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Social responsibility in a global supply chain
New Wave Group shall work to ensure that we , our suppliers and partners respect human rights and international conventions for good labor conditions . This means actively set requirements and support suppliers as well as ensure that resources are deployed where they are needed to comply with the New Wave Group Code of Conduct . Here we will tell you more about our work to improve working conditions in the global supply chain .
OUR PRODUCTION COUNTRIES Most of our products are produced by external suppliers , mainly located in Asia . We are aware of the responsibility that comes with sourcing goods in countries which have not come as far as Sweden when it comes to working conditions and environmental issues . Many challenges in developing countries can be related to poverty and lack of welfare systems . Through visits and supplier dialogue we build trustful relationships to be able to discover potential non-compliances in time . The visits are not only made by our CSR staff , but also Merchandisers and Quality Controllers employed at the purchasing offices . Thus , we have several employees who are
LOCAL PRESENCE
Our own five purchasing offices in China , India , Vietnam , Bangladesh and Egypt are an important part of our social and environmental responsibility in the supply chain . Local presence makes it easier to visit , support and train our suppliers in sustainability questions . The biggest strength of New Wave Group is that we have our own CSR staff on site working full time with these tasks . Based on purchasing volume , approximately 80 % of the Group ’ s purchases in risk countries are made through the buying offices . continously out at the factories .
Having good suppliers is key for our business and we depend on their business operations as much as they depend on ours . Hence , we care about the situation on the factory floor and that the suppliers are treating their workers with respect and according to law .
In 2023 , New Wave Group had production in 36 countries . The majority of the factories are located in China . 86 % are located in risk countries according to amfori BSCI ’ s definition .
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PURCHASING OFFICES
Based on purchasing volume . 1 . China 62 % 2 . Bangladesh 19 % 3 . Egypt 8 % 4 . Vietnam 7 % 5 . India 4 %
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NEW WAVE GROUP ' S PRODUCTION COUNTRIES
Based Based on purchasing volume 1 . China 43 % 2 . Bangladesh 15 % 3 . Myanmar 14 % 4 . Vietnam 5 % 5 . India 4 % 6 . Egypt 4 % 7 . Turkey 3 % 8 . Romania 2 % 9 . Kenya 2 % 10 . Slovenia 1 % 11 . Other 8 %
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