Supply Chain Management

The long-term objective of Group supply chain management is to reduce business risk by improving sustainability performance throughout the value chain. During the year, ASSA ABLOY introduced a Code of Conduct specifically for Business Partners and conducted a third-party assessment of ASSA ABLOY’s internal supplier audit system to verify the robustness of the processes.

Sustainability spend in low cost countries

Organizational responsibility

ASSA ABLOY will continue to grow in new markets. As a result of for example acquisitions, new suppliers need to be included in the audit program. This creates challenges for ASSA ABLOY, and it becomes increasingly important to ensure a consistent approach for securing supply chain integrity.

Group Management sets the sustainability targets and the overall framework, whereas each division is responsible for implementing and maintaining a sustainable supplier base.Group Supply Management leads a Sustainability Steering Council with representatives from each division. The Council coordinates activities and follows up on progress.All divisions follow the same guidelines and processes, which are provided by the Group Supply Management. The divisions report to the Sustainability Steering Council on a monthly basis.

ASSA ABLOY will continue to grow in new markets. As a result of for example acquisitions, new suppliers need to be included in the audit program. This creates challenges for ASSA ABLOY, and it becomes increasingly important to ensure a consistent approach for securing supply chain integrity.

Distribution of supplier spend