Responsible co-operation ensures a sustainable value chain
Suppliers are our valuable partners. We want to be a responsible and trusted partner, so we work closely with our suppliers to ensure a socially, environmentally and economically responsible value chain.
All new suppliers are assessed on sustainability matters, and we consider sustainability essential part of the evaluation process and in line with economic, financial and quality aspects.
During supplier onboarding, all new suppliers are required to register and complete a supplier profile. This profile includes a sustainability section with about 30 questions. We also ask our suppliers to agree on Metso Supplier Code of Conduct. If their answers do not meet our minimum requirements (e.g. minimum age, anti-corruption policy, safety practices), we request corrective actions that are then followed up.
Supplier engagement program
As part of engaging our suppliers on the 1.5-degree journey, we ask them to determine the carbon footprint of their own operations, suppliers and products. We ask suppliers to demonstrate continuous environmental improvement such as developing CO2 emission reduction plans and setting their own CO2 reduction targets. We encourage our suppliers to commit to the Science Based Targets initiative (SBTi). One of our sustainability targets is that 30% of procurement spend is with suppliers who have committed to SBTi by 2025.
Supplier Code of Conduct
Our Supplier Code of Conduct sets the standards that we expect our suppliers to follow. It is the starting point for any new or existing business relationship, and it covers areas such as health and safety, child and forced labor, human rights, anti-corruption, compliance with laws and regulations, environment and climate change, and more. We expect our suppliers to make every effort to comply with our Supplier Code of Conduct.
Supplier audits & development
One way to ensure and support compliance with our Supplier Code of Conduct is to conduct supplier sustainability audits.
Metso’s third-party audits cover many aspects of sustainability, including safety, environment, product safety, labor and other human rights, and risk management. Prior to the audit, the suppliers are asked to complete an audit sustainability self-assessment in an online portal. Based on the audit findings, we agree on corrective action plans together with the supplier after each sustainability audit. We follow up on the implementation of the corrective actions on the agreed time schedule.
In addition to auditing, we use other means to engage with suppliers and support them in improving their sustainability performance. For instance, “Supplier Sustainability Days” are organized to create awareness and train our suppliers. Through active communication, training events and process improvement, we help suppliers in their development towards more sustainable operations.
To provide sustainability training for the whole supply base, we have created "Supplier Sustainability.” This includes various e-learning courses such as Metso supplier sustainability expectations, Metso Supplier Code of Conduct, human rights, CO2 emissions reduction and good safety practices.