**London**: Achilles has unveiled Achilles Analytics, a tool designed to streamline supply chain sustainability reporting and compliance, featuring an ESG dashboard and robust reporting capabilities to help businesses meet global regulatory standards and enhance transparency and accountability in their supply chains.
The consultancy and risk management firm, Achilles, has introduced Achilles Analytics, a new tool designed to assist companies in navigating the complex landscape of supply chain sustainability regulatory reporting and compliance. This recent launch aims to address growing pressures on businesses to demonstrate accountability and transparency in their supply chains.
Achilles Analytics streamlines the management and reporting of supplier data that has been validated through Achilles’ established supply chain due diligence process. This enables organisations to monitor their performance across critical metrics such as carbon output, environmental, social, and governance (ESG) indicators, and health and safety compliance.
Among the key features of Achilles Analytics is an ESG dashboard, which offers detailed metrics concerning suppliers’ sustainability performance. This dashboard allows businesses to identify strengths and weaknesses within their supply chains. Additionally, the tool provides comprehensive insights into supplier-specific profiles, presenting an overview of ESG scores in conjunction with financial performance, thereby offering a holistic view of each supplier’s impact and reliability.
The tool also boasts robust reporting and compliance capabilities. Companies can customise the information displayed across different dashboards and generate comprehensive reports that align with global sustainability standards and regulations. These include the European Union’s Corporate Sustainability Reporting Directive (CSRD), the Corporate Sustainability Due Diligence Directive (CSDDD), India’s Business Responsibility and Sustainability Report (BRSR Core), and Germany’s Supply Chain Due Diligence Law (LkSG), among others. The tool’s compliance and score dashboards offer insights into supplier performance relative to key legislative requirements, identifying potential areas of compliance risk within the supply chain.
Mark Chamberlain, Chief Product Officer at Achilles, stated, “With the introduction of Achilles Analytics, we are equipping businesses with the tools needed to navigate the evolving supply chain landscape and to meet stringent compliance standards while promoting sustainability and ethical practices.”
As companies increasingly recognise the importance of sustainable supply chain practices, the launch of Achilles Analytics aligns with a broader industry trend seeking to enhance transparency and accountability amidst regulatory demands.
Source: Noah Wire Services
Subscribe to Industry Updates
