Skip to content
November 5, 2024 – London, UK — Ethixbase360, a leading provider of third-party risk and compliance solutions, has been named an Innovator in the Verdantix Green Quadrant for Supply Chain Sustainability Software 2024 report. This recognition by an independent analyst firm underscores Ethixbase360’s capabilities and growing profile in helping organizations to enhance supply chain transparency, manage ESG risks, and achieve compliance with evolving sustainability obligations.
Market leading capabilities in supplier due diligence
The Verdantix report highlights Ethixbase360’s ability to rate and classify suppliers’ exposure to ESG-related risks and called out Ethixbase360’s market leading capabilities in supplier due diligence. The report further highlighted the value of the Ethixbase360 platform for organizations with supply chain due diligence obligations, such as those set by the European Unions’ Corporate Sustainability Due Diligence Directive (CSDDD) and the German Supply Chain Due Diligence Act (LkSG).
Early mover in third-party risk management for supply chain sustainability
Verdantix’s Green Quadrant for Supply Chain Sustainability Software recognizes Ethixbase360 as an early mover in Sustainability amongst Third-Party Risk Management Software providers which already support firms’ mitigation of financial, legal and reputational risk. Recognizing their client’s needs to ease risk management through enhanced supplier due diligence and engagement capabilities across sustainability risk themes, Ethixbase360 has invested in enhancing their capabilities across supplier sustainability data acquisition and reporting, risk management and supplier development and engagement, all independently reviewed as part of the Green Quadrant methodology.
Expanding cross-sector and regional expertise
As highlighted in the report, Ethixbase360 serves a diverse range of industries facing increasing pressures to ensure transparency and resilience in their supply chains. With offices across North America, Europe, Asia and Oceania, and over 3500 clients globally, from household brands to the mid-market, Ethixbase360 provides global reach and regional expertise, enabling businesses to navigate cross-border supply chain complexities with confidence.
Leadership Perspective
Highlighting the importance of Supply Chain Sustainability Software for organizations facing growing sustainability risks and demands Verdantix stated “Corporations cannot meet their ESG and sustainability goals without untangling the intricacies of their supply chains. Ongoing scrutiny – from regulators, investors and customers – and higher exposure to environmental and geopolitical risks, has highlighted the need for sustainability, procurement, risk and operations teams to improve transparency and embed ESG considerations into supply chain decision-making. Supply chain sustainability software empowers corporates to address sustainability data challenges in the supply chain, identify exposure to risks and ensure collaboration with suppliers”
Tristan Atkins, Chief Product and Technology Officer, Ethixbase360 stated, “Being recognized by Verdantix is a testament to our ongoing efforts to drive sustainability and integrity within global value chains. We are dedicated to helping our clients meet their compliance obligations, reduce ESG risks, and promoting responsible business practices.”
As organizations continue to face rising expectations for supply chain transparency and sustainability, Ethixbase360 remains committed to delivering innovative solutions that strengthen third-party risk management, improve supply chain sustainability, and support compliance with critical ESG obligations and reporting standards.
The Verdantix Green Quadrant for Supply Chain Sustainability Software report can be found here
About Ethixbase360
Ethixbase360 helps organizations achieve value chain transparency through its market-leading third-party risk management platform, assisting companies to identify, manage, mitigate and report on risk and resilience throughout their entire value chain. With a dedicated focus on anti-corruption, modern slavery, human rights, and sustainability, Ethixbase360’s solutions provide actionable insights to drive a risk-based approach to EXPLORE risk, ENHANCE insight and ENGAGE directly with third parties for a uniquely configurable and scalable approach to third party risk management. Learn more at www.ethixbase360.com
Follow: https://www.linkedin.com/company/ethixbase360/
