Companies are increasingly seeking to align their behavior with Environmental, Social, and Governance criteria (ESG) and those doing so have been able to translate ESG compliance to commercial advantages. An exciting next step is to set such criteria for your international supply partners too. Doing so, however, can be a daunting task as the context may be very different from that in European countries. At Job Booster Enterprises, with physical presence in India, Bangladesh, Chad and Benin, we are here to help you unpack and start this next ESG step.
In countries like Bangladesh or Benin, ESG criteria are sometimes an afterthought, and companies may typically not have the infrastructure in place to report on ESG criteria. Whether you’re already doing business with companies in Asia and/or Africa or thinking about doing so, you may find it increasingly important to pay attention to this.
Impact
Either way, our Job Booster Enterprises can assist your business in following up on ESG criteria. We focus our efforts on the social impact and HR practices of companies, and we work with local partners to look at other criteria such as environmental impact and governance related issues.
It is here where Job Booster Enterprises can assist your company to follow ESG criteria. Job Booster Enterprises has an extensive network in its countries of operation, which allows your organization to meet the ESG criteria relevant to you. Whether you want to start complying with a wide range of ESG criteria, or if you just want to ensure safe working environments in your supply chain, Job Booster Enterprises can support you in achieving your objectives.
What steps will be taken?
First, we will determine with you what ESG criteria are important for you, and we will select what standards you want your suppliers to comply with. For example, you may want your suppliers to be Fairtrade certified. With each country and each sector having their own set of risks, we will have to make a tailormade assessment of how to attain the standards you want to comply with. Together with you, we will map your (future) supply chain and identify and prioritize risks in any of the ESG aspects. Following this assessment, we shall develop risk mitigating measures, which in turn can be translated to supplier requirements. In case your supplier/ suppliers are not yet meeting your ESG criteria, Job Booster Enterprises can support your suppliers by training and coaching them on how they can comply.
Our ambition is to be the link between your business and your (future) international suppliers, and guarantee that your ESG objectives are met throughout your supply chain. In this way you can guarantee decent work for all people involved in your supply chain and in addition, you make responsible sourcing the new norm in your industry.
