Risk areas and “stoppers”
Audits are designed to assess risks within areas such as business ethics, workers’ rights, health and safety and environment. Some criteria in the audit checklist are of such significance that they are called “stoppers." If a supplier fails to comply with these important standards, it is automatically rated “red” – regardless of its performance in other areas.
The supplier data base
Direct material suppliers in selected low-cost countries are listed, graded and tracked in the ASSA ABLOY supplier database. It ensures transparency and access to consistent information on the suppliers' performance.The purchasers use this database to gain easy access to information on the sustainability performance of suppliers from selected countries. It also enables ASSA ABLOY to follow up on several key performance indicators as well as being an importatant means of identifying and developing preferred suppliers.
Confidentiality is ensured by assigning user rights and limiting updating rights.