Sustainable procurement

Strengthening sustainable procurement practices

We continue to strengthen our global governance systems by preparing systematic sustainable procurement practices group-wide. Our focus on environmentally sound buildings and related energy and greenhouse gas emissions reductions, resulted in the development of a green office plan outlining key targets and actions to reduce waste and the use of energy and water.

Targets and results

The sustainability and ethical standards to which we commit also extend to our suppliers. Our current ambition is to fully implement a consistent sustainable procurement programme which will enable us to effectively engage with our suppliers worldwide and monitor their performance.

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Approach

Our Supplier Code of Conduct outlines our expectations for suppliers and is aligned with the UN Global Compact’s ten principles on human rights, labour standards, environmental performance and anti-corruption work. We procure most services and products locally. The responsibility for governing documents, strategies, processes, tools and global procurement projects is organized centrally in our Global Shared Services unit.

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Review

In 2017, we continued to implement sustainable procurement practices. The review of all relevant governance documents was completed and software to enable the tracking, monitoring and reporting of supplier data was selected and started to be implemented. The consolidation of travel agencies from 200 to 2 enables the transparent reporting of greenhouse gases. Moreover, a green office plan was developed. Our first near-zero emission building in Shanghai was officially opened with the attendance of the Norwegian Prime Minister and senior Chinese officials.

Click the image above to see relevant tables and figures.

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