Utilising supply base optimally Caverion’s procurement is based on a category management model centrally led on operating country and group levels covering both direct and indirect materials and services. Our procurement organisation is built on multi-skilled professionals working in a matrix environment in both project and service businesses. Economies of scale are captured by utilising group-wide best practices and purchasing from the best suppliers across Caverion's geographic footprint following common procedures. Caverion has several common suppliers serving the demand throughout our operating countries. A major part of purchasing is done locally in our operating countries using selected suppliers. We value close location of our suppliers and their ability to react rapidly to changing business needs. As a result, the majority of our suppliers are located in the countries in which Caverion is operating.
Business ethics in supplier relationships
Caverion aims to build long-term relationships with its suppliers. All suppliers are treated equally and honestly following applicable laws and regulations. We do not tolerate any form of bribery or other illegal payments in the relationships with our suppliers. We regularly evaluate our suppliers, follow their performance, and assess potential risks. Caverion utilises a separate Supplier Code of Conduct with its suppliers. The Supplier Code of Conduct is available on our web site. The major part of purchasing is done locally. According to the Supplier Code of Conduct, suppliers, subcontractors, and other business partners shall: ° Respect human rights arising out of international treaties, in particular the United Nations’ Universal Declaration of Human Rights; ° Comply with fundamental conventions as defined by the International Labour Organisation; ° Ascertain that its own suppliers comply with requirements that meet or exceed the requirements laid down in Caverion’s Supplier Code of Conduct.