Our actions impact people, societies, and businesses. Raw-material production, logistics, and sourcing are equally involved. As a result, we must ensure sustainability along the entire value chain from farmer to consumer.
We work only with carefully selected suppliers and business partners. To foster sustainable sourcing in our businesses, we measure the percentage of spending composed of suppliers who have signed our Supplier Code of Conduct.
We base the Supplier Code of Conduct on international conventions, laws and regulations, and best practices. It establishes the ethical, social, and environmental standards for suppliers and service providers. All suppliers who want to do business with Fazer must sign the code to prove their commitment.
Fazer is committed to the Sciende Based Target initiative. To minimise environmental impacts across our value chain, we committed in 2021 that by 2025, 53% of our suppliers by spending must also commit to Science-Based Targets initiative targets.
We are continuously making progress on this. We renewed our Supplier Code of Conduct in 2021 after launching it in 2020.