ABB prioritises suppliers to participate in the programme according to a risk matrix, which includes criticality of the supplier, country risk, commodity risk based on operations characteristics, and spend volume. The selected suppliers receive training about ABB’s global requirements regarding sustainability standards and on practical ways to improve their performance. They then conduct sustainability assessments at the suppliers’ premises to identify remaining gaps and help suppliers to develop improvement plans. After that, they assess the timely implementation of these plans.
Sources:
ABB