Businesses' sustainable development is closely related to stable relationships with vendors and partners and directly affects business development and investor relations. In today's business environment, there is always a pressing need for businesses to build a "green supply chain" to ensure stability. Such governance relies much on collecting and discovering internal and external ESG performance of vendors and partners.
Alpha & Leader's Vendor Due Diligence ESG Reports apply dynamic due diligence procedures to scrutinize financial data and ESG elements (non-financial information). Field investigation, procedural review, and energy consumption appraisal are applied in each assignment to more comprehensively present vendors' and partners' financial and non-financial performance. Clients may also customize their ESG criteria to serve different purposes and agendas.
(1) Compliance with Legal and Regulatory Requirements
Different jurisdictions have rolled out supporting policies to realize carbon peaking and carbon neutrality goals. Businesses are facing challenges in meeting ESG compliance for vendor and partner management. Third-party professional assistance saves cost and time in meeting the requirements.
(2) Growing Demand for Revolutionary Vendor Management Solutions
Traditional vendor management relies solely on financial data. Conventional approaches cannot comprehend vendors' and partners' actual performance without integrating ESG performance elements.
(3) Strategic Business Upgrading
Alpha & Leader's Vendor Due Diligence ESG Service helps upgrade the procurement process of businesses through standardization and digitization the ESG revolution brings.