Sustainability Report 2021 | Page 16

16 Towards a sustainable GRI index profitability
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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 .
NEW WAVE GROUP ’ S PRODUCTION COUNTRIES
Based on number of factories . Previous year in parentheses .
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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 . We always aim to have an open dialogue with our suppliers and discover potential issues in time . Having good suppliers is key for our business and we depend on their business operations as much as they depend on ours . Hence , we
DISTRIBUTION PER PURCHASE OFFICE
Based on purchasing volume , previous year in parentheses .
LOCAL PRESENCE
Our own four purchasing offices in China , India , Vietnam and Bangladesh 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 .
care about the situation on the factory floor and that the suppliers are treating their workers with respect and according to law .
In 2021 , New Wave Group had production in 31 countries . The majority of the factories are located in China . 87 % are located in risk countries according to amfori BSCI ’ s definition : Bangladesh , Bulgaria , Cambodia , China , Egypt , Ethiopia , India , Korea , Myanmar , Pakistan , Romania , Sri Lanka , Taiwan , Thailand , Turkey and Vietnam .
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PURCHASING OFFICES
1 . China 74 % ( 73 %) 2 . Bangladesh 20 % ( 16 %) 3 . Vietnam 4 % ( 8 %) 4 . India 2 % ( 3 %)
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PRODUCTION COUNTRIES
1 . China 66 % ( 67 %) 2 . India 5 % ( 4 %) 3 . Bangladesh 4 % ( 4 %) 4 . Portugal 3 % ( 2 %) 5 . Turkey 3 % ( 2 %) 6 . Pakistan 2 % ( 2 %) 7 . Myanmar 2 % ( 1 %) 8 . The Netherlands 2 % ( 3 %) 9 . Vietnam 2 % ( 2 %) 10 . Germany 2 % ( 2 %) 11 . Poland 2 % ( 2 %) 12 . Other 8 % ( 7 %)
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