09- Responsible Sourcing
Responsible Sourcing Framework Consulting
Developing a Responsible Sourcing Framework: A Stepwise Consulting Approach
Our consulting firm partnered with aluminium, pharma and copper companies to develop a Responsible Sourcing Framework aligned with global sustainability and ethical standards. Leveraging a structured, stepwise hierarchy, we guided the companies in embedding accountability, transparency, and resilience into their supply chains.
How it Works
Through this structured approach, the aluminium and copper companies successfully implemented a Responsible Sourcing Framework, bolstering their commitment to sustainability and ethical business practices. This collaboration exemplifies the pivotal role of strategic consulting in enabling responsible industry transformation.
01
Preliminary Assessment
- Conducted an in-depth evaluation of the companies’ existing sourcing practices.
- Identified gaps in alignment with key responsible sourcing standards such as OECD Due Diligence Guidance and ASI (Aluminium Stewardship Initiative), PSCI, Eco Vadis, ESG & LME principles.
02
Stakeholder Engagement
- Collaborated with internal stakeholders to understand sourcing priorities and challenges.
- Engaged with suppliers to assess their readiness for adopting responsible sourcing practices.
03
Policy Formation
- Designed comprehensive responsible sourcing policies tailored to the specific requirements of aluminium and copper industries.
- Established core principles such as ethical sourcing, environmental sustainability, and human rights protection.
04
Supply Chain Mapping
- Mapped the supply chain to trace material flows and identify high-risk suppliers and regions.
- Conducted risk assessments, leveraging expertise from Responsible sourcing consultants India, to ensure due diligence in conflict-affected and high-risk areas (CAHRAs).
05
Capacity Building and Training
- Organized training sessions for employees and suppliers on responsible sourcing standards.
- Fostered awareness on the importance of compliance, transparency, and sustainability in supply chains.
06
Monitoring and Reporting Mechanisms
- Integrated advanced data management systems to monitor supplier performance and manage risks.
- Developed reporting frameworks to ensure transparency for stakeholders and regulatory bodies.
07
Third-Party Validation
- Supported the companies in undergoing independent audits and certifications to validate compliance.
- Ensured alignment with recognized frameworks like ASI, EcoVadis, and LME guidelines.
08
Continuous Improvement
- Established a feedback loop to refine sourcing policies and practices based on audit findings.
- Provided ongoing support to enhance resilience and adapt to emerging industry requirements.
Recent Ongoing Consulting Projects:
consulting to Aluminium Companies
consulting to Copper Manufacturer
consulting to IT Enabled Service Company
02- Our clients
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FAQ
1. Do you offer supplier ESG assessments and sustainable procurement programs?
Yes. We design and implement supplier due diligence and sustainable procurement frameworks including:
- Supplier ESG scorecards
- On-site social & environmental audits
- KYC/KYS screening
- Corrective action plans