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NAVEX ESG™ Responsible Supply Chain

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Datasheet
NAVEX ESG™ Responsible Supply Chain
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About this Datasheet

Third parties can pose a risk to your ESG objectives. Especially as global supply chains grow in complexity. Are you looking to hold your suppliers to a high standard of responsibility? Doing so helps mitigate risk, protect your brand, and drive social impact across the globe.

  1. For anyone responsible for:
    ESG reporting, responsible supply chain management
  2. With NAVEX ESG's Responsible Supply Chain Management:
    • Assess your supply chain
    • Simplify compliance and audit activities

Let us evaluate your compliance program to understand what you’re doing well and what you can improve

Read the Datasheet

Supply Chain ESG Risks Impact Your Business

Third parties can pose a risk to your ESG objectives. Especially as global supply chains grow in complexity. Are you looking to hold your suppliers to a high standard of responsibility? Doing so helps mitigate risk, protect your brand, and drive social impact across the globe.

NAVEX ESG helps you maintain a responsible and ethical supply chain:

  • Consolidate supplier outreach with custom and templated surveys
  • Score and compare suppliers risk profile based on responses
  • Ensure compliance to human rights and labor regulations
  • Drive action to mitigate risk and find opportunities for improvement

Supply chains ethics are complex, we make it easier

NAVEX ESG lets you easily import your suppliers’ information including their location, and their points of contact to keep track of your supply chain. You can gain a better understanding of supplier performance across social impact, diversity, and environmental KPIs. Supplier status is consolidated into a single view, so you know who you’ve reached out to, who’s responded, and who has signed the relevant policy documents.

To ensure compliance, you can survey suppliers according to laws governing Fair Business Practices, Fair Wages, Anti-Human Trafficking and Child Labor. You can centralize assessment answers, corrective actions, and escalations.

Ultimately, you will obtain a clear view of which suppliers are High, Medium, and Low Risk, and the areas in which risks and opportunities for improvement live.

Choose a solution that addresses the ESG value chain

  • Non-specialized ESG software providers want you to create your own system
  • Manual spreadsheets lack efficiency and dynamic analysis ESG management requires analysis and action, not systems administration
  • You need software that is data-ready to provide you a roadmap for action
  • NAVEX ESG is designed by long-time experts in sustainability, risk, and compliance
  • Innovation across ESG, GRC, and Risk Management is a focal point our strategy

Mitigate supplier ESG risks

Across many industries, supply chain management constitutes a financially material ESG risk. Are you doing what you can to address these risks? Understanding supplier impact on the environment and local communities is rising in importance for ESG teams and risk management.

You need to know how suppliers adhering to environmental or social standards, non-conformance rate, and the corrective actions you need to take to reduce material ESG risks in your supply chain. NAVEX ESG makes it easy by consolidating supplier contact information, planning outreach via survey, and analyzing responses to give you a clear view of risk.

Innovate Your Approach to GRC, Risk, and ESG

The NAVEX One platform enables you to create a modern governance, risk, and compliance (GRC) program. One that helps you manage risks across the spectrum of legal, business, sustainability, and employees. NAVEX ESG is a core component of your modern GRC strategy and can be used to help develop a holistic program that mitigates risk and creates value.

About NAVEX

NAVEX’s GRC software and compliance management solutions support the integrated risk, ESG and compliance management programs at more than 13,000 organizations worldwide.