white papers

360 Watch & Live News Brochure

Issue link: https://resources.ecovadis.com/i/1108906

Contents of this Issue


Page 0 of 1

360° Watch Findings are incorporated into the EcoVadis methodology Live News keeps you updated between assessments A key distinguishing element of EcoVadis' sustainability monitoring platform is the integration of external inputs to augment company-provided documentation and data sources. Laws and regulations such as FCPA in the US, Sapin II and the UK Bribery Act have made companies even more liable for knowing about sustainability infractions, yet the information is difficult to uncover, anticipate, and manage on your own. EcoVadis 360° Watch Findings and Live News together provide the essential intelligence and monitoring inputs, both during and between assessments: 360° Watch Findings comprise the 360° Management Indicator of the EcoVadis methodology and help collect stakeholder inputs that may impact a company's score. 360° Watch Findings combine Artificial Intelligence with human analysis to identify the most relevant stories within the past five years, both positive and negative, collected from over 100,000 public sources (listed below). This is augmented by data from the Global Regulatory Information Database (GRID™) through a partnership with Regulatory Datacorp. 360° Watch Findings are analyzed and integrated as part of the EcoVadis Rating, and are displayed in the scorecard. It has never been more critical for companies to stay up to date for quick response to any violations and negative NGO and press coverage. In between assessments, stories related to your trading partners' sustainability performance continue to be gathered in the form of Live News. Powered by the same smart engine as 360° Watch Findings, Live News stories are automatically reviewed and verified by EcoVadis analysts. Live News does not impact the current rating of a company. However, when a company is reassessed, archived Live News is used to complement 360° Watch Findings. Site audits, workers voice, proprietary databases Policies, Actions, Results NGOs, trade unions, judicial authorities, gov't sanc- tion lists, international organizations, social media C o m p a n y Ma n a ge m e n t S y s t e m S t a ke h ol d er s Th ir d - P a rt y P ro f e s si o na ls 360° Watch Findings & Live News

Articles in this issue

view archives of white papers - 360 Watch & Live News Brochure