Polestar Mimicking Fashion Industry’s Sustainability Approach
Summary
Polestar, a Swedish car company, focuses on making its vehicles and production as environmentally friendly as possible. The company uses a system like the fashion industry’s to check its suppliers, aiming for more fairness and honesty in the supply chain.Key Facts
- Polestar wants to make car development, production, and ownership very clean and sustainable.
- The company audits its suppliers and partners to reduce corruption and problems in the supply chain.
- Metals and minerals used in cars often come from countries where corruption is common.
- Polestar uses third-party audits, meaning independent groups check suppliers, and results can be shared with many customers to reduce repeated checks.
- This audit approach is inspired by the fashion industry’s way of working on sustainability.
- Currently, Polestar audits 45% of its suppliers, focusing on those with the highest risk of negative impact.
- The company aims to audit all suppliers eventually but has no fixed deadline for this goal.
- Audit results are shared openly in Polestar’s yearly sustainability report, showing environmental impact per vehicle.
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