Corporate social responsibility is something we work on every single day in accordance with our ethical guidelines. These apply to both our own employees and suppliers of goods and services all over the world. The Act, which came into force on 1 July 2022, is therefore a natural continuation of the work BAMA is already doing.
BAMA is committed to sustainable production and ethical trading. All our suppliers therefore undertake to follow BAMA’s Code of Conduct.
We monitor our suppliers regularly through visits and risk-based audits.
Broadly speaking, this is the rule for everyone we partner with. In addition to compliance with national laws and regulations, we require suppliers to ensure that the environment, working conditions and social rights are safeguarded as well as possible. We employ long-term cooperation agreements to do business with well-established suppliers who undertake to deliver on HSE, working conditions, social rights and environmental protection.
BAMA carries out annual risk assessments for all the products and countries we do business with. These are then used as the basis for due diligence assessments. The risk map covers all BAMA’s products, sorted by country. The assessments include both matters of relevance to the Transparency Act (fundamental human rights and decent working conditions) and environmental risk.
BAMA is a member of Ethical Trading Initiative Norway (IEH) and our annual report to them satisfies the requirements set out in the Transparency Act.