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Tuesday 19th March 2024

Supplier Compliance System

On the 5th of January 2024, the Coporate Sustainability Reporting Directive came into force. This places an increased obligation on businesses to make mandatory reports on environmental, social and governance (ESG) data. Verifact has developed its online Supplier Compliance System to help companies implement environmental and labour initiatives and report on these. 

Verifact works with businesses to develop sustainability and labour policies. These policies are then incorporated into the Supplier Compliance System. Businesses can make these policies available to their suppliers who through the platform can adopt these policies.  

Businesses can then utilise the platform to provide evidence of their compliance with, for example, their sourcing policies, ESG reporting compliance, and any additional certifications which they are a part of. 

If you would like to speak to Verifact about our Supplier Compliance System or request a demo, please contact us