Blog

During the 1990s, Procurement professionals were at the heart of strategic sourcing initiatives, focusing on reducing costs, enhancing quality, expanding services, and founding organizations like the International Association of Outsourcing Professionals and the Sourcing Industry Group. Composed of ....

As we head into 2022, a spate of fourth-quarter announcements have given us a good window in terms of what to expect in the new year and beyond for climate metrics and reporting requirements. Three points in particular are important to highlight for third party risk management: Newly updated ....

All risk managers want for Christmas from the environmental, social, and governance (ESG) metrics they work with is standardization. And accuracy. A single repository of shared ESG data also would be nice. While we’re at it, regulatory clarity and harmonization between Generally Accepted Accountin ....

According to a poll taken during Shared Assessments’ ESG Risk: What TPRM Needs to Know webinar on Sept. 15, 36% of attendees reported that their organization did not have a formal environmental, social and governance (ESG) program in place. While that figure has more than likely declined since mid ....

Our collective ears at Shared Assessments perk up when “third party” is mentioned as evidence in a court room. A high-profile jury trial is unfolding in San Jose, California, and testimony has pointed to the use of third parties in concealing the fraud. Theranos, a failed Silicon Valley blo ....

As third party risk management programs are being tasked to assist their organizations' ESG (environmental, social, and governance) efforts with their most critical suppliers and vendors, TPRM teams have been left scratching their collective heads and asking “what does this mean to me?”  &nb ....