Remarkable financial returns have been created by incorporating positive environmental, social, and governance (ESG) strategies into business sourcing processes.
Impendi’s ESG services have been built to assist CPOs and ESG officers take tangible steps to build performance-driven supply chains with positive impacts on operations. By developing data-driven strategies, Impendi’s corporate responsibility experts and analytics team assist organizations navigate the complexities of the evolving landscape to produce better outcomes.
Increasingly, customers are asking about ESG drivers such as supplier diversity, carbon footprint, and risk profiles during their contracting and renewals process. A limited focus on efficiency is no longer the acceptable standard, with previous shortcomings being exposed over the last few years by stakeholders, governments, and the global pandemic. Resilient and ESG conscious supply chain procurement must be employed to achieve multi-stakeholder goals with sustainable outcomes.
Data-driven, verifiable progress on environmental, social and governance goals
To wrap their arms around the vast array of environmental, social and governance opportunities, leaders at Impendi are helping clients to break down corporate social responsibility into its component and subcomponent parts in order to apply metrics to the measurement of conditions and activity within their supply chain networks.
Through database partnerships, we have integrated the diversity scores and trajectories for thousands of companies into Impendi’s Spend Analytics and Supplier Diversity and Risk dashboards. When connected, this capability transforms the arduous task of social responsibility grading into one-click access to baseline diversity scores by category, business unit, geographic location.
Our rapidly evolving data analytics – including environmental and governance scoring – greatly simplify the acquisition of accurate and trusted carbon scoring and risk assessments for individual players and entire branches of the supply chain.
Guidance from experts at the leading edge of actionable corporate responsibility
Impendi itself is a veteran-owned business founded on ESG values and focused on integrating corporate responsibility into supply chain decision making. Impendi experts have applicable experiences translating data-based insights into actionable strategies, work plans and priorities in sectors of the supply chain where you need to make progress on your goals.
Our assistance goes beyond breaking down complex data collection to actionable recommendations. Where supplier changes are needed, our experts will be hands-on with your teams, using their familiarity with suppliers in your industry to mitigate risk by qualifying, negotiating contracts, addressing issues of scale, and establishing price/quality metrics.
Have ESG values embedded into your enterprise sourcing playbook
Impendi stands ready to assist as a force multiplier so that progress on your ESG goals is sustained. We work alongside your staff to examine how the issues you care about are influencing everyday supplier choices. Our experiences at other companies like yours will lead frank discussions about gaps in sourcing processes that need to be closed.
Next, we dig in to help you determine if your organization has sufficient resources to execute on ESG opportunities and what an enlightened procurement organization looks like. We will go on to support you in adapting recruiting and training, bid policies, procurement systems-controls, and KPIs so you can demonstrate how the organization is doing on its ESG-inspired commitments.
A partnership for real progress on corporate responsibility
Special skill is needed to navigate the supply chain shaping required to meet your strategic agenda for ESG. To support a managed journey that recognizes the inter-play of corporate responsibility with established functional agendas, Impendi will collaborate with its centers of excellence in technology, logistics, and manufacturing to deliver inspired approaches to the challenge.
We adhere to metrics-driven executional excellence and 3-level governance at all stages of our engagement, ensuring that you find-get-keep progress on ESG. At exit, we will leave you with mature sourcing and procurement resources prepared to succeed in the face of emerging trends, supplier risks, government regulation, and evolving investor demands to integrate ESG values into supply chain sourcing.
