Avetta introduced the Supplier Sustainability Risk Diagnostic, an AI-assisted tool that helps organizations identify environmental, social and governance risks across their supplier networks by combining artificial intelligence with expert analysis to prioritize where deeper due diligence is needed.
- Combines AI-assisted analysis with Avetta's Risk Advisory expertise to evaluate vast supplier populations for ESG exposure
- Assesses suppliers across multiple risk factors including human rights, modern slavery, greenhouse gas emissions, conflict minerals, water and waste
- Works with suppliers both inside and outside the Avetta community, providing broader supply chain visibility
- Goes beyond risk scoring by helping customers interpret results, understand business implications and determine next steps
- Enables organizations to prioritize supplier engagement and focus improvement efforts on areas that matter most
Avetta introduced the Supplier Sustainability Risk Diagnostic, which combines AI-assisted analysis with the deep expertise of Avetta's Risk Advisory practice to help hiring clients identify environmental, social and governance (ESG) risk across broader supplier and contractor populations.
By providing visibility into specific, topic-level sustainability risk that may warrant deeper due diligence, the diagnostic helps these organizations prioritize where attention is needed and determine practical next steps.
In turn, it gives suppliers and contractors greater clarity into client expectations and opportunities to improve ESG maturity.
“Many organizations know sustainability risk exists within their supply chains, but they often struggle to determine where attention is needed most," says Jaclyn Bakalarski, principal, sustainability and ESG at Avetta. “Too often, sustainability teams are forced to make important decisions with only partial visibility into where risk may exist, spending valuable time determining which suppliers, geographies or issues warrant closer examination. The Supplier Sustainability Risk Diagnostic helps businesses focus their efforts with rapid topic-level insights, make more informed decisions and engage their supply chain network more effectively. In so doing, suppliers and contractors then gain clearer visibility into evolving requirements so they can focus improvement efforts where they matter most.”
Key takeaways:
· Designed as a practical starting point for risk-based human rights and environmental due diligence, the Supplier Sustainability Risk Diagnostic uses AI-assisted insights together with Avetta’s Risk Advisory expertise to evaluate vast supplier populations across factors such as industry, material business activity and geographic and regulatory jurisdictions to identify areas where sustainability-related exposure may be concentrated.
· The solution can assess suppliers and contractors both inside and outside the Avetta community, helping organizations gain a broader understanding of potential risk and prioritize supplier and contractor engagement around topics such as human rights, modern slavery, greenhouse gas emissions, conflict minerals, water and waste.
· Unlike solutions that simply generate risk scores or flags, the Supplier Sustainability Risk Diagnostic also leverages Avetta's Risk Advisory experts to help customers interpret results, understand business implications and determine appropriate next steps.
· In this way, the diagnostic builds on the same risk-mapping approach Avetta uses to help organizations identify and manage risk across sustainability, health and safety, financial management, procurement and operations, as well as providing a connected view of supply chain risk and areas for improvement.
