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Supplier Audits & Monitoring
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Overview

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Supplier Audits & Monitoring evaluates how a company verifies suppliers’ compliance with its environmental, social and governance (ESG) requirements - through systematic assessments, data gathering and follow-up. It covers:

  • risk-based audit planning that prioritises high-impact tiers, regions and commodities;
  • use of on-site, remote or hybrid audits, worker interviews, document reviews, and digital traceability tools to check labour rights, health & safety, environmental practices and business ethics;
  • integration of certification schemes (e.g., SA8000, ISO 14001, RBA, SMETA), third-party audit firms and industry collaboration platforms for shared assessments;
  • real-time or periodic performance monitoring via self-assessment questionnaires (SAQs), key-performance-indicator dashboards, grievance mechanisms and satellite/IoT data;
  • management of corrective-action plans, capacity-building, re-audits and escalation (including suspension or termination) to drive continuous improvement and ensure alignment with frameworks such as GRI 308/414, EU CSDDD and OECD Due-Diligence Guidance.

Subtopics

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