EBA Guidelines on the Management of ESG Risks

Key Features

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  Supplier Pre-Screening

  Build comprehensive supplier profiles that compare and monitor vendor ESG scores, sustainability ratings, firmographic data, recent business and reputational insights, and financial performance. Compare ESG scores against other vendors in RFx responses for informed sourcing decisions.

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  Contract Lifecycle Management

  Centralize the onboarding, distribution, discussion, retention, and review of vendor contracts, and leverage workflow to automate the contract lifecycle, ensuring enforcement of ESG requirements.

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  Inherent Risk Scoring

  Use a simple assessment with clear scoring to track and quantify inherent risks for all onboarded suppliers.

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  ESG Risk Assessment

  Leverage a dedicated ESG risk assessment that examines risks from 10 common ESG domains including: Community; CSR strategy; Emissions; Human Rights; Innovation; Management; Product Responsibility; Resource Use; Shareholders; and Workforce.

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  ESG Monitoring

  Continuously monitor scope 1, 2 and 3 data for a supplier's direct and indirect emissions, carbon EVIC (equivalent value in cash) intensity for each supplier, as well as for bribery and corruption, labor, and modern slavery concerns in a central vendor dashboard.

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  Supplier Reputation & Sanctions Monitoring

  Access qualitative insights from over 550,000 public and private sources of reputational information, including negative news, regulatory and legal actions, sanctions, adverse media, OFAC violations, conflicts of interest and more.

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  Financial Governance & Transparency Monitoring

  Tap into financial information from a network of millions of businesses across 160+ countries. Access 5 years of organizational changes and financial performance, including turnover, profit and loss, shareholder funds, and more.

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  Politically Exposed Persons (PEP) Screening

  Screen against a global PEP database with access to over 1.8 million politically exposed person profiles, including families and associates, to instantly identify potential leadership risks.

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  Event Reporting

  Enable vendors to submit proactive event assessments related to environmental disclosures, board changes, notifications and other events – and dynamically update their risk scores based on the results.

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  Central Risk Register

  Normalize, correlate, and analyze assessment results and continuous monitoring intelligence for unified risk reporting and remediation.

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  Comprehensive ESG Compliance Mapping

  Simplify ESG compliance reporting by mapping assessment results and risks to common ESG frameworks such as, EU Corporate Sustainability Reporting Directive (CSRD), German Corporate Supply Chain Due Diligence Act (LkSG), Global Reporting Initiative (GRI), ISO 26000, Sustainability Accounting Standards Board (SASB), Task Force on Climate-Related Financial Disclosure (TCFD), and United Nations Global Compact (UNGC).

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  Built-in Remediation Guidance

  Take actionable steps to reduce ESG risk with built-in remediation recommendations and guidance.

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  Document & Evidence Management

  Store and distribute energy, pollution, diversity, accounting, and conflict of interest policy documents and more for dialog and attestation. Leverage built-in automated document analysis based on AWS natural language processing and machine learning analytics to confirm key criteria are addressed.

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  Risk Reporting

  Identify, alert, and communicate exceptions to common behavior with built-in report templates.