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ESG Supply Chain Audit

Supply Chain Audit

What is a Supply Chain Audit?

A Supply Chain Audit is an assessment of all the operations that make up a business’s supply chain. It will identify weaknesses including bottlenecks, disruptions, unmet customer expectations and any other inefficiencies that impact the bottom line or the environment.
 
The Key Benefits are:

  • Supply Chain Auditing is crucial for an accurate understanding of environmental impact, quantification, and precise reporting of Scope 3 emissions.
  • A granular understanding of Scope 3 emissions is essential for businesses striving to meet Net Zero obligations, allowing them to identify sources of emissions, implement mitigation strategies, and shift towards sustainable practices.
  • Accurate calculation of Scope 3 emissions and implementation of carbon reduction measures enhances a company’s reputation amongst stakeholders, attracts green investment, ensures compliance with environmental regulations, and supports the journey towards Net Zero. 

Best of all, a Supply Chain Audit is the first step in making sustainability self-funding. How? Our data scientists know how to analyse your purchase ledger and supplier lists to identify carbon-based savings opportunities. 

We’re so confident in our approach that we offer it on a “No Win / No Fee” basis.

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Supply Chain Auditing Mitigates your ESG Risk:

  • A robust sustainability audit is vital for managing ESG risks within supply chains; without it, businesses expose themselves to unlimited environmental, social, and governance risks. 
  • Unregulated supply chains can lead to environmental hazards such as excessive carbon emissions, waste, and harmful disposal methods, contributing to climate change and potential regulatory penalties, reputational damage, and operational cost increases.
  • Social risks, such as labour exploitation and poor working conditions, can go unchecked without audits, leading to legal repercussions and significant damage to a company’s reputation and customer trust.
  • Supply chains without regulation can harbour governance risks like corruption, lack of transparency, and non-compliance with regulations, jeopardising a company’s operations and sustainability.

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