Our goal: Ensuring that all our suppliers comply with the international labor standards and local laws.
We do not have our own factories – so we look all the more closely at our business partners. Our Code of Conduct requires every supplier to adhere to fair working conditions and is a prerequisite for any collaboration. We have this checked by independent experts.
so we look all the more closely at our business partners.
Our Code of Conduct requires every supplier to adhere to fair working conditions and is a prerequisite for any collaboration. We have this checked by independent experts.
Every year, we monitor the compliance with our sustainability standards by certain suppliers in the form of a standardized evaluation. We do this both through visits by our own experienced staff and with the help of the service provider ELEVATE, which specializes in so-called Social Compliance Audits.
In this process, the suppliers are assessed regarding occupational safety, working hours, transparency or environmental aspects. ELEVATE carries out inspection tours as well as employee interviews in the factories. At the end of the process, the insights obtained result in an overall assessment.
This way, we always have an up-to-date overview of the status quo on site. If we discover violations, we develop corrective measures together with the supplier and monitor their implementation at regular intervals.
In addition to the Social Audit Program, we have been conducting regular sustainability assessments of our suppliers since 2017. The evaluation by EcoVadis is based on a total of 21 criteria in the areas of environment, labor and human rights, fair business practices and sustainable supply chains. The percentage rating of our suppliers provides us with a basis for taking joint steps towards greater sustainability.
Of course, we have also had ourselves audited by EcoVadis and are proud of the EcoVadis Gold Medal, which was awarded to us in 2019 for particularly good results. It encourages us to continue to promote social and environmental sustainability and to keep getting better every day.
With our Sustainability Report 2021, we show where we stand. Spanning our corporate responsibility pillars, we pick up highlights, share progress, and provide insights into the cosnova world, and how we are striving to make it more environmentally friendly every day. The report is available for download in German and English.