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Supplier assessment

We are proud of the high quality we have of the raw materials we produce ourselves on our land and deliver to our own industry, and we are careful that our suppliers maintain the same high quality. Therefore, we perform risk analyzes of our suppliers' work linked to business risk, environment, labor law, ethics and supplier follow-up.

Results of supplier assessment

In 2019, approximately one hundred and twenty strategically important suppliers were assessed via EcoVadis, with an average of over approved. Only a few suppliers showed significant defects in individual areas, which are managed through action plans that are followed up during the year.

Of the suppliers we have evaluated and followed up in 2019, there has been no risk of child labor, forced labor or restriction of organizational freedom and therefor no audits have been conducted during the year.

Holmen's supply chain is stable and has not changed during the year. In 2019, no new suppliers were deemed to have severe or high risk and we did not conclude any cooperation during the year with any of our suppliers based on shortcomings in the supply chain.

The results of Holmen's risk assessment show that we have our greatest risks in the areas of input products, production materials and transport. 23% of our suppliers in these areas are considered to be severe or high risk.

The results show that the highest risk among Holmen's suppliers lies in the area of ​​sustainable procurement. This is illustrated in the circles below. 

 

Published

15 July, 2020

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Holmen's business concept is to own and add value to the forest. The forest holdings form the basis of the business – an ecocycle in which the raw material grows and is refined into everything from wood for climate-smart building to renewable packaging, magazines and books. The forest is managed to provide a good annual return and stable value growth while our production operations are run with a focus on profitability and greater value added.

Modern Slavery Act Transparency Statement

Holmen AB, P.O. Box 5407, SE-114 84 Stockholm, Sweden
Phone: +46 8 666 21 00  E-mail: info@holmen.com

 

 

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