The foundation of our Responsible Sourcing program is our Ericsson
Code of Conduct, to which all suppliers must comply. It covers four main areas: human rights, labor standards, environment and anti-corruption. The Code forms a core part of our supplier contracts and is available in several different languages.
Suppliers must complete mandatory Supplier Self-Assessments that relate to the code of conduct, environmental and ohs requirements before they are selected.
Throughout the year, we also audit a sample of our suppliers. In order to determine which suppliers to audit we use a risk-based approach that takes into account several factors. These factors are then prioritized and include, but are not limited to,
- Size and scale of the supplier
- Nature of services or type of products provided
- Previous audits, if any
- Current and future business strategy
- Significant risk areas such as OHS factors or environmental compliance
- Supply chain risks
We have set a target to address all suppliers in the top 90% of supplier spend.
In 2017, we fully implemented third-party Code of Conduct audits of our suppliers. With third-party auditors we have found that, in general, the audits are more effective and robust. Third-party auditors bring additional unique expertise, obtained through their extensive audit activities throughout various industries, which supports and affirms our Responsible Sourcing Strategy. Code of Conduct online training for suppliers