Enhancing Supply Chain Sustainability - Leading Global Bank

Challenge

A Global Systemically Important Bank (G-SIB) faced significant challenges in evaluating the sustainability performance of its extensive global supply chain. This lack of visibility prevented the bank from effectively mitigating climate-related risks, meeting regulatory requirements, and advancing its net-zero strategy.

Solution

ESG Book provided a bespoke platform tailored to the bank's specific needs, enabling it to engage with over 800 key suppliers and collect vital climate risk and transition data. For suppliers without sufficient data, firmographic information was used to generate reliable estimates.

Key Steps

Framework Onboarding

• Designed a customized, low-effort reporting framework aligned with the bank's requirements.
• Provided training to the bank's staff to maximize the platform's potential for supplier engagement.
• Seamlessly integrated the framework into the ESG Book platform.

Supplier Engagement

• Invited 800 suppliers to participate in the disclosure process.
• Delivered training sessions to support suppliers and ensure ease of participation.
• Reduced the reporting burden for listed suppliers by leveraging pre-existing data.

Data Analysis and Integration

• Monitored disclosure progress and reviewed the data submitted on the platform.
• Exported the data for detailed analysis.
• Integrated data feeds into the bank's internal systems for comprehensive use.

The Outcome

Within just four weeks, the G-SIB successfully collected critical climate-related metrics from its supply chain. This achievement enabled the bank's suppliers to access climate-linked loans from major financial institutions, reinforcing the bank's commitment to sustainability and regulatory compliance.