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ESG

Drive Ethical and Sustainable Practices in Your Third-Party Ecosystem

Protect the planet, human lives, and your brand with Aravo for ESG, a SaaS solution for assessing, mitigating, and monitoring the third-party risks identified as part of your sustainable procurement initiatives. Aravo’s scalable platform includes intelligent automation, data management, and configurability to meet your specific requirements and the flexibility to adapt to the rapidly changing ESG regulatory landscape.

Many of the world’s most respected global organizations rely on Aravo as they manage third-party ESG risks, such as:

  • Human and labor rights
  • Child labor
  • Environmental health and safety (EHS)
  • Discriminatory practices
  • Human trafficking
  • Disposal or control of hazardous materials, including emissions
  • Conflict minerals
  • Sustainability
  • Corporate ethics and oversight

Automate every step of your ESG program

Third-Party Risk Management - GRC Software Features Screenshot
Standardize and automate third-party qualification and due diligence
  • Apply the right responsible sourcing controls to ensure third parties are held accountable for regulatory compliance and adherence to your internal standards.
  • Automate the due diligence, assessment, risk scoring, and ongoing monitoring of third parties – with an automated and reoccurring assessment process complete with artificial intelligence (AI), audit trail, document retention, and reporting.
Assess ESG risk and compliance exposure
  • Assess for ESG risk across an aggregation of company information for a 360-degree view of your third parties, the associated engagements and contracts, and the overall third-party portfolio.
  • Integrate data from virtually any risk intelligence provider for additional context in onboarding and continuous monitoring, such as adverse media, social monitoring, and business sustainability ratings.
  • Automatically trigger incident reports and remediation or termination plans based on risk and non-compliance.
Report and monitor with complete visibility
  • Deliver actionable insight into ESG compliance status to enhance governance of your responsible sourcing efforts with role-based dashboards and powerful reporting capabilities.
  • Provide a full audit trail across the entire ESG due diligence process to demonstrate sustainable procurement practices to auditors and regulators.
  • Continuously monitor for risk and be alerted to a change in risk and compliance posture.
Actively manage risk and performance
  • Leverage intelligent automation to identify, report, and escalate issues and manage the entire corrective actions process or facilitate off-boarding.
  • Ensure SLAs and KPIs are monitored and met with optional Performance Management functionality.
  • Involve cross-functional teams and the third party in the issue resolution process.

Market-Leading
Software from Aravo

Aravo has the market’s most comprehensive set of capabilities for managing third-party, vendor, and supplier risk and performance

A LEADER

Logo - The 2020 Gartner Magic Quadrant for IT Vendor Risk Management Tools

Aravo Named a Leader in the 2021 Gartner® Magic Quadrant™ for IT Vendor Risk Management Tools

A LEADER

Logo - The Forrester Wave™: Third-Party Risk Management Platforms, Q4 2020

The Forrester Wave™: Third-Party Risk Management Platforms, Q4 2020

A LEADER

Logo - The Forrester Wave™: Supplier Risk and Performance Management Platforms, Q3 2020

The Forrester Wave™: Supplier Risk and Performance Management Platforms, Q3 2020

A LEADER

Logo - Chartis RiskTech Quadrant® for Third-Party Risk Management Systems 2019

Chartis RiskTech Quadrant® for Third-Party Risk Management Systems 2021

Customer Insights

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A highly customizable and versatile system

” Aravo is an excellent tool for managing end to end processes, with tailored workflows, emails and chase cycles built in to the automated system capability. Aravo’s strength for me lies in its traceability and high level of automation. Aravo is a highly customizable and versatile system. “

– Social Accountability Manager, Global Manufacturing Firm

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ROI is not just positive, it’s massively positive

“Aravo provides GE with a globally accessible application for the management of critical information around our supply base and allows us to syndicate the information to our various purchasing, payables and other systems so that we can have one coordinated view of all supplier activity and commitments. We are confident that the ROI is not just positive, but it’s massively positive.”

– Corporate Initiatives Group,
GE Global Procurement

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Aravo are a great company with a great product which has served us well

“We have used Aravo for eight years now, and it has been a backbone of our supplier information and compliance processes. Aravo themselves are excellent to work with and have been highly supportive and understanding of our business goals.”

– Lead IT SME,
Program and Portfolio Management,
Manufacturing Company

Your Program

Benefits

With Aravo, you get better strategic results from your supplier relationships. Benefits include:

Embed ethical practices in your sourcing decisions

Ensure the companies you do business with are ethical and will not damage your brand reputation.

Demonstrate supply-chain compliance

Support compliance with a growing body of regulations, including the UK Slavery Act, California Transparency in Supply Chains Act, Conflict Minerals rules and others.

Earn senior management confidence

Real-time reporting and complete auditability mean you can demonstrate compliance to the board, senior management, internal audit, and examiners.

Holistic solution that can be easily extended

Expand to other risk domains, processes, or integrations with third-party data providers, including Ecovadis.

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What we do

Aravo delivers award-winning, market-leading cloud-based solutions for managing third party governance, risk, compliance, and performance.
Third-Party Risk and Performance Management Supplier Risk and Performance Management Vendor Risk Management Contractor Risk Management
Our Expertise
Expertise
Who We Help
Customers

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