During 2014, we worked on updating
our Code of Conduct to among
other things better reflect our position
regarding fair living wages, for
example, by stating: “A fair living
wage should always be enough to
meet the basic needs of the employees
and their families, and provide
some discretionary income”. Prior
to the update we gathered vital input
from a variety of stakeholders, includ-
ing unions, suppliers and a variety
of NGOs. We plan to publish the
updated Code and roll it out to all
suppliers in the first half of 2015.
We chose this slightly later date
than originally planned in order to
release the new Code together with
the launch of our new generation
of supplier assessment and thereby
create a stronger impact in our supply
chain.