Supply Chain Due Diligence

Supply chain due diligence refers to assessing and managing the potential risks and impacts of a company's supply chain. It involves conducting thorough investigations and evaluations of the social, environmental, and economic practices and effects of suppliers and other actors in the supply chain, such as subcontractors and raw material providers.

Supply chain due diligence aims to identify potential risks, such as human rights violations, environmental harm, or other ethical concerns, and take appropriate actions to mitigate or prevent those risks. This can include implementing policies, procedures, and monitoring mechanisms to ensure compliance with applicable laws and regulations, as well as industry standards and best practices. Ultimately, supply chain due diligence aims to promote responsible and sustainable sourcing practices and improve supply chains' overall transparency and accountability.

ThreatNG can help companies in their supply chain due diligence efforts by identifying vulnerabilities and potential threats by monitoring the digital footprint of suppliers and other actors in the supply chain, mitigating digital risks, providing security ratings for suppliers, assessing public perception, monitoring financial health, and track ESG violations, ultimately ensuring that supply chain partners operate sustainably and responsibly.