Value chain

The financial sector plays a key role in economic prosperity and in providing fundamental services and opportunities for citizens, companies and organisations, both directly and indirectly. Indirect impacts arise in the supply chain from investing, financing and non-life insurance claims services.

We take account of risk management, data security and responsibility aspects at all stages of our value chain. OP’s centralised procurement is in charge of procuring the most important products and services within the Group. We expect product suppliers and service providers to conform with OP's Corporate Social Responsibility supplier requirements, OP Financial Group’s General Procurement Terms and Conditions, Code of Business Ethics and any applicable legislation and international agreements.

In addition to the financial sector, OP is also engaged in the health and wellbeing business. The health and wellbeing business is not described in this value chain.