Sedex enhances supply chain transparency with GRI licence

From Yahoo Finance: 2025-06-12 06:57:00

Sedex aligns its supply chain data with GRI Standards, enhancing sustainability reporting. Platform transformation project completed, providing procurement, compliance, and sustainability teams with essential features. Evaluation methods now comply with GRI Standards for supply chain information. Data from Sedex Platform directly supports investor and regulatory demands. Sedex named official Licensed Software and Tools Partner by GRI, simplifying compliance and building trust with stakeholders. Solutions aim to simplify challenges in sustainable risk management, responsible sourcing, and reporting. Platform integrates various data sources for actionable strategies. New scorecard reports and dashboards help identify critical suppliers. Risk analysis tools generate custom risk scores for proactive risk management. Expanded API access allows integration of risk assessments into procurement systems. Customised GRI solution to streamline sustainability reporting in the works. Sedex CEO Jon Hancock celebrates becoming GRI-licensed, emphasizing high-quality supply chain insights and transparency. Over 36,000 issues resolved at supply chain sites this year. Sedex plans to introduce customized GRI solution for streamlined sustainability reporting. Sedex debuted three data-driven tools in 2024 to empower businesses to meet evolving ESG challenges.

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