About the author
Managing Director | TPRM
Phoebe Jordan is the Managing Director, Third-Party Risk Management. She first joined the company in 2014 as an intern in the Sub Custody Team. She introduced third-party risk management to Thomas Murray, and currently has responsibility for sales, marketing and product across our third-party risk solution.
A seven-point ESG maturity checklist
Many organisations now support their stakeholders and communities with their environmental, social and governance (ESG) initiatives. Ensuring that these are carried throughout the supply chain can be tricky, as some vendors will have more mature frameworks than others. That’s often a difficult thing to gauge, so we’ve created this checklist to get you started. Are you ready to find out how your third parties measure up?
Remember, this checklist is a starting point that you can tailor to the specific needs and context of your organisation. Regularly reviewing and updating your progress towards your ESG goals, including with third-party assessments, will help drive continuous improvement and demonstrate a commitment to sustainable practices.
As with all due diligence and risk management initiatives, monitoring ESG performance must never be a tick-box exercise. Incorporating ESG principles into your vendor risk management is about cutting through the PR and understanding fundamental risks.
Why not take the test yourself to find out how mature your own organisation’s ESG is?