If you're reporting against GRI, then you know you’re going to have to answer questions specifically on your supply chain. In fact, the increased focus on supply chain disclosure is one the key aspects of the GRI G4 guidelines, ensuring a more holistic approach to the overall sustainability performance of a company.
There are questions dotted throughout the GRI on suppliers and supply chains. This includes sections on labour, human rights, society, environment, and then there are also procurement practice questions. For companies to comply with GRI G4’s supply chain aspects robustly they need to be confident that they can gather and analyse all of their supplier data.
One way to do this is to make sure that standard questionnaires are developed to align with GRI, otherwise you run the risk that you won’t have all of the information that you require. The next step then is to consider how you collect this information, as an online model will inevitably reduce the administrative burden and also make it much easier to integrate your supplier data with the rest of the non-financial data that you are reporting on.
If you've identified the questions on suppliers that are material to you, then having a tool that can help them comply with these GRI elements is going to be essential. With SupplierPortal, users are connecting this with the CSR module. This means that they can see what the supply chain aspects are within GRI, within the CSR module, and can align these aspects with what they're collecting through SupplierPortal.
[image credit: Live4Soccer(L4S)]