Aravo for Environmental, Social & Governance (ESG)

Build an ethical supply chain, comply with regulatory requirements, and align with corporate social responsibility (CSR), sustainable procurement, and other responsible sourcing initiatives using Aravo’s intelligent automation for ESG (environment, social, governance) to assess, manage, and monitor the practices of your third parties.

Throughout the entire third-party relationship lifecycle, Aravo’s SaaS solution for ESG supports assessment, monitoring, and mitigation of risk related to violations, including human and labor rights, child labor, discriminatory practices, human trafficking, disposal or control of hazardous materials, conflict minerals, and sustainability, Aravo helps organizations shine a light on their third-party relationships to lift the ethical standard of the entire ecosystem.

Aravo can empower your ESG initiatives by:

  • Centralizing all your third-party information into a single inventory to standardize and automate the due-diligence process.
  • Enforcing controls to ensure third parties are held compliant with anti-slavery, conflict minerals, EHS, diversity, and other regulations.
  • Integrating with sourcing, ERP, and AP systems to connect with procurement and payment processes.
  • Automating the due diligence, assessment, risk scoring, renewal, and ongoing monitoring of third parties.
  • Providing immediate visibility into ESG assessments and decisions with a robust audit trail, document retention, and reporting.
  • Integrating with virtually any third-party risk intelligence vendors, such as EcoVadis, providing data such as financial information, company information, adverse media, social monitoring, and business sustainability ratings for aggregated risk scoring and continuous monitoring.
  • Triggering incident reports and remediation or termination plans based on breaches or non-compliance.

Download this capabilities sheet to learn more about the features of Aravo’s ESG solution and what differentiates it from other sustainable procurement offerings.

Aravo Solution Sheet - Responsible Sourcing Cover

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