Code of conduct for suppliers

According to Arion Bank’s Environment and Climate Policy the Bank requires its suppliers to take into account the environmental and climate impact of their activities. When choosing between two similar offers from suppliers, environmental and climate considerations will be decisive in the decision we make. New buying rules approved in the autumn of 2020 take this policy into account, and all the Bank’s main suppliers have been subject to the updated supplier assessment in which they are asked about their performance in terms of equality, labour laws and environmental and climate issues. All new suppliers also undergo this assessment.

The code of conduct for suppliers, which addresses sustainability and social responsibility, was prepared in 2020 and now forms an integral part of agreements between Arion Bank and its suppliers.

Code of conduct for suppliers

By highlighting the importance of sustainability when buying supplies, Arion Bank aims to set an example by doing business responsibly and profitably, while taking environmental and social issues into consideration and creating value for the future.