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:
An innovative, digital platform that facilitates supply chain management and provides independent verification of a company’s ESG disclosures.
Enables companies to collect and manage sustainability information through an ESG self-assessment, complete with evaluation, benchmarks, and guidance on the development plan to be undertaken.
The Synesgy methodology is built on international sustainability standards, including the Global Reporting Initiative, the United Nations Global Compact, the Carbon Disclosure Project, and Taxonomy guidelines and benefited from the collaboration with the Credit Ratings Agency of the CRIF Group.
Transparency, collaboration and sustainability are at the heart of the Synesgy network, to drive companies toward a positive impact on the environment and society and to implement forms of corporate governance based on ethical criteria.