Challenge # 3: Ensure Sustainability
Consumers, stakeholders, and governments are focusing on sustainability. They require consumer goods companies to observe environmental, social, and governance standards in their network
Challenge: Consumers are pushing for the consumer goods industry to become more transparent and sustainable. Other stakeholders – investors, suppliers, and legislators – also expect manufacturers, along with their supply and distribution chains, to be guided by the principles of sustainability and fair working conditions.
The riskmethods Solution provides you the visibility you need to manage sustainability along your end-to-end supply network:
- Continuously monitor your supply network for environmental, social, and governance (ESG) risks. You can take immediate action on violations, and protect your reputation
- Get risk profiles for all your business partners on sustainability and compliance indicators such as human rights. Take proactive measures to ensure your supply network is aligned with your sustainability goals
- Understand where you’re sourcing your materials from by visualizing your suppliers, vendors, third parties, customers, and supply paths on a world map. Having assurance that your supply chain is compliant and observes corporate social responsibility (CSR) creates marketable value