×

Enter Details to View Content

First Name
Last Name
Company Name
Global Annual Revenue
Industry
Job Title
Country
Opt-In to Receive Information from EcoVadis
Thank you!
Error - something went wrong!
   

Upgrading Sustainable Procurement: From Self-Declared Data to Intelligence and Value Creation

July 20, 2020

The Overwhelming Case for Supplier Sustainability Ratings Compared to Self-Assessment Questionnaires

As stakeholder demands grow, and supply chain sustainability risks proliferate across all industries, adapting from old ways of assessing and engaging suppliers has become a priority challenge.

Leaders’ sustainable supply programs are going beyond risk management to encompass resilience, value creation, and positive impact.  

Moreover, with the recent COVID-19 crisis causing on-site audits to be cancelled, this has accelerated the already growing trend for “remote/digital” assessments of trading partners to become one of the most widespread practices in the management of suppliers’ ethical, social and environmental risks. 

This paper reviews the comparison between “self-assessment questionnaires” and a “performance-based” approach based on verified sustainability ratings, integrating into a broader framework that creates more value - and thus engagement - for suppliers, and long-term shared value for all.

Previous Item
Sustainable Procurement Solution Brochure
Sustainable Procurement Solution Brochure

The demand for more transparency also presents an opportunity - to go beyond compliance and leverage sustai...

Next Item
SAP Ariba-EcoVadis Sustainability Ratings
SAP Ariba-EcoVadis Sustainability Ratings

Manage Risks, Reduce Costs and Create Value Directly from Your SAP Ariba System