Heimstaden is a signatory to the United Nations Global Compact and its ten principles in the areas of human rights, labour, the environment, and anti-corruption. We require our suppliers to abide by the principles of the Compact and our Business Partners Principles forms the basis for our supplier relationships across the supply chain.

We purchase annually goods and services for hundreds of millions of euros. By using structured, transparent and fair purchasing procedures, we create value that benefits our customers, society, and the company.

When choosing a supplier or purchasing directly or indirectly goods and services, we:

  • follow recommendations, processes and framework agreements established by our purchasing department.
  • choose suppliers who meet our requirements and are socially, financially, and ecologically sustainable.
  • find new ways to work with purchasing, collaborating with suppliers who actively challenge our conventional working methods, which helps us develop and improve.
  • ensure that our suppliers follow our Business Partner Principles. 
  • choose the solution that results in the lowest total cost of ownership, meets our quality standards, and ensures timely delivery.
  • coordinate and plan our purchases to maximise the synergies and benefits made possible by our purchasing volumes.
  • take into account the opinions and preferences of our customers and employees.