We're building the future of Supply Chain Security. View Roles

19) Does your organisation conduct regular assurance activities against its suppliers to ensure they are operating in line with your own environmental, social and governance policies, including checking that they are compliant with relevant laws and regulations?

August 20, 2021 Environmental, Social and Governance

Answer yes if your organisation conducts regular (e.g. quarterly, annually) supplier assurance to ensure your suppliers meet the same standards of environmental management, social responsibility, and governance that is expected of your organisation, and that they are compliant with all applicable laws and regulations. Describe the nature and frequency of the assurance activities in the notes.

Understanding Environmental, Social and Governance (ESG) risks within your supply chain is critical in understanding your own organisation's overall impact.

Many organisations struggle to gain meaningful data or enter into constructive conversations with their suppliers to understand environmental, social or governance issues, but building good supplier relationships and having robust processes in place can help you achieve this.

How to implement the control:

Risk Ledger is a supply chain management platform, based on a social network model, which allows you to assess and collaborate with suppliers on a variety of risk domains which might be relevant to your organisation, including Environmental, Social and Corporate Governance (ESG).

Contact us at support@riskledger.com to find out more.

If you would like to contribute to this article or provide feedback, please email knowledge@riskledger.com. Contributors will be recognised on our contributors page.

Leave a public comment

Please do not submit your answer on the knowledge base.