kinnarps-sustainability-report-2023

55

FOCUS AREA:

Social responsibility

2025 Goal

analysis Based on our risk analysis, a number

of suppliers, who together account for 4% of the total

purchasing volume, have been assessed to have an

elevated risk. We have followed up with all of these

suppliers with at least one audit, which means that

100% of our suppliers of materials and components

for our products have either been assessed as low

risk or have been audited. We are working to gradually

minimise our presence in countries and with suppliers

who might generate an elevated risk. We have managed

to secure the supply of materials by minimising risks

through a strong supply chain at regional and local

level, and a good ability to spread the risks. We work

actively to insource the production of plastic and

metal components to our own factories in Sweden in

order to increase control of the chain and reduce risks.

100% of our purchasing volume should

be classified as low risk or elevated

risk followed up by an audit.