Tools: Supplier Assessment Framework
How can our tools help you?
A lack of granular understanding of location and supplier specific risks will have negative impacts on the planet and companies risk liabilities and reputational damage. ​​To meet this requirement TOS has developed a supplier assessment framework to quantify both country by country ESG risks and suppliers’ ability to manage high prevalence ESG risk. ​
The risk of the location and supplier are then summarised in a table. This serves as an easy way to decipher material topics that pose a high risk. Preference is given to supplier performance because in some scenarios the supplier might perform well and reduce the risk identified at a national level.
Location-Based Supplier Assessment
STEP 1: Identify supplier country
STEP 2: Country data entered in ESG Risk framework
STEP 3: ESG Risk Assessment Framework Provides High and Moderate Risks that Need to be Considered​
Risk Assessment Comparison (Location vs Supplier)
80
Indicators
23
Material Topics
4
Dimensions (Environment, Social, Governance,
Economics)
STEP 1: Asset owner evaluated against criteria in questionnaire
STEP 2: Questionnaire returned and TOS coverts inputs to web-based application
STEP 3: Questionnaire returned and TOS coverts inputs to web-based application
STEP 4: High and Moderate Risks automatically presented