Sustainability Index
Providing real-time visibility into your supply chain footprint!
The ecoConsole Sustainability Index provides procurement organizations with an evaluation framework for establishing regulatory and compliance benchmarks with trading partners. The user-defined scoring index tracks supplier performance metrics against the benchmark highlighting high performance partners as well as target areas for improvement. A transparent grading scale allows sourcing decisions to reward high performing partners.
The ecoConsole Sustainability Index provides buyers with an assessment framework that accounts for the social, environmental and financial impact of their purchasing choices. Buyers are given visibility into the product scoring matrix so they can evaluate product choices in real-time to ensure they are minimizing their impact on the triple bottom line. Over time, the Buyer builds up scoring history highlighting their procurement footprint and encouraging environmentally responsible or "green" choices through the selection of suppliers, products and services that minimize environmental, social and financial impact across the supply chain.
The ecoConsole Sustainability Index provides manufacturers and distributors with a transparent methodology for quantifying embedded sustainability factors in the products they bring to market. These user-defined social, environmental and financial metrics provide a relative scoring index for products that are typical targets addressed in corporate responsibility objectives – energy consuming products, waste generating consumables, chemicals, etc.
The Sustainability Index helps:
- Buyers evaluate purchasing decisions based on transparent, real-time information.
- Procurement organizations decision makers' measure Total Cost of Ownership [TCO] + eco footprint across the product lifecycle [acquire, operate, dispose].
- Monitor performance of trading partners and supply chain activity in real-time.
- Suppliers differentiate their products and services by factors other than low price.
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