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NIBE is a signee of UN Global Compact since 2014. We are committed to following the 10 principles and to promote these principles within our sphere of influence.
Our core values are expressed in eight fundamental building blocks that guide our decisions and business behaviour in all situations. We expect our Suppliers to embrace the same set of internationally accepted principles and apply them in all their business conduct.
If you already are, or want to become, a supplier it is mandatory to be familiar with, and willing to apply, these principles.
We expect our suppliers to respect and support Universal Human Rights in all their activities.
We expect our suppliers to respect and support the protection of universal human rights in all their activities. This means to follow legislation, treating employees and other members of society with dignity and acting responsibly towards neighboring society.
We also expect our suppliers to make sure they are not indirectly part of human rights abuses in their dealings with other companies and organizations.
Questions to ask yourself:
UN Global Compact, principles 1 and 2
Human Rights explained (video)
We expect our suppliers to act responsibly towards their stakeholders and in their supply chain.
Responsible purchasing means taking into account social, environmental and ethical considerations, as well as cost, quality and delivery time. Our goal is to minimize negative impacts and make a positive contribution to the businesses, people and communities that make up our supply chain.
We expect our suppliers to likewise act responsibly towards their stakeholders and in their supply chain.
In practice this means to have a system to evaluate supplier performance and to actively work to accomplish improvements where a certain supplier does not comply with demands or meet acceptable standards.
It is no longer enough that companies understand their risks. We all need to ramp up our efforts and work to achieve positive and measurable change.
Global Compact about Supply Chain Sustainability
Sedex Supplier Workbook
We expect our Suppliers to work systematically to minimise negative environmental impact from their activities and products.
Suppliers shall have an environmental management systems in place, where material aspects are identified and the environmental impact is controlled and minimised.
Suppliers must be able to show evidence that environmental performance is measured and controlled, as well as compliance towards legislative demands where applicable.
Global Compact about Environment
We expect our Suppliers to be good citizens and friendly neighbours wherever they operate. This means to support the society by paying taxes, sponsoring local initiative that promote sustainable development and consider stakeholder expectations when decisions are taken.
We promote involvement in the local communities where our operations are located and prioritise grants and sponsorship agreements that are aligned with our values, strengthen the relationship with our stakeholders and benefit the local society where we operate.
We do not give political contributions, engage in political organisations or support individual politicians.
We want to actively co-operate with educational institution in order to keep a solid the recruitment base. We also want to develop local employees and managers to strengthen their career opportunities within the Group.
We expect our Suppliers to likewise be good citizens and friendly neighbours wherever they operate. This means to support the society by paying taxes, sponsoring local initiative that promote sustainable development and consider stakeholder expectations when decisions are taken.
UN Global Compact about Social Sustainability
We expect our Suppliers to have a management system that support internationally accepted social and labour policies.
It means to integrate ethics into core business practices and to have a policy to follow internationally agreed principles concerning labour standards, such as written employment contracts, specified terms concerning working hours, compensation, vacation, working hours, insurances and respecting employees' rights.Suppliers must be able to show evidence that acceptable human resources practices exist and that records are kept in order.
UN Global Compact about Labour
ETI Base Code
We expect our Suppliers to ensure that their products are safe to use and that processes to design, manufacture and inform about the products are strictly controlled to ensure legal, safety and environmental compliance, as well as high quality standards and compliance towards customer specifications.
Our products must always fully comply towards legal standards regarding health and safety during use.
We give relevant and clear information about safe and environmentally adapted installation, use, maintenance, storage and final disposal.
We ensure that the customer gets fast responses to product questions and requests for information.
We expect our Suppliers to likewise ensure that their products are safe to use and that processes to design, manufacture and inform about the products are strictly controlled to ensure legal, safety and environmental compliance, as well as high quality standards and compliance towards customer specifications.
Suppliers must be able to show evidence that warranties and insurances are sufficient and in order.
We expect our Suppliers to have an anti-corruption policy that states zero tolerance towards bribery and other forms of corruption, and that they demand the same from their suppliers and other business partners.
Our business relationships and business methods are based on compliance with legislation and the application of good business ethics. Bribes, facilitation payments, excessive gifts and any other form of improper or illegal business behaviour is strictly prohibited.
All forms of remuneration to business partners must only refer to actual goods or services. Gifts and other benefits must not exceed local customs and must be in line with legislation.
We expect our Suppliers to likewise have an anti-corruption policy that states zero tolerance towards bribery and other forms of corruption, and that they demand the same from their suppliers and other business partners.
UN Global Compact, principle 10
We expect our suppliers to be accountable for their activities by communicating their performance honestly and openly and by operating visibly and with integrity according to high ethical standards.
NIBE's communication is straight, honest and follows applicable legislation,regulations and standards.
We keep our integrity in all situations and all transactions we make are duly supported by necessary documented verifications to fulfil legal demands and ensure compliance to our anti-corruption policy.
We keep our shareholders informed about the Groups' operations, results and strategies according to stock exchange regulations where NIBE shares are listed.
We transparently communicate with our stakeholders through regular reporting, via internet and other publications. We also arrange for meetings with different stakeholder groups.
Transparency, implying consistently candid and open management communication and accountability, plays a positive part in maintaining an engaged, motivated work force.
We expect our suppliers to likewise be accountable for their activities by communicating their performance honestly and openly and by operating visibly according to high ethical standards.
Global Reporting Initiative
Integrated Reporting <IR>