In order to mitigate risks and ensure transparency and traceability, companies have to successfully manage environmental, social and economic impacts throughout complex and global supply chains.
We support our clients in integration of sustainable and transparency practices throughout entire supply chain, including setting strategy and governance structures, mapping supply chains, identifying and reducing risks, monitoring and improving supplier performance and strengthening supplier relationships.
The support in implementation and improvement of ESG practices of current suppliers, integration of sustainable procurement practices and the preference of more sustainable suppliers are essential elements of operations of companies with a focus on sustainability, since the sustainability aspects built into the supply chain contribute to the development of an ethical and sustainable vision. In addition, it is also important for the supplier companies to meet the increasing expectations of their customers in this field as well as be compliant with various regulations on sustainable supply chain practices, such as Corporate Sustainability Due Diligence Directive (CSDDD).
How can we support you?
Whether you are a purchasing or supplier company, we offer wide range of solutions according to your specific needs.
Specific services for purchasing companies:
- Designing sustainable supply chain management strategy, integration of the environmental, social and governmental viewpoints to the procurement processes
- Providing legal advices about the current and future supply chain due diligence laws in order to ensure compliance with the regulations.
- Legal and economic revision of supplier contracts based on ESG aspects in order to ensure environmental, social and governance compliance.
- Screening and development of procurement regulations and processes from an ESG point of view, legal assistance in drafting and review of the policies.
- Risk assessment of supply chains from an ESG point of view, identification of risk areas. The risk assessment includes the environmental and human rights related aspects.
- Providing trainings at management level about the human rights and environmental regulations, providing assistance in development of related employee training programs.
- Implementation of a whistleblower system, through which KPMG provides a comprehensive service to receive, handle and investigate reports, which adjust to the size, sector and strategy of the organization.
Specific services for supplier companies:
- Legal and economic revision of the ESG related parts of the customer contracts, review of the customers’ contract modification requests according to the environmental, social and governance aspects, as well as legal requirements for partner due diligence.
- Self-assessment: Compliance with regulations and processes of customer expectations along with the environmental, social and governmental aspects. The purpose of this service is to assess how the company meets the ESG requirements of large companies and regulations.
- Providing assistance to customer due diligence requests and to fulfilment of examination and documentation requirements.
