On Tuesday 18th October, Ethixbase360 announced that it had completed its acquisition of Tcompliance, in a move that will expand the Ethixbase360 suite of capabilities for anti-bribery, human rights, labour standards and environmental risk management.
Supply chain resilience and supply chain continuity are moving further up the corporate agenda as firms endeavour to shield themselves from the effects of global economic and geo-political turmoil. Against this backdrop, Ethixbase360 platform, which offers multi-tier supplier ESG risk identification using open-source intelligence techniques and smart questionnaires, is well situated to streamline the process of pro-active risk management across supply networks spanning multiple geographies and jurisdictions, each posing distinct social and environmental risks.
Tcompliance is well-known for its Tcertification reports. Certification by Tcompliance signifies that a company or individual has completed a due diligence review that meets international standards. Tcertified companies are pre-vetted partners for multinational companies seeking to do business with suppliers, agents and consultants who share their commitment to commercial transparency.
By acquiring Tcompliance, Ethixbase360 can expect strategic benefits beyond simply expanding its product portfolio…..