An ESG Value Chain Overview
Companies must understand the steps to implement an ESG value chain into business activities and the benefits of adhering to ESG guidelines.
We partner with you to implement an ESG mandate that you can track, manage, and report on within your existing risk and compliance management process.
Accurately tracking ESG requirements across your global supply is difficult and time-consuming, but it safeguards the future health and overall sustainability of your business. We simplify implementing, tracking, and reporting ESG so you can focus on building a sustainable and profitable organization.
Proactively adapt to changing market conditions by identifying and managing risks related to climate change, labor practices, regulatory compliance, and more.
Embrace sustainable and responsible practices to boost brand perception, increase customer loyalty, and improve market standing.
Attract ESG-focused investors and improve access to capital from sustainable funds that support innovation and strategic initiatives.
Veriforce has far surpassed our past experience with other platforms. Our support teams at Veriforce are always available and courteous and knowledgeable. They expedite urgent matters and provide consultative advice where needed. Veriforce’s ability to score contractors specific to our needs and in-depth allows Lucid to cater the program to fit our needs.
Matthew Eales
Vice President of EHSR
Lucid Energy
Our supply chain ESG services have been developed in collaboration with the UT Austin School of Sustainability and industry-recognized experts in ESG. With Veriforce, it’s easy to implement an ESG questionnaire, hire suppliers that match ESG requirements, and report on the ESG health of your supply chain to stakeholders.
We offer various levels of ESG tracking and reporting depending on your requirements and current ESG maturity. All programs are based on ESG best practices and the basic structures set out by the World Economic Forum, Global Reporting Initiative, Value Reporting Foundation, and the Sustainability Accounting Standards Board.
Whether you’re developing your first ESG mandate or strengthening your current process to improve ESG performance, our industry experts will guide you to the best ESG solution for your supply chain.
We work with you to customize our proprietary ESG questionnaire used to gather information and data related to sustainability, social responsibility, and corporate governance, and set up custom reporting and cadences.
Once you’ve implemented your ESG mandate, identify contractors and suppliers that meet your ESG requirements. The Veriforce Network gives you complete visibility into contractor ESG compliance and ratings so you can hire companies that positively impact ESG performance.
My job is to look at risk from a 30,000-foot view. As a true partner, Veriforce enables me to do that by centralizing important data and empowering those in the field to hire and enter into statements of work with the confidence that they have all the information they need to accept responsibility. Our teams get it – Veriforce is a resource we can rely on.
Risk Manager,
Leading Oil & Natural Gas Company
Companies must understand the steps to implement an ESG value chain into business activities and the benefits of adhering to ESG guidelines.
Safety professionals can identify, create, and maintain ESG initiatives using regular risk assessment and management protocols.