Supplier Sustainability Assessments: Using EcoVadis to Report on Performance Posted December 7, 2017 by Kealy Herman Guidance on how to streamline your EcoVadis response and maximize your score. As supplier sustainability evaluation tools proliferate, WSP is being asked more and more which tools and frameworks to use and the reasons why. EcoVadis is one tool that can be used by customers to assess their supply chain and by suppliers to report on their environmental, social and governmental performance. This post will focus on suppliers responding to EcoVadis. What is EcoVadis? EcoVadis is a global reporting platform allowing suppliers to provide information on corporate social responsibility (CSR) performance to customers who request it. Through the platform, requesting customers can solicit many types of CSR information from its suppliers. During each annual reporting period, EcoVadis generates a customized questionnaire based on the supplier’s sector, scores each response, summarizes corrective actions and creates a CSR performance scorecard that requesting customers can access. EcoVadis provides a platform for suppliers to Read More
Water stewardship in the supply chain – moving beyond the tip of the iceberg Posted October 11, 2017 by Stefanie Woodward As interest in water stewardship grows, sustainable management of an organization’s direct water footprint is becoming increasingly common. Organizations of all types, from technology to financial services to academia, are taking the first steps in their water stewardship journeys. The first step in sustainable water management is getting your house in order, meaning: report and disclose water withdrawals, consumption, discharge and risks; improve efficiency of direct operations; and recycle and reuse water when feasible Once your water stewardship efforts have addressed direct operations, the next step is to consider the supply chain. For many organizations, this is where most water-related impact is concentrated. Engaging suppliers on water can be a challenge, as often organizations don’t have direct control over the production or management in the supply chain. While managing water withdrawals, consumption and discharge are vital to a successful water strategy, ensuring that your suppliers respect the human right to Read More
Part II: Tips for Conflict Minerals Regulatory Compliance and Reporting Posted June 20, 2017 by Jim Cramer We looked at the changing regulatory landscape in PART I: CONFLICT MINERALS 2017 AND BEYOND and now we will discuss how you can best prepare your organization. Our product compliance management team has been helping companies develop Conflict Mineral Reports and filing Specialized Disclosure forms with the U.S. Securities and Exchange Commission (SEC) for the Dodd-Frank Act for several years. We have gained valuable insights on implementing internal procedures to comply with the law. As the U.S. awaits the outcome of the recently passed H.R. 10 bill brought forward by the Finance Committee of the House of Representatives, we wanted to provide some tips to help prepare organizations for changing regulations and ensure compliance. Investigate and learn what products and components you source that may contain 3TG. The best proactive approach is to require Full Material Disclosure from your supply chain on every sourced item. The high-tech and electronics industry are Read More
