
ethixbase Announces Launch of Greenlite - A New ESG Risk Management Solution that Automatically Audits 100 Percent of Supply Chains
Environmental, social, and governance performance has rapidly become a corporate requirement. In recent years, the movement has gained traction and is now guiding the strategy and direction of all significant businesses.
By
CIO Applications Europe | Wednesday, June 30, 2021

Environmental, social, and governance performance has rapidly become a corporate requirement. In recent years, the movement has gained traction and is now guiding the strategy and direction of all significant businesses.
FREMONT, CA: ethiXbase, the award-winning data and risk analytics company, has introduced GreenLITE - the latest ESG risk management solution on the market that allows businesses to automatically screen their entire supply chain in a fast and efficient manner.
Environmental, social, and governance performance has rapidly become a corporate requirement. In recent years, the movement has gained traction and is now guiding the strategy and direction of all significant businesses.
Stay ahead of the industry with exclusive feature stories on the top companies, expert insights and the latest news delivered straight to your inbox. Subscribe today.
In some industries, a company's supply chain can account for up to 98 percent of its environmental footprint and the majority of its operations. However, because global supply chains are diverse, multi-tiered, and opaque, ESG concerns frequently lie inside them. This goes undetected, allowing issues like forced labor, human rights violations, corruption, and unsustainable economic practices to grow.
Governments around the world are pushing regulation to ensure firms are successfully managing and monitoring such ESG risks in their supply chains, from the UK Modern Slavery Act to the EU's upcoming human rights directive.
GreenLITE uses cutting-edge research and analysis to discover sustainability gaps, prior debates, and ESG concerns that may be buried in multi-tiered supply chains. The platform gives businesses the data, insight, and tools they need to make holistic and quantifiable improvements in supply chain resilience.
"In today's world, business leaders globally consider ethics and integrity to be crucial issues. GreenLITE is designed to align with the UNGC's Sustainable Development Goals and gives businesses the tools they need to drive holistic and quantifiable improvements in their supply chains, both immediately and into the future," remarked Leas Bachatene, CEO, ethiXbase
More in News
Weekly Brief
I agree We use cookies on this website to enhance your user experience. By clicking any link on this page you are giving your consent for us to set cookies. More info
Be first to read the latest tech news, Industry Leader's Insights, and CIO interviews of medium and large enterprises exclusively from CIO Applications Europe
THANK YOU FOR SUBSCRIBING


