Why is this material?
As a buyer of goods and services worldwide, DNV GL has an impact on the environment and employees of our suppliers. Our vision to have a global impact for a safe and sustainable future also implies that we should ensure that we have a positive impact not only through the services we deliver, but also through the goods and services we buy.
The DNV GL Sustainability Materiality Matrix recognises that sustainable supply chain management is important to our stakeholders. Therefore, we extend our commitment to the Global Compact ten principles, in the areas of human rights, labour standards, environmental performance, and anti-corruption, to our relationship with suppliers, sub-contractors, contractors and agents.
Project & Activities
DNV GL communicates our sustainability expectations to suppliers, and will evaluate and monitor suppliers’ corporate sustainability behaviour and performance. Our Supplier Code of Conduct outlines our expectations to suppliers, and is aligned with recognised international standards for supply chain management, including the ten UN Global Compact principles in the areas of human rights, labour standards, environmental performance and anti-corruption.
According to the Group Purchasing Instruction , signing the Code is mandatory for suppliers with contracts above NOK 50.000 (part of the complete binding contract). Suppliers are also screened according to a standard screening checklist and if serious violations are found, they can be excluded from the DNV GL supplier registry. If exposure to risk is identified, local units will engage with the supplier to improve practices.
In 2014, a major effort was launched to centralise procurement in DNV GL. Global procurement functions have been established, and a project was created to establish a more systematic approach to the management of sustainability risks and opportunities in the supply chain for DNV GL Group. The work is the result of cooperation between various group functions, including Global Procurement, Group Sustainability as well as Compliance and HSE. Throughout 2014, the focus was on mapping current procurement practices in DNV GL against best practice for sustainable sourcing. Based on this exercise we have identified key strengths, improvement areas and recommended actions. The recommendations were discussed with and approved by the Corporate Sustainability Board in November 2014.