In today’s competitive business landscape, sustainability in supply chains represents not just a potential risk, but also a key competitive differentiator.
KPMG’s Sustainable Supply Chain Services deliver an all-encompassing approach to help companies integrate sustainability within their supply chains, fulfilling their ESG goals, managing risks, and boosting resilience. We cater to companies from various industries with intricate, globally dispersed supply chains, offering strategic insights and practical solutions to transform their supply chain into a sustainable, efficient, and ethically responsible operation.
KPMG’s Sustainable Supply Chain experts offer the following services:
- Supply chain sustainability assessments to measure, monitor and manage supply chain ESG risks and seize opportunities
- Supply chain decarbonisation, including carbon footprint mapping, identifying and prioritising decarbonisation activities, and engaging suppliers on decarbonisation
- Sustainable sourcing and integrating ethical and sustainability practices into procurement processes
Our client, a global business association, is dedicated to socially responsible sourcing, focusing on empowering members to adopt sustainable trade practices. As their audit integrity assurance partner, our role was pivotal in ensuring the quality and consistency of their monitoring partners’ auditing processes. We conducted comprehensive quality audits at both management and local office levels, and witness audits in the field to assess auditor performance. Our analysis of over 20,000 social audit reports provided insights into trends and quality issues, leading to the development of a reliability/risk scoring system for each audit company. This system informed future quality control activities, enhanced the audit framework, and introduced advanced data analytics tools for trend identification in future audits. Our contributions significantly enhanced the audit program’s quality, bolstering the credibility of sustainable supply chain ratings and enabling the client to effectively monitor supply chain sustainability among their member businesses.
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