Responsible co-operation ensures a sustainable value chain
Suppliers are our valuable partners. We want to be a responsible and trusted partner, so we work closely with our suppliers to ensure a socially, environmentally and economically responsible value chain.
All new suppliers are assessed on sustainability matters, and we consider sustainability essential part of the evaluation process and in line with economic, financial and quality aspects.
During supplier onboarding, all new suppliers are required to register and complete a supplier profile. This profile includes a sustainability section with about 30 questions. We also ask our suppliers to agree on Metso Outotec Supplier Code of Conduct. If their answers do not meet our minimum requirements (e.g. minimum age, anti-corruption policy, safety practices), we request corrective actions that are then followed up.
Supplier engagement program
As part of engaging our suppliers on the 1.5-degree journey, we ask them to determine the carbon footprint of their own operations, suppliers and products. We ask suppliers to demonstrate continuous environmental improvement such as developing CO2 emission reduction plans and setting their own CO2 reduction targets. We encourage our suppliers to commit to the Science Based Targets initiative (SBTi). One of our sustainability targets is that 30% of procurement spend is with suppliers who have committed to SBTi by 2025.
Supplier Code of Conduct
Our Supplier Code of Conduct sets the standards that we expect our suppliers to follow. It is the starting point for any new or existing business relationship, and it covers areas such as health and safety, child and forced labor, human rights, anti-corruption, compliance with laws and regulations, environment and climate change, and more. We expect our suppliers to make every effort to comply with our Supplier Code of Conduct.
Supplier audits & development
One way to ensure and support compliance with our Supplier Code of Conduct is to conduct supplier sustainability audits.