Hitachi Energy, LTD
Sustainable Supply Base Management Program Overview
Pages
2
Time to read
3 mins
Publication
Language
English
Pages
2
Time to read
3 mins
Publication
Language
English
This document is a guide detailing ABB's Sustainable Supply Base Management (SSBM) program, which aims to enhance the sustainability performance of its suppliers. The SSBM program is designed to ensure compliance with the ABB Supplier Code of Conduct (SCoC), which is based on various international human rights principles and labor standards. The guide outlines the onboarding process for new suppliers, which includes a sustainability self-assessment and potential further due diligence. It describes the risk-based approach used to monitor suppliers' sustainability performance, emphasizing the importance of training, onsite assessments, and audits. The management of the SSBM program involves collaboration among ABB's business areas and is governed by a steering committee. The document also highlights ABB's goals for 2025 and 2030 regarding the coverage of high-risk supply spending and the tracking of risk reduction metrics. It notes that suppliers who do not meet sustainability standards may face contract termination.