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Sustainable development

Assent Announces Complete ESG Workflow Solution for Complex Manufacturers

Strategic Insights

— 2 min read

Assent Inc., a leader in supply chain sustainability management, has unveiled a cloud-native ESG solution called Assent ESG, which includes enhanced global supply chain reporting capabilities. The platform is designed to help complex manufacturers navigate and comply with evolving ESG standards and regulations. With the increasing pressure from investors, regulators, and customers, accurate ESG supply chain reporting and management have become a critical business imperative. Regulations such as the proposed SEC climate-related disclosures rule and the Uyghur Forced Labor Prevention Act will transform ESG reporting in the next 12 months.

Key Takeaways:

  • Assent ESG is a complete ESG workflow solution that includes regulatory expertise, supplier engagement, and corrective actions to help complex manufacturers stay ahead of evolving ESG standards and regulations.
  • The solution is designed to provide complex manufacturers with a guide to supply chain sustainability, empowering them with the defensible data needed to credibly report on ESG, maintain market access, and create a competitive advantage across the industry.
  • Assent's solution enables complex manufacturers to proactively prepare for new requirements through comprehensive guidance across their entire supply chain ESG workflow, from initial supplier engagement to sustainability reporting.
  • The platform includes configurable ESG supplier survey topics, interactive dashboards that provide visibility into supplier risk scores, and the ability to drill down into specific ESG metrics.
  • Assent's solution provides evidence review and enhanced supplier screening to give customers greater confidence in the completeness and accuracy of their supplier data.
  • Corrective actions capabilities allow customers to implement a continuous improvement plan with their suppliers.
  • Assent provides defensible data and expertise to build responses for rating and ranking agency requests as well as regulatory compliance.
  • Supply chain education and engagement are incorporated throughout the process to streamline data gathering and drive continuous improvements across supplier performance.

Statistics:

  • Up to 90% of complex manufacturers' environmental impact is in their supply chain.
  • 90% of ESG data captured and managed by early adopters of Assent ESG.
  • Reduced time spent managing supply chain compliance and reporting by 90% through interactive features.
  • 90% of ESG campaigns with suppliers accomplished by Corsair Gaming Inc. after implementing Assent ESG.

Sources:

  • Assent Inc. (Assent) is a leader in supply chain sustainability management.
  • "Assent's ESG solution is a major milestone for complex manufacturers to meet and exceed evolving ESG standards and regulations." - Andrew Waitman, CEO of Assent.
  • "Working with suppliers can be complex but Assent did the heavy lifting for us. Our partnership with them has rapidly improved the way we work with suppliers by having Assent experts anticipate our regulatory needs, enabling us to obtain and track more data, and help us build stronger ESG relationships." - Jonathan Harris, ESG manager at Corsair.
  • "Corporations today need to increase their commitment to ESG and sustainability as they are facing a rise in reputational pressure and an increased focus on a CEO's vision and customer expectations." - Kim Knickle, Research Director, ESG and Sustainability.

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