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Improving Procurement Processes with Veridion ESG Data
How ESG regulations and Veridion data help procurement teams manage risk, compliance, and supplier selection
For procurement teams responsible for supplier ESG compliance and supply chain risk.
Key findings
- ESG regulation is pushing procurement teams to improve supply chain transparency and due diligence.
- Accurate ESG data helps teams manage supplier risk, compliance, and sustainable sourcing decisions.
- Veridion supports procurement with location data, products and services data, ESG news, and commitments data.
- Advanced company screening can help identify lower-risk and lower-carbon suppliers.
Overview
What this report covers
A procurement whitepaper covering ESG market drivers, regulatory pressure, supply chain data challenges, and how Veridion ESG data supports supplier screening and compliance.
90%of a company’s ESG impact comes from its supply chain (McKinsey)
13%of companies can map their entire supply chain (CIPS & Deloitte)
155%rise in global ESG regulations over the past decade (ESG Book)
Inside the report
Questions this report answers
- Why does up to 90% of a company’s ESG impact sit in its supply chain, and how do you measure it?
- Which new ESG regulations now reshape procurement, and what must teams do to comply?
- How do you screen suppliers for forced labor and carbon exposure at scale?
- How did Veridion flag 14 of 49 quartz suppliers as located in Xinjiang under the UFLPA?
- How do you build a resilient, future-ready supply chain on reliable ESG data?
According to McKinsey, up to 90% of a company’s ESG impact originates from its supply chain activities, yet many organizations still fail to measure it.
Contents
What’s inside
- ESG as a key market catalyst
- Five ESG trends reshaping business practices
- New ESG regulations and the three actions procurement must take
- Case study: ethical sourcing under the UFLPA
- The critical role of ESG data in supply chain management
- Building resilient supply chains with Veridion ESG data
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Read the full 23-page report
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