Walk Free+MSA risk management (revised)+HYDRO-ELECTRIC CORPORATION+2022

Question: Does the company continuously monitor suppliers to ensure that they comply with the company’s policies and local laws?

Answer:

Wikirate ID: 13986172

Metric Designer: Walk Free

Metric Title: MSA risk management (revised)

Company: HYDRO-ELECTRIC CORPORATION

Year: 2022

Status:

Verified by Steward

Elly Williams

Review

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Discussion

The confusion is that the excerpt taken is only suitable for MSA risk assessment or we can consider it under audit of suppliers.

Manali Rana.....2022-11-03 12:26:14 UTC

Indeed. It is not clear enough that audits are actually being conducted, so the statement does not meet the requirements for that answer option.

Laureen van Breen.....2022-12-06 11:35:08 UTC

Source

Comments

pg. 8

"Hydro Tasmania has engaged with sustainability and supply chain consultants ‘Informed 365’ since 2019 to assist in preliminary risk assessment, and to conduct future surveys and investigations of the Hydro Tasmania group’s supply chains. Informed 365’s IT platform is used by other prominent members of the international energy industry through the Energy Procurement Supply Association (EPSA Consortium). The Informed 365 platform continues to be used by Business Services to manage supplier surveys and risk identification."

Manali Rana.....2022-11-03 12:20:26 UTC

No audits conducted.

Elly Williams.....2022-11-15 11:27:15 UTC