Corporate supply chains are bigger and more widespread than ever. With open markets enabling materials and production to be sourced across the globe, companies now rely on thousands of third parties to help them generate their bottom line. Doing business with a large portfolio of third parties comes with new levels of emerging risks, many of which are increasingly difficult to understand and gain visibility into.
Environmental, Social and Governance (ESG) risks are amongst those that have become difficult to pinpoint – and more prevalent now than ever. Procurement and compliance professionals are under pressure to implement ESG criteria into their third-party assessment policies, and due diligence process.
Our ESG services and information allow companies to assess and track their business partners’ ESG performance and activities. Each type of service has its purpose:
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