Prepare for the unpredictable. That may seem like an oxymoron to most, but for procurement and supply chain leaders at banks, insurance carriers and other financial institutions – mitigating the unpredictable is part of life. Regulations have stiffened significantly over the past five years, leaving businesses across the financial ecosystem responsible not only for their own behavior, but for the actions and performance of their vendors. Given the typical global bank can easily work with 30,000 – 50,000 suppliers, the complexity (and risk) is significant. Financial institutions have prioritized core third-party risks – such as financial viability and information security -- for years. But what about how a vendor operates and runs its business, and the relationships the vendor enacts on your behalf?
Rich and actionable information for quick benchmark and risk identification EcoVadis' easy-to-use CSR scorecards are the cornerstone of sustainable procurement risk monitoring programs of more than 175 global supply chains.
*Categories based on the first EcoVadis Global Risk & CSR Performance Index - Learn more.
Belron received their first EcoVadis scorecards in 2009 through an insurance client, Axa, who requested they complete the EcoVadis assessment in their local operating companies, including Autoglass in the UK and Carglass in France,Belgium, Portugal, Spain and Germany. From there, they have expanded use across the group as a common standard of performance.
Dashboards to monitor performance of your portfolio by buyer, category, or custom filters. Request assessments, create reports, export data, and engage your team in your risk and performance goals and initiatives.
Shows you - and your suppliers/3rd parties - their performance across 21 CSR indicators in 4 themes: Environment, Labor/Social, Fair business/Ethics, and Supply Chain.