Accell Group Policies

Accell Group have various policies accessible to all Accell employees. The aim is to embed those policies in the daily business practices of the company. Legal compliance and ethical business practices are at the core of Accell Group.

Examples of such policies are: 

• Competition Law Compliance 
  To make sure that we comply with legal competition rules which are designed to ensure that competition across all our markets is not restricted. The policy includes anti-competitive arrangements, prevention of abuse of a dominant position by imposing excessively high or low prices that seek to eradicate competitors, and discrimination between customers without justification, for example, refusal to supply.
  
  
• Anti Bribery and Corruption
  To prevent bribery of suppliers, civil servants or other officials and to prohibit offers or acceptance of invitations, payments, services, or gifts that could be considered to be bribery.
  
  
• International Trade Laws
  Accell Group is committed to the highest standards of compliance with International Trade Laws and to maintain a comprehensive risk-based international trade compliance program. This includes strong governance and effective internal controls and procedures to comply fully with applicable legal requirements and regulatory guidance.
  
  
• Speak Up Policy
  Though we strive to conduct our business with integrity and fairness and with respect for the law and our values our employees may one day observe an incident or experience potential concerns that seem to violate the Accell Code of Conduct and/or its policies. Our Speak Up Policy ensures that such concerns can be addressed without any form of fear or retaliation.
  
  

Supplier Framework Agreements

Accell supplier agreements are based on a framework purchase agreement and integrated annexes. This framework sets forth the right and obligations of the parties.

For instance, the supplier must undertake to comply with all applicable laws, regulations, rules, ordinances and standards etc. applicable to the manufacture, transportation, export, import, distribution and sale of the products as contemplated in the framework purchase agreement and any purchase order.

Furthermore, the supplier undertakes to comply with the Accell Code of Conduct for Suppliers which is in compliance with the World Federation of Sporting Goods Industry (“WFSGI”) code of conduct, the international labour standards outlined in the relevant conventions of the International Labour Organization (“ILO”), and the UN Declaration of Human Rights.

Examples of supplier requirements are:

• Ensure that its contractors and suppliers adhere to the Accell Code of Conduct.
• Operate in full compliance with national and local laws, and rules and regulations relevant to its business operations.
• Comply with applicable employment standards, labor, non-discrimination and must recognize and respect internationally human rights legislation.
• The supplier does not resort to using persons at an age younger than 15 (or 14 where the law of the country of manufacture allows) or younger than the age for completing compulsory education in the country of manufacture where such age is higher than 15, for any operation whatsoever.
• Recognize and respect the rights of employees to join employee organizations and associations of their own choosing, and to bargain collectively, without interference, discrimination, retaliation or harassment.
• The supplier must make sure that the work environment is safe, clean and wholesome and that it takes adequate measures to avoid accidents, bodily injury and injury to health arising out of, linked with, or occurring in the course of work or as a result of the operation of employer facilities.
• Provide wages that comply with all applicable laws and regulations or that are in line with the prevailing local manufacturing or industry rates, and the individual’s employment contract or other applicable contract or collective agreement.
  
  

Supplier Environmental Protection

The Accell Group requires its suppliers to have environmental commitments and operating standards comparable to our own. Therefore, the supplier must comply with all applicable laws and regulations in respect of protecting the environment and make sure it obtains the valid required environmental permits for its business operations. The supplier must maintain procedures for notifying local authorities in the event of an environmental accidents resulting from the supplier’s operation.

The Supplier must aim for progressive improvement in its environmental performance, not only in its own operations, but also in its relationships with partners and subcontractors. This includes:

• Integrating principles of sustainability into business decisions.
• Responsible use of natural resources such as land, soil, energy and water.
• Reducing, minimizing and avoiding pollution and waste including solid, liquid and atmospheric conditions.
• Designing and developing products, materials and technologies according to the principles of sustainability.
• Encourage environment friendly technologies implementing sound live-cycle practices and voiding adverse effects on the community.
• Commits to reducing its carbon footprint in accordance with the applicable standards. 
  
  

Cycle Service Nordic

We aim to establish partnerships and cooperate with suppliers and companies that prioritize incorporating social and environmental considerations into their business practices and engagement with stakeholders.

Furthermore, we continuously endeavor to broaden our efforts in generating value for our surroundings, acting responsibly towards society, engaging in environmental initiatives, and meeting all legal obligations. To achieve these goals, we have identified various areas of focus and implemented specific measures.

Examples of this are:

• General optimization of electrical usage using 100% renewable electricity at our Nordic premises.
• Introduction of waste sorting at our facilities.
• Implementation of LED lightning in our buildings, utilizing automated on/off clocks, efficient power charging of warehouse truck batteries.
• Reuse of cardboard as packaging material for dispatching goods.
• Replacement of fossil fueled company cars with plug-in or fully electric vehicles. 
  
  

Trust and Sustainability

By focusing on ESG areas and implementing targeted measures, we are dedicated to achieving our ambitions, make a positive impact in our industry and to act as a trustworthy business partner.

If you want further information or have any questions, you are welcome to contact us. 

Last updated: March 2024 | Version: 2.1