Our suppliers, subcontractors, agents and distributors all have a crucial role to play in safeguarding our commitment to live by the highest ethical standards.
Atlas Copco is committed to respecting and supporting all internationally recognized human rights and to avoiding complicity in human rights abuses. We work to safeguard human rights and the environment and have a zero tolerance for corruption. We support the UN Global Compact and protect, respect and provide access to remedy with regards to human rights as proposed in the UN Guiding Principles on Business and Human Rights. Atlas Copco’s central guiding policy is our Business Code of Practice, which supports the United Nations International Bill of Human Rights, the The International Labour Organization Declaration on Fundamental Principles and Rights at Work, as well as the The OECD Guidelines for Multinational Enterprises.
We strive to be a good corporate citizen, promoting economic development in local communities through the payment of taxes, pension and social security contributions. See our Annual Report for more information about economic growth and taxes.
Voluntary donations made through our employee-led initiative Water for All (matched two times by Atlas Copco) have so far provided access to clean drinking water to more than 2 million people worldwide. Our Community Engagement and Charity Policy also encourages our subsidiaries to provide material and financial support in the event of natural and humanitarian disasters.
We continuously work with our value chain to protect the business from risks, promote high ethical standards and minimize negative impacts from our operations. We only cooperate with business partners who share our high standards of quality, business ethics and resource efficiency. We evaluate our business partners according to social and environment aspects and through on-site audits.
Significant business partners must commit to follow the Atlas Copco Business Code of Practice by signing our Atlas Copco Business partner criteria. Both documents are available in English or other languages.
We recommend our business partners to take advantage of our e-learning, the Business Code of Practice training for Business Partners.
Atlas Copco maintains lists of substances that are either prohibited or restricted due to their potential negative impact on health or the environment. Compliance with these lists is part of our business partner criteria for evaluating business partners. Substances of concern are substances that may pose a risk to human health or the environment. To ensure Atlas Copco products and processes meet legal and customer requirements, and that exposure to hazardous chemicals and materials is minimized, substances of concern are controlled through our Atlas Copco Prohibited and Declarable list. We make sure that our suppliers live up to our high standards via our dedicated Supplier Quality Assurance teams.
Distinction is made between Prohibited, Phase-out and Declarable substances:
Business partners must check their own compliance using the lists (linked below) and take the following actions:
|Prohibited substances||Phase-out substances||Declarable substances|
|Existing items||DO NOT USE||REPLACE||AVOID/ REPORT IF USED|
|New items||DO NOT USE||DO NOT USE||AVOID|
All substances in the Prohibited list and Declarable list are also contained in an extended list with different filters to make compliance easier for suppliers. We expect our suppliers to adhere to these lists, as well as to any applicable national legislation.