Stovax Heating Group Limited and its subsidiaries, hereinafter also referred to as the “Stovax Group” respect and work in line with internationally proclaimed human rights principles and ensure that the Company does not abuse any part of such principles.
Outlined in our parent Group, NIBE AB’s policy documents ‘Our Values’, our Business Principles and Supplier Code of Conduct for Business Partners, our commitment to human rights includes the following; –
Forced labour, including debt bondage, trafficking and other forms of modern slavery is not accepted in any of Stovax’s businesses.
We don’t engage in, or support the use of forced labour, nor shall any Employee be required to deposit identity papers at the start of employment.
The Stovax Group is owned by NIBE Industrier AB. NIBE has been a signatory to the UN Global Compact since 2014. In addition to this, NIBE’s ‘Our Values’ documents stand as a general endorsement of the following Human Rights frameworks and charters: –
Stovax Group holds both ISO 9001 and ISO 14001 Certificates.
Expectations on our Business Partners
At Stovax we are committed to responsible business, wherever we operate, and we rely on the same level of commitment from our business partners. We insist that our business partners not only communicate the principles of the documents ‘Our Values’ and “Supplier Code of Conduct” to their Employees and sub-contractors, but also ensure that their Employees and Sub-Contractors respect them. In doing so, we are seeking to ensure that their Employees and sub-contractors respect them. In doing so, we are seeking to ensure that everyone associated with Stovax demonstrate integrity, responsibility and trust. Our business partners, their Employees and sub-contractors must, at all times, comply with ‘Our Values’ and ‘Supplier Code of Conduct’ or similar principles, with all applicable laws and regulations with their contractual obligations to Stovax.
Social Requirements on Suppliers
Stovax’s sustainability requirements on suppliers are formulated in our ‘Terms and Conditions’ for Suppliers and in our ‘Supplier Code of Conduct’.
Ensuring Supplier Compliance
Legal documents and requirements on our suppliers are distributed as part of the sourcing process. To manage the environmental and social responsibility of its supply chain Stovax work with questionnaires for self-assessment and evaluation tools and audits of its supplier base. We report on these to our holding company and NIBE AB reports details of its value chain in the Annual Report and in The Global Reporting System report.
Training
To help ensure that our Employees properly understand the behaviours and ethical standards we require across the Company, all Employees with responsibility for supplier relations and those undertaking audits, are trained in Risk Management, including how to perform risk assessments and the use of our risk assessment guidelines, and specifically on our Responsible Sourcing Frame and assurance system.
Grievance Mechanisms
Everyone working at Stovax, should be comfortable raising questions or concerns about ethical issues or cases of non-compliance. We support a culture of openness, integrity and accountability. Stovax offers the possibility to report serious violations of ‘Our Values’ and ‘Supplier Code of Conduct’ through our Grievance Policy or Whistle Blowing Policies, full details of which are included in individual Employee Handbooks.
Alistair Compton
Group Managing Director
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