Responsible supplier management

Fiskars Group is building a strong supplier network that can meet our business needs, as well as our corporate values and expectations regarding social and environmental requirements.

We use a variety of raw materials, components and services to create our extraordinary products and bring them to consumers. We utilize a balance of our own, as well as external manufacturing for finished goods. Carefully managing the sourcing and purchasing is incredibly important in building a sustainable business.

Fiskars Group sources finished goods from suppliers located in Europe, North America and Asia, and the biggest sourcing countries are China, Thailand and Vietnam.

Supplier sustainability audit program

Fiskars Group established a supplier audit program in 2011, and it has been continuously developed since then. The decision to conduct an on-site audit is based on a risk assessment that takes into consideration the country risk, the size of the business and the industry. All suppliers in risk countries are audited on-site by Fiskars. Fiskars Group has a professional team of four auditors that perform audits in the Far East and Southeast Asia. In addition, we use third party audit services to complement our own audits when needed.

An audit consists of document reviews, factory tours, and workers’ interviews. Questions are divided into three levels of significance (zero tolerance, normal, advanced) and results are expressed as a percentage score.

During 2019, we audited 37% (2018: 44%) of all active finished goods suppliers under global sourcing. Since the beginning of the Fiskars Group Auditing Program in 2011, we have conducted approximately 550 on-site supplier audits and closed over 160 zero tolerance cases. We further extended our supplier risk assessment to cover second-tier suppliers in 2017.