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ESG

therefore critical in proving assurances of the integrity of ESG reporting . Published ESG data must be as watertight as any financial reporting . The only way to achieve this is having traceability measurements in place to understand where the products are sourced from and if the retailers ’ ESG standards are upheld throughout the extended inbound supply chain . Some countries , including Germany , have started to enforce ESG compliance through publication of its Supply Chain Due Diligence Act ( LkSG ), and it is expected that more ESG legislation will follow in other countries , so systems to support traceability of regulatory reporting data and ESG due diligence will be key to underpinning confidence in publicly announced ESG statements .

Supplier mapping systems can help businesses to trace their end-to-end supply chain and to understand their product components to a raw material level . Looking at raw material sources can also help in managing compliance certification and in verifying the efficacy of claims regarding organic products or recycled materials globally . Tracing raw material and produce flows throughout the end-to-end supply chain and managing that insight on an ongoing , dynamic , basis will help businesses validate ESG reporting accuracy and verify ESG claims , including the ability to track carbon emissions .

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