Responsible supply chain management
Bonava collaborates actively with approximately 12,500 different suppliers yearly.
Our suppliers can be divided into three overarching categories: construction subcontractors, service providers and materials suppliers. Bonava imposes Group-wide requirements that all suppliers must meet. To qualify as a Bonava supplier, the company’s supplier requirements must be met. This includes requirements for systematic environmental and health, safety, environment and quality (HSEQ) work and compliance with the UN Global Compact in the form of Bonava’s requirements regarding acceptable salary levels, working hours and paid holiday, responsibility for human rights, anti-corruption and tax payments. Suppliers must also meet Bonava’s requirements regarding documentation and opportunities for inspection. Bonava’s supplier requirements also encourage suppliers to raise an alarm directly with the company or through SpeakUp, our whistle-blower system, if they believe Bonava or any of its employees are violating the Code of Conduct.
Governance
We continuously develop our procurement procedures and tools to improve supplier evaluations. Over the past few years, Bonava has identified suppliers who are now part of the selected supplier base. Suppliers in the selected supplier base who perform poorly in terms of delivery or who, during supplier audits, show they do not meet the criteria for being a Bonava supplier are given the opportunity to correct their faults. In serious cases, the supplier is dismissed. In 2021, the purchasing organisation was restructured, and going forward the strategic purchasing initiatives will take place to a greater extent based on the respective local markets.
GRI standard for sustainability reporting
Bonava reports annually for the GRI indicators 409-1 Operations and suppliers at significant risk for incidents of forced or compulsory labour, 308-1 New suppliers that were screened using environmental criteria and 414-1 New suppliers that were screened using social criteria.
