

Typically initiated upon contracting for goods and services, but provides coverage throughout the various stages of the relationship
Includes guidance to help remediate a risk once it is identified, as well as properly managing risk before it arises
Contributes to the security and resilience of the overall Astellas business
Supports our overall regulatory compliance
Enhances interactive communications with third parties

How does it work?

Online questionnaires are leveraged and scored accordingly in line with our established risk criteria/thresholds to assess potential risks to the organization
If necessary, the questionnaires are reviewed by Risk Experts with deep knowledge of their respective Risk Areas (Domains)
Once all risk domains are cleared, the corresponding contract may be executed
Risk Domains which have been cleared are exempt from further review for the following 2-year period, however, if incremental risks arise through the course of new business, review of those additional Risk Domains may be required

What Risk Domains are covered?

Anti-Bribery Anti-Corruption (ABAC)

Ensures adherence to global legislation and forbids employees of Astellas or Third Parties acting on behalf of Astellas to offer or pay bribes

Data Privacy

Allows one to use or access personally identifiable information while ensuring the appropriate controls are in place to protect that information

Data Security

Protects digital data from destructive forces and from unwanted actions of unauthorized users

Environment, Health & Safety (EHS)

Process of verifying that the practical aspects of environmental protection and safety have been implemented in the work environment

Labor Rights

Ensures the rights inherent to all human beings, regardless of race, sex, nationality, ethnicity, language, religion, or other status are being respected and maintained

Solvency

Ensures any Third Party with which Astellas does business has the ability to meet its long-term financial obligations

Note that Promotional (Promo) risk domain may also be triggered for engagements covering the EMEA region.

Contacts

TPLM contacts by Country v0.5 051021

Third Party Lifecycle Management