Organizations assess various parameters when selecting suppliers, and typical factors such as solutions, references, and commercials have expanded to include Environmental, Social, and Governance (ESG) parameters. While, in the past, ESG parameters were mere check-the-box or good-to-have selection criteria, they are now becoming deal-breakers – or makers – in many instances. In this accelerator, we share a practical Excel tool that spans all ESG aspects and lists pertinent questions that organizations can include in a Request For Proposal (RFP) when sourcing from providers.
This document includes the following aspects:
- Key ESG dimensions and attributes that companies can assess in their supply base
- Guidance on how companies can assess their suppliers based on ESG attributes and examples of initiatives they can look for
- Key ESG metrics applicable to supply base selection and monitoring
- Questions to include in an RFP for supplier selection
Thank you to Everest Group for providing this resource. Click their name below to see more content from this partner.
Contributors: Everest GroupCategories: Tool
SRC Type: Sourcing Management, Sustainability