80% OF PURCHASED VOLUME IS FROM SUPPLIERS WHO HAVE SIGNED THE CODE OF CONDUCT
80% of purchased volume is from suppliers who have signed the Supplier Code of Conduct based on the UN Global Compact, ILO Conventions and OECD guidelines for multinational companies, competition law and anti-corruption rules. 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.