People and Society

A crucial part of how we work to ensure accountability is our framework for conducting due diligence assessments. Ultimate Nordic follows the Dalema Group's overarching guide for due diligence in the purchasing and production of our own brands. This framework is based on the UN's Guiding Principles on Business and Human Rights (UNGP) and the OECD Guidelines for Multinational Enterprises.

Our work with due diligence is rooted in the organization, and we have clear rules on how we should work towards responsible business practices. Our ethical guidelines for suppliers, which are part of our purchasing agreements, set clear directions for how suppliers should behave, and we have also established procedures for assessing and approving suppliers.

Our supplier management platform Worldfavor provides us with a complete and risk-classified overview of our supply chain. This makes it easier to direct efforts where the risk is greatest and to implement measures that reflect the challenges we actually face in each case. Data is collected from the suppliers' own responses to our questionnaires, reports from audits carried out by our sister company Opal Trading, and insights from third-party audits (e.g., amfori BSCI). Our supplier management platform is also available to our suppliers, so that they themselves can gain insights and work on improvements in their operations.