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.