Purchasing

In 2012 the Group purchased goods and services for SEK 211 billion, including direct material for SEK 101 billion. Since 1996 the Volvo Group has gradually increased requirements on suppliers regarding environmental issues, business ethics and social responsibility aspects.

The CSR requirements on suppliers are based on the principles contained in the Group’s Code of Conduct and international norms of behavior such as the United Nations Global Compact.

The Volvo Group responsible sourcing program aims to manage risk, promoting responsible behaviour and building long-term relationships with suppliers to improve social, environmental and business ethics in the supply chain. The CSR requirements on suppliers are based on the principles contained in the Group’s Code of Conduct and international norms of behavior such as the United Nations Global Compact.