Annual Report 2023

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Creating tomorrow’s solutions

Key Suppliers

We particularly focus on key suppliers, because they cover more than 80 percent of our procurement volume. At the end of 2023, a valid TfS audit or assessment was available for 90 percent of this group. 79 percent of all key suppliers fulfilled our minimum requirements in the reporting year. Furthermore, over 90 percent committed to complying with our Supplier Code of Conduct during the year under review.

2030 Target: 100 Percent of Our Key Suppliers Meet Minimum Requirements

 

 

 

 

 

 

 

%

 

2023

 

2022

 

2021

 

 

 

 

 

 

 

Key suppliers with valid assessment or audit

 

90

 

86

 

77

Compliance with WACKER minimum criteria

 

79

 

72

 

60