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ubcnewsworld
Business & Economics
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Top ESG Tool For Supply Chain Managers: Accurate Supplier Performance Assessment ESG budget in the US has grown nearly tenfold in 2021 versus 2019, a clear sign that sustainable corporate growth has become a priority for major players across industries. Short for Environmental, Social, and Governance, the ESG is a comprehensive assessment of the factors that influence internal corporate development and its impact on the community at large - and a powerful tool that you can leverage to help your company grow. Kodiak Hub offers an innovative ESG data management software to help modern organizations get an accurate evaluation of their impact in the three key areas. The tool features easy-to-use template builders to enable you to build ESG assessment, and offers automated workflows that you can use to send out assessment to suppliers. The result is a complete ESG assessment solution allowing you to gain a comprehensive view of your supplier's performance in key areas such as Compliance and Governance Management, Health & Safety Management, and Human Rights Compliance. Historical performance assessment features are also available, enabling you to see the evolution of supplier performance over time. In a world fraught with social, economic, and environmental challenges, having a solid strategy based on smart data analysis is crucial - and that's exactly what Kodiak Hub helps you create. Find out more about the benefits of a powerful ESG assessment tool at https://www.kodiakhub.com/blog/ why-your-company-needs-esg- reporting-software-to-safeguard- future-risks "We are a game-changer for the way companies leverage value in their global supply chains, at the awesome crossroad between Tech, Sourcing, Procurement, Quality and Sustainability," said a company spokesperson. "From this intersection we enable companies to scale truly sustainable value; enhancing sustainable business and procurement practices at their source, bringing new and innovative products and services to customers and new markets through traceable & transparent supply chains." Go to https://www.kodiakhu b.com to get started!