TRIGO’S ENVIRONMENTAL AND SOCIAL RISK ASSESSMENT SOLUTION
How to efficiently identify the environmental and social risks along the supply chain of the automotive industry?
A growing need to comply with ESG requirements…
ESG criteria need to be met in any supply chain strategy today
(automotive industry in 7th position out of 34 in the ESG Sector Risk Atlas)*
ENVIRONMENTAL SUSTAINABILITY, PRIMARY SOURCE OF FOCUS TO DATE
“Greenhouse gas accounting is the biggest challenge for ESG reporting in the automotive industry. Scope 3 emissions from the value chain estimated to account for more than 90% of automakers’ greenhouse gas […]. Most OEMs fall behind in reporting on Scope 3**.”
SOCIAL CONSIDERATIONS ARE INCREASINGLY GAINING MOMENTUM
“Rating sensitivity to social risks could become more relevant over the longer term.”
...Not thoroughly addressed
Self-assessment is not enough to ensure that companies are fully compliant on environmental and social issues: the declarative approach does not reflect the reality on the ground.
A significant shortfall in addressing social compliance issues: almost 2/3 of auto suppliers ESG reports are neglecting the social criteria according to a 2021 study from Bianchi Public Relations
12019 ESG Sector Risk Atlas, S&P Global Ratings,
https://www.spglobal.com/_media/documents/ratingsdirect_esgindustryreportcardautosandautoparts_41534471_may-15-2019.pdf
** Daato, ESG reporting challenges in the automotive industry
As a pioneer in outsourced quality services for the automotive industry, TRIGO is here to support you.
A comprehensive on-site audit to assess suppliers’ risks
DOMAINS OF ASSESSMENT
5 environmental categories:
• Water
• Energy
• Carbon
• Hazardous materials
• Waste and Recycling
5 social categories:
• Health & Safety
• Employment status
• Child Labour
• Forced Labour
• Discrimination, Inhumane
• behaviour
EASY AUDITING
• No self- assessment to be performed by suppliers prior to onsite audits.
• Entire assessment conducted in the field.
• List of consulted documents provided in advance for maximum efficiency on the day of the onsite audit.
DELIVERABLES
• A global risk assessment score
• A detailed list of the ESG risks identified during the audit.
• Main areas for improvement, to build an effective action plan
Why TRIGO for this service?
AN EXPERTISE IN SYSTEM & PROCESS AUDITS
TRIGO regularly performs both system and process audits at your suppliers. The auditing & consulting expertise that needs to be deployed is already mastered by TRIGO’s auditors who have undergone thorough training on the
assessment, identification and reporting of both environmental and social issues within the ESG framework.
TRIGO’s auditors can combine a quality system and/or process audit with an ESG risk assessment at your supplier.
A STRONG AUTOMOTIVE TRACK RECORD
TRIGO is the world leader in outsourced quality services for the automotive industry.
In a constantly evolving sector, TRIGO has been supporting its automotive clients for 20+ years with a dual objective: combining excellence in the quality of the services provided with constant innovation to adapt to its
customers’ needs.
A GLOBAL PRESENCE ALL OVER THE WORLD
TRIGO’s auditors are present in 26 countries to assess your suppliers directly on their production sites.
They cover 550 automotive sites, 90 final assembly plants across 4 continents.
TRIGO is able to provide local resources, close to your suppliers, speaking their language.
This proximity enables audits that respond to the specific issues of the suppliers’ location.
For more details, please contact:
Attila Vass
E. attila.vass@trigo-group.com