There is a huge demand on the part of investors and consumers for transparency, sustainability and ethically sourced products. This demand translates into companies scrutinising their own performance using ESG metrics as well as assessing their suppliers. Monitoring your suppliers’ performance can help you avoid being exposed to uncontrollable risk or suffering reputational damage and ensure that your partner's’ ESG goals are aligned with your own.
Existing frameworks and reporting initiatives leave it to each company to choose how to evaluate their partners in terms of their ESG performance. Given that up to 90% of your portfolio’s sustainability risk could originate from your supply chain, third parties can pose a significant risk to your own ESG goals.
ESG Bay offers you a FREE supply chain analytics and reporting tool, blending various metrics in universal criteria. An easy to use, reasonably priced tool, will be popular amongst. With us you will be able to collect standardised data on your supply chain, visualise your portfolio's ESG performance as well as demonstrate your own devotion and contribution to the cause by disclosing your own metrics if desired.
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