Value for Sustainable Suppliers
Bufab has as vision to become a Sustainable Leader in its industry.
We offer value to customers but also to our suppliers in the form of training, guides, and benefits of Sustainability. This helps Bufab and suppliers build commitment, exchange knowledge and find sustainable business opportunities.
Requirements
At Bufab we are committed to promoting sustainable practices throughout our supply chain based on environmental, social, and governance (ESG) principles.
Moving forward we believe that a set of requirements can further clarify our needs. As one of our valued suppliers, we believe that your expertise, involvement, and commitment would be invaluable in finding more sustainable solutions.
See link for our requirements.
Sustainable Supplier Engagement Program (SSEP)
These steps replicate what Bufab has done internally, and we share it with our suppliers to follow the same. Current focus of SSEP is GHG emissions according to SBTI, GHG Protocol and SDGs. Engagement program will add more elements for learning as needed e.g., supply chain due diligence.
Set Baseline
The aim is to set a baseline (this includes sharing among participants in the program, guidelines, checklist templates, best practices and training).
Set Targets
Once a baseline is set then targets in place. For GHG to reduce 5,5% CO2eq emissions every year until 2031.
Implement
To reach the targets, actions will be implemented according to different categories.
Scope 1, 2 and 3 targets
In our effort to address current environmental challenges, in 2021 we committed to the Science-based target initiative (SBTi) to account and reduce Greenhouse Gas (GHG) emissions.
Our Scope 1 and 2 targets are to reduce our emissions to 0% by 2030.
Our Scope 3 target is to reduce our emissions by 55% by 2031.
Sustainable Development Goals
The Sustainable Development Goals (SDGs) were established in 2015 by the United Nations.
These goals represent the global community’s effort to end poverty, fight inequality and injustice, and tackle climate change.
Highlighted you can see the most relevant goals for Bufab.
SSEP has many benefits
Sustainable sourcing incentives
We will have a “wall of fame” for best suppliers that will give you more business.
Bufab is planning on an own eco-label based on supplier performance, hence we can showcase your items as more sustainable in our new Bufab webshop.
Simplify sustainability
- Be a part of Sustainable leadership and increased reputation.
- Increased knowledge in sustainability.
- Better structure and communication regarding Sustainability.
- Increased contribution to overall Sustainability.
Secure legal obligations
Be ready for current and upcoming regulation compliance:
- CBAM
- Supply chain due diligence
- Conflict minerals
Improve your sustainability
Quality data will help you visualize cost reductions. You can realize cost savings from actions on energy efficiency, recycling, better technologies
Gain experience towards ISO 14001 and ISO 50001