Polestar joins the Responsible Business Alliance
Cars are complex products. As such, each car can be seen as the culmination of countless hours of precise labour; a successful merging of components, technologies, and expertise that enable the manufacture of such intricate machines. The system that realises this culmination is the supply chain.
And chains, famously, are only as strong as their weakest link. In our efforts to create a more sustainable, circular product, we need to insist upon the same throughout the supply chain. If even one link is of a lower standard than its contemporaries, it compromises the entire system. Which is why we’ve become an Affiliate Member of the Responsible Business Alliance (RBA).
Established in 2004 by a group of electronics companies, the RBA (formerly the Electronic Industry Citizenship Coalition) is a non-profit organisation dedicated to supporting the rights of workers and communities affected by global supply chains, as well as continued social, environmental, and ethical improvements.
Additionally, the RBA Code of Conduct is a set of social, environmental, and ethical industry standards to which all members are expected to adhere to.
As an Affiliate Member, we’re throwing our full support behind the vision and mission of the RBA. The vision: a coalition of companies driving sustainable value for workers, the environment, and business throughout the global supply chain. The mission: members, suppliers, and stakeholders collaborating to improve working and environmental conditions, and business performance, through leading standards and practices.
We’re committed to aligning our own operations with the provisions of the RBA Code of Conduct, supporting and encouraging first-tier suppliers to do the same. Wherever possible, we’ll adopt the RBA approach and tools in practical ways, in the spirit of the industry’s common goals.
Complex products require complex supply chains. And these chains are only as sustainable as their least sustainable link.
The End of the Beginning
As of today, June 24th, Polestar is listed on the Nasdaq in New York under the ticker PSNY. This allows us to welcome shareholders, as well as customers, to join our journey towards more sustainable electric performance. This is a confirmation that Polestar has come of age. An end of the beginning. And a beginning of something more.