| Reporting Period | Filing Date | Average Time to Pay (days) | Paid within 30 days | Paid 31-60 days | Paid after 60 days | Not Paid within Terms |
|---|---|---|---|---|---|---|
| 01 Jan 2025 - 30 Jun 2025 | 29 Jul 2025 | 72 | 30% | 28% | 42% | 26% |
| 01 Jul 2024 - 31 Dec 2024 | 15 Jan 2025 | 82 | 30% | 25% | 45% | 29% |
| 01 Jan 2024 - 30 Jun 2024 | 29 Jul 2024 | 68 | 32% | 27% | 41% | 22% |
| 01 Jul 2023 - 31 Dec 2023 | 17 Jan 2024 | 73 | 33% | 27% | 40% | 18% |
| 01 Jan 2023 - 30 Jun 2023 | 27 Jul 2023 | 69 | 32% | 28% | 40% | 20% |
| 01 Jul 2022 - 31 Dec 2022 | 18 Jan 2023 | 66 | 32% | 28% | 40% | 21% |
| 01 Jan 2022 - 30 Jun 2022 | 21 Jul 2022 | 62 | 34% | 30% | 36% | 20% |
| 01 Jul 2021 - 31 Dec 2021 | 24 Jan 2022 | 65 | 33% | 30% | 37% | 25% |
| 01 Jul 2019 - 31 Dec 2019 | 03 Feb 2020 | 55 | 44% | 24% | 32% | 31% |
| 01 Jan 2018 - 30 Jun 2018 | 31 Jul 2018 | 59 | 33% | 38% | 29% | 28% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
a. Kimberly-Clark has established global payment terms. Only the payment terms approved centrally are allowed with suppliers, whether covered by contract, Purchase Order or non-Purchase Order. Only if there is a long-term need and there is sufficient reason not to adopt the nearest standard global term, regional exceptions can be requested through an established exception approval process. It is expected to have the regional exceptions reviewed periodically to ensure they are still valid. b. As standard we have a set of Net Payment terms (from invoice date or invoice receipt date according to regional initiatives) ranging from Immediate payment to 180 days payment, a set of payment terms with discount (where early payment leads to a pre-agreed discount %).
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
No additional information
Maximum contractual payment period agreed
183
1. Issues with invoice payments are being highlighted to Accounts Payables for resolution. If there is no resolution, the issue is being escalated to the key business contact at Kimberly-Clark. 2. If key contact agrees to complaint then he/she will internally escalate to ensure necessary actions are being taken within the organization. If actions are delayed there is an escalation process to highlight the gap to management. 3. If key contact does not agree to complaint and both parties are not able to come to an agreement, the issue will be escalated to the Procurement contact to mediate. If no resolution can be achieved, it might require legal involvement.
Has this business signed up to a code of conduct or standards on payment practices?
For example, signatories to The Prompt Payment Code must commit to paying 95% of their invoices within 60 days.
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Does this business offer e-invoicing in relation to qualifying contracts?
This is where suppliers can electronically submit and track invoices. It's not just allowing suppliers to email them an invoice.
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Does this business offer supply chain finance?
This is where a supplier who has submitted an invoice can be paid by a third-party finance provider earlier than the agreed payment date. The business would then pay the finance provider the invoiced sum.
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Under its payment practices and policies, can this business deduct sums from payments under qualifying contracts as a charge for remaining on a supplier list?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
Kimberly-Clark Europe Limited is a multinational company that operates in the consumer goods industry. The company is focused on creating innovative, sustainable products that improve people's lives. They have a strong commitment to sustainability and have implemented various programs to reduce their environmental impact.
Their sustainability program, called "Sustainability 2022", has set ambitious goals to reduce their carbon footprint, water consumption, and waste generation. They also prioritize responsible sourcing of materials and have implemented recycling and waste reduction initiatives.
Kimberly-Clark Europe Limited offers a wide range of products, including personal care, tissue, and hygiene products, under well-known brands such as Kleenex, Huggies, and Cottonelle. These products are designed to meet the needs of consumers in different regions and are constantly being improved to be more sustainable.
The key people at Kimberly-Clark Europe Limited include Claudia Hartwich, the President of the company, and Keith Raley, the Vice President of Supply Chain. They lead a team of dedicated employees who work towards the company's goals of sustainability and innovation.
To learn more about Kimberly-Clark Europe Limited and their products, customers can visit their website at https://www.kimberly-clark.com/en/europe. The registered office address is at 1 Tower View, Kings Hill, West Malling, Kent ME19 4HA, United Kingdom. Customers can also contact the company through their website or by phone at +44 (0)1732 597000.