New Wave Group Sustainability Report 2023 | Page 37

37 GRI
Disclosure Comments Page
GRI 408 : Child Labor 2016
408-1
Operations and suppliers at significant risk for incidents of child labor
An increased risk for incidents of child labor lays further down in the supply chain , where the control is limited .
GRI 409 : Forced or Compulsory Labor 2016
409-1
Operations and suppliers at significant risk for incidents of forced or compulsory labor
An increased risk of forced or compulsory labor lays in the product supply chain , in particular factories and subcontractors in risk countries .
GRI 414 : Supplier Social Assessment 2016
3-3 Management Approach 414
The assessment of social aspects of supplies is a challenge , not just for us but for the entire industry . All suppliers acknowledge the Code of Conduct as part of the Business Agreement and an assessment of social aspects must be done before the first purchase order . The assessment is done either through self-assessment , an internal audit or a third-party audit ( amfori BSCI or equivalent ). Our goal is to include all our suppliers located in risk countries in amfori BSCI or an equal monitoring system .
SR p . 25-27
414-1
New suppliers that were screened using social criteria
SR p . 17
414-2
Negative social impacts in the supply chain and actions taken
SR p . 15 , 25-27
Own indicator
Percentage of Bangladesh suppliers who conducted fire and safety inspections under the International Accord
100 % of New Wave Group ’ s suppliers in Bangladesh have conducted fire and safety inspections under the International Accord for Health and Safety in the Textile and Garment Industry , previously Accord on Fire and Building Safety in Bangladesh .
GRI 416 : Customer Health and Safety 2016
416-1
Assessment of the health and safety impacts of product and service categories
100 % of New Wave Group ’ s products are assessed for health and safety improvements , for example in the case of chemicals .
Own indicator
Voluntary requirements
New Wave Groups Restricted Substance List is on many points more extensive than legal requirements .
GRI 417 : Marketing and Labeling 2016
417-1
Requirements for product and service information and labeling
New Wave Group base requirements on current legislation and industry standards / agreements regarding information and labeling .
417-2
Incidents of non-compliance concerning product and service
No incidents reported during the year .