80% OF PURCHASED VOLUME IS FROM SUPPLIERS WHO HAVE SIGNED THE CODE OF CONDUCT
The cooperation with suppliers builds from our Code of Conduct for Suppliers. Through dialogue, we ensure that the minimum requirements of our Code are met in areas including human rights, working conditions, equal treatment, anti-corruption and the environment.
The ensuring a sustainable supply chain is important, both to deliver value to our customers and to contribute to sustainable development. Our choice of partners is crucial to our business and we are highly selective.
We not only ensure that their products match our customers' requirements, but also that our suppliers are socially and environmentally responsible.
Responsibility throughout the supply chain
We encourage our suppliers in their sustainability efforts through dialogue and close cooperation, and we strive to gain insights into responsibility throughout the entire supply chain. We evaluate our suppliers and screen them every other year against the COC so that we can manage risks, optimise supplier performance as well as maintaining long-lasting and strong supplier relationships.
Screening results for 2023
In 2023, we conducted a screening of our suppliers based on the criteria outlined below.
The results show that 0% of our suppliers were assessed as "High Risk."
Rating Areas and Weights
Each assessment area carries an equal weight of 11.11%. The areas include:
- Compliance and Governance Management
- Business Management
- Quality Management
- Health & Safety Management
- Labour Rights Compliance
- Human Rights Compliance
- Business Ethics
- Anti-Corruptions Management
- Environmental Management
- Product Management & Traceability
Target and outcome
Supply Chain
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80%
80% OF PURCHASED VOLUME IS FROM SUPPLIERS WHO HAVE SIGNED THE CODE OF CONDUCT
The cooperation with suppliers builds from our Code of Conduct for Suppliers. Through dialogue, we ensure that the minimum requirements of our Code are met in areas including human rights, working conditions, equal treatment, anti-corruption and the environment.
The ensuring a sustainable supply chain is important, both to deliver value to our customers and to contribute to sustainable development. Our choice of partners is crucial to our business and we are highly selective. We not only ensure that their products match our customers' requirements, but also that our suppliers are socially and environmentally responsible.
We encourage our suppliers in their sustainability efforts through dialogue and close cooperation, and we strive to gain insights into sustainability throughout the entire value chain. We evaluate our suppliers and screen them twice a year against the COC so that we can manage risks, optimise supplier performance as well as maintaining long-lasting and strong supplier relationships.
The cooperation with suppliers builds from our Code of Conduct for Suppliers. Through dialogue, we ensure that the minimum requirements of our Code are met in areas including human rights, working conditions, equal treatment, anti-corruption and the environment.
The ensuring a sustainable supply chain is important, both to deliver value to our customers and to contribute to sustainable development. Our choice of partners is crucial to our business and we are highly selective. We not only ensure that their products match our customers' requirements, but also that our suppliers are socially and environmentally responsible.
We encourage our suppliers in their sustainability efforts through dialogue and close cooperation, and we strive to gain insights into sustainability throughout the entire value chain. We evaluate our suppliers and screen them twice a year against the COC so that we can manage risks, optimise supplier performance as well as maintaining long-lasting and strong supplier relationships.