CSR Goals – Diversity and ESG
Responsible and forward-thinking businesses are increasingly embedding CSR (Corporate Social Responsibility) goals into their sourcing strategy. However, without the right tools, the process of tedious data gathering can be extremely time consuming.
Gainfront automates your organization’s supplier diversity and ESG program to fulfill reporting mandates and government regulations, including tracking and reporting on Tier 1 and Tier 2 diverse spend. We also help collect Scope 1, Scope 2 and Scope 3 greenhouse gas emissions from your supply chain to meet ESG mandates and uniquely help you align these to your company targets.
Diversity Breeds Innovation
The future of today’s business world has never been more uncertain, which is why diversity in procurement is essential. Gainfront helps businesses manage mandates in all areas of CSR (Diversity & ESG), track critical supplier compliance and manage other risk factors.
Biggest Challenge in Supplier Diversity
The biggest challenge to supplier diversity is the lack of it. More than 35% of companies have no suppliers that represent more than 50% of their supply base, and the average company has just one supplier with a global reach.
Gainfront’s Complete CSR Suite of Products for Supplier Diversity & ESG
A single platform to manage your Tier 1 and Tier 2 diverse spend and Track GHG in your supply chain.
In the Tier 1 box we add increase diverse spend by up to 32% with Gainfront’s unique classified diverse suppliers’ identification.
Tier 1 Diversity
Our Tier 1 process manages direct and indirect spending, tying supplier diversity spending to your overall procurement process.
Tier 2 Diversity
Gainfront helps you easily manage and report on Tier 2 spend, the prime supplier’s diverse spending with its sub-contractors.
RFx Concierge Service
Gainfront streamlines the RFx process for proposals and quotes by making it simple for managers to invite suppliers to participate.
Gainfront enhances supplier diversity programs by identifying benchmarks on diverse spend, industry-specific details, and diversity group insights.
As your supplier diversity grows, Gainfront helps you make a meaningful and sustainable economic impact on the communities you serve.
The Gainfront platform connects buyers with net new diverse suppliers based on risk factors, sustainability tracking and carbon footprint.
ESG and Sustainability Reporting
with Gainfront’s ESG Compliance
Companies are coming under more and more demand from customers, investors, and authorities to publish and enhance their ESG data. Additionally, the conventional approaches to gathering and disseminating ESG data are ineffective and error-prone. Finally, a solution to all of these issues is a product that is on the market, “Gainfront ESG”.
- Get ahead of State/Federal reporting rules with Gainfront ESG & Sustainability Compliance
- More diversity less carbon now
- GHG scope report compliance
- Modern ESG Compliance helps you identify suppliers to achieve your goals
- Utilize robust data mining, reporting, and graphing tools to glean insightful information from complicated data
- Unlock the power of your ESG and sustainability
- Detailed scope 1, 2 & 3 planning and calculation for accurate reporting
- ESG calculator for new product launch to avoid penalties