Supplier sustainability is one of the cornerstones of our commitment to sourcing sustainable ingredients. We engage with our suppliers to understand their views on sustainability and the policies and plans they have in place to help them achieve their goals.
Nutreco is committed to engaging only with suppliers that uphold the same principles as we do and, where necessary, ensuring the implementation of corrective measures.
Develop and implement an improved human and labour rights risk rating system for suppliers and require audits for high-risk suppliers.
We use EcoVadis to perform an initial risk assessment of our suppliers. In 2022, we used it to risk assess over 50% of our supplier base, highlighting more than 100 high-risk suppliers. Over the past year, we have increased the number of suppliers assessed. We define high-risk suppliers as entities operating in sectors and regions where the risk for social and environmental issues is relatively high. We will engage with these suppliers to further evaluate and mitigate the risk, focusing first on the suppliers we spend the most with.
We require all our suppliers and business partners to adhere to our Code of Conduct for Business Partners, launched in 2013 and updated in 2021. The Code contains the basic principles of what we expect from Nutreco’s direct and indirect suppliers. It enables us to engage with them on material sustainability issues relating to their operations and set minimum legal and ethical criteria for them to meet. During the onboarding process, we send new suppliers an email that states: “by engaging into business with Skretting / Trouw Nutrition / Nutreco you accept and comply with this Code of Conduct for Business partners.”
In 2022, Nutreco started to implement the EcoVadis program, an important tool to help us understand and mitigate sustainability risks among our suppliers so we can accelerate environmental and social improvements across the value chain.
EcoVadis will enable us to embed sustainability in all our procurement processes, including category management, sourcing, supplier risk assessment and supplier performance. It enables us to collaborate on sourcing and the standards we act upon.
The Norwegian Transparency Act mandates full disclosure of social risks in the value chain
Norwegian legislation has put a special focus on human and workers’ rights across the complete value chain of companies in Norway. This sparked a thorough due diligence process around key goods and services sourced for Norwegian aquaculture and other industries.
