New Wave Group AB CSR_2018_ENG | Page 15

A B C D E F Outstanding Good Acceptable Insufficient Unacceptable Zero Tolerance The amount of Amfori BSCI-audited suppliers has continued to grow on an annual basis, in line with our goals and expectations. Since AmforiBSCI enables companies to co-operate, it has rapidly become an acknowledged membership and an investment in the eye of the supplier. Currently approximately 80 % of our buying volume through our buying offices. Amfori BSCI is not a certificate. It is an ongoing process and a tool which require commitment from its member in order to succeed. The most important work begins after the audit is completed. For this reason, it is not allowed to use the Amfori BSCI logotype as a product certificate or to promote special products by indicating factory compliance in relation to Amfori BSCI. The Amfori BSCI logotype should only be used to indicate membership of brands. OTHER IMPORTANT INITIATIVES New Wave Group is one of the respectable companies that have signed the Accord on Fire and Building Safety in Bangladesh. The Accord is a legal agreement to improve the safety of textile factories in Bangladesh, with focus on building construction, electrical- and fire safety. All suppliers of New Wave Group have been inspected and we have now entered into the remediation process where all findings must be corrected. We are happy to be part of the initiative and witness the solid improvements taking place on the factory floor. The Ready Made Garment industry is very important to the Bangladeshi economy and the single biggest export income. The Accord directly affects two million workers, making it one of the greatest social initiatives in modern time. “The biggest strength of New Wave is that we treat our suppli- ers as partners. Suppliers know there is always an extended hand, which enables us to have a sincere commu- nication. There is still much work to be done in Bangladesh, and we accept the challenge step by step.” MIZANUR RAHMAN Works as the CSR-manager for New Wave group in Bangladesh. He has worked over 20 years in the industry and is accredited Amfori BSCI-auditor Pa r ti cipa nt of BS CI In January 2018, BSCI changed the name to Amfori! The new name is a part of the launch of a new ambitious strategy called ”Vision 2030”. NEW WAVE GROUP / CSR | 15