Rethinking the value chain
along the supply chain
Dealing with the climate and resources with regard to our products must also include a look at the upstream and downstream value chain. This is the only way to identify and avoid deficits, risks, social and ecological impacts. In our value chain, a large part of the greenhouse gas emissions as well as other environmental pollution and influences on the loss of biodiversity, lie in the downstream, but especially in the upstream value chain. With our supply chain, we therefore have a special responsibility. However, this also gives Jokey the opportunity to use a lever to avoid significant negative effects on the environment and people. In addition to ecological issues, social aspects are also relevant and concern human rights as well as working conditions and fair business practices. We want to question the impact that our business activities have – directly or indirectly – and implement solutions together.
What we have planned
Our ambitions and goals
Our ambitions in the area of sustainable supply chain management are based on the contents of SDGs 3, 8, 9, 12, 13 and 17. On the other hand, they also result from our commitments within the Global Compact on human rights, labor standards, environment and climate, and prevention of corruption.
The Jokey Eco Concept includes developing a sustainable supply chain in the Eco Company area. We have set ourselves an overarching, concrete goal:
- Design and Group-wide implementation of a sustainable procurement concept based on relevant norms and standards by 2023.
In procurement management, we see it as our responsibility to promote social and ecological sustainability among our suppliers and create transparency in the supply chain. In the future, we are therefore aiming for a more detailed analysis of our incoming goods with regard to the sustainability effects associated with purchased goods. The objective of the absolute and relative reduction of the CO2 footprint of purchased goods takes place in developing science-based targets according to a 1.5-degree emissions reduction path.
All detailed goals in the area of sustainable procurement can be found in the chapter “Our sustainability course – Our goals”.
- To avoid or reduce potential negative influences in the supply chain, we are actively working on increasing transparency and mapping negative effects occurring in the supply chain. In this regard, we continuously analyze social and ecological effects in the supply chain.
- In the area of climate commitment, we are working on creating more transparency for purchased products with regard to their climate impact in order to continuously reduce the CO2 footprint of the supply chain. As part of the science-based emission reduction targets, we will work to find measures together with our suppliers to mitigate their impact jointly. We rely on knowledge transfer and close cooperation.
- In formulating clear requirements for our suppliers, we work, among other things, on continuously improving our supplier code. On the one hand, we anchor our values and requirements here in relation to social issues such as human rights, exclusion of forced labor and child labor, fair wages and working hours, freedom of assembly, complaint mechanisms, anti-discrimination, health protection and ethical business conduct. On the other hand, the code also covers environmental aspects. Central requirements are defined in such subject areas as: avoiding and reducing environmental pollution; using waste water, air emissions and waste responsibly; consuming resources and raw materials, and managing energy. In constantly reducing negative influences, we also promote close cooperation with our suppliers.
- We are in the process of setting up our own Jokey Code of Conduct. Our supplier charter, which can be viewed on the website, is up-to-date and therefore also valid in the reporting period. We are in constant contact with our partners to promote the use of circular raw materials and use alternatives made from renewable raw materials. This is done with the aim of identifying and eliminating social and ecological impacts in the upstream supply chain that could potentially be associated with critical risks for Jokey.
- A new assessment questionnaire with a focus on sustainability issues will be implemented across the Group in the area of supplier management at the end of 2022.
- In addition, we will adjust our supplier selection by 2025 in so their portfolios increasingly reflect our sustainability requirements.
and our suppliers’ involvement
We involve our suppliers and partners in our voluntary commitments through our Supplier Charter, Code of Conduct and membership in the UN Global Compact. Only a strong supplier or partner who works according to the same principles and values can enter into a business relationship with us. New suppliers must therefore accept our charter before they can supply for us. The charter can be viewed at any time on our website, but it is also on the agenda in supplier discussions. It is the basis of any cooperation with Jokey and will be brought up to the current standard in the first quarter of 2023. Companies that would like to be listed as suppliers for Jokey must agree to the charter or alternatively present their own supplier code, which we must review and approve. In an onboarding process, we point out the supplier charter and its urgency to existing suppliers and long-term partners. The aim is for all Jokey suppliers to agree to the charter.
Jokey has decided to involve its suppliers in developing a sustainable supply chain within their sphere of activity or influence. The level of their involvement in this area is one of the key factors in supplier selection. Our Export Compliance Policy complements the Code of Conduct and outlines ways to identify potential export risks and issues.
They help comply with European Union and North American legislation. The aim of the export compliance guideline is to give sales and purchasing employees and those responsible for exports at Jokey worldwide help with regard to applicable legal restrictions and compliance with them when exporting products, services and data. Furthermore, the export compliance guideline describes the procedure for checking all interested or potential new business partners with whom Jokey would like to establish a business relationship with regard to international sanctions lists, embargoes and money laundering lists.
The A-4 pillar audit, which has been implemented largely across the Group, includes the four cornerstones of corporate processes: working conditions, safety and health, environmental performance and business ethics. These criteria have a significant impact on our sustainable procurement.
We are not aware of any negative effects in the supply chain during the reporting period. At least the existing flow of goods and supplier assessments from previous years allow for this conclusion. However, this is a theoretical approach that we cannot substantiate through personal audits, but can only derive from our suppliers’ declarations of commitment. By implementing sustainable procurement based on ISO 26000, we also focus on all relevant social aspects of our supplier assessment. In addition, we analyze the flows of goods we purchase with regard to these aspects as much as possible. From 2023, we will be mirroring a new data foundation that will allow us to be more transparent with regard to any risks and, if in doubt, derive targeted measures.