SUSTAINABILITY
“ Companies struggle to ensure even top-tier suppliers are complying with every new regulation ”
JULIA SALANT , GENERAL SOLUTION MANAGER , CARBON , ECOVADIS
Technology providers are equipping companies with the platforms , tools and analytics needed to :
• Design , monitor and enhance the due diligence process
• Map their entire supply chain
• Obtain real-time alerts from grievances and media insights
“ To do due diligence properly , one needs a technology and analytics platform that enables real-time monitoring , benchmarking and the mitigation of ESG risks ,” says Franklin .
He adds that although many companies do collect data from their suppliers and operations they are storing this information in PDFs , Word documents and Excel files .
Supply chain intelligence platforms , like that of LRQA , deliver actionable insight to enable end-to-end supply chain ESG due diligence .
“ It helps you understand your own supply chain as well as identify , prioritise and manage risk to drive business performance and meet regulatory requirements ,” Franklin explains .
He adds : “ But even in the world of generative AI many of the risks and insights
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