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Vattenfall leads utilities green procurement charge: Procurement Leaders Exclusive
Vattenfall has become one of the first utility companies in the Nordic region to introduce a code of conduct for its suppliers.
The new code will aim to ensure that the UN Global Compact principles, which covers human rights, labour standards, environment and anti-corruption, are also known and adhered to by Vattenfall’s supply base around the world.
The Swedish company hopes the code and its implementation will also serve to identify risks in the firm's supply chain far earlier than would previously have been the case.
“Almost all (99 per cent) of the carbon emissions we are causing come from our own operations and thus so far there has been an understandable emphasis on doing all we can to reduce our environmental impact,” Ebba Karth, Group Procurement Consultant, Vattenfall, told Procurement Leaders.
“Now, however, we want to ensure that also our suppliers are doing all they can, not just from an environmental perspective but also from an ethical standpoint too.
“We already have audit programmes in place for our nuclear fuel and hardcoal suppliers across the world, and this is very much an extension of this programme.”
Despite the introduction of the supplier code, Karth acknowledges that the European utility industry still has some way to go to catch up with other sectors when it comes to responsible procurement.
“The responsible procurement culture is growing, but I think the utility industry has been relatively slow to embrace it,” she said.
Other industries are way ahead of us and have had codes of conduct and monitoring systems for years.
“We cannot just sit back and relax now that we have a Code of Conduct for Suppliers in place, although we have taken a big step forward already.”
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