SUPPLIER RISK AREAS

RISK CATEGORY: Antitrust & Corruption 

There are seven integrity risks associated with this category. These risks are regulated by laws across the globe. The intention of these laws is to ensure companies conduct business in an ethical manner, promote fair competition for the benefit of consumers, and prohibit dishonest behaviour by individuals entrusted in a position of authority.

CORRUPTION & BRIBERY Bribery and corruption in your suppliers is a growing risk area for any company that conducts business internationally. READ MORE >


CORRUPTION &
BRIBERY

Bribery and corruption in your suppliers is a growing risk area for any company that conducts business internationally.

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SERIOUS & ORGANISED CRIME Economic crimes committed by organised crime groups cost big businesses billions of dollars each year.  READ MORE > 


SERIOUS &
ORGANISED CRIME

Economic crimes committed by organised crime groups cost big businesses billions of dollars each year. 

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SANCTIONS & EXCLUSIONS We have built and maintain one of the largest sanctions databases in the world. We can ensure that you do not deal with sanctioned companies or with companies operating in sanctioned countries. READ MORE >


SANCTIONS &
EXCLUSIONS
We have built and maintain one of the largest sanctions databases in the world. We can ensure that you do not deal with sanctioned companies or with companies operating in sanctioned countries.

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FRAUD, MONEY LAUNDERING AND FINANCIAL IRREGULARITIES Money laundering identification. Risk management. READ MORE >


FRAUD, MONEY LAUNDERING AND FINANCIAL IRREGULARITIES
Money laundering identification. Risk management.

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EXPORT CONTROLS Make sure your suppliers follow laws that stop certain dangerous products from falling into the wrong hands. READ MORE >


EXPORT CONTROLS
Make sure your suppliers follow laws that stop certain dangerous products from falling into the wrong hands.

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POLITICS Is your supplier potentially going to damage your reputation by associating with a certain government or political party? READ MORE >


POLITICS
Is your supplier potentially going to damage your reputation by associating with a certain government or political party?

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ANTI-COMPETITIVE BEHAVIOUR Are you buying at prices that are 'fixed'? Is your supplier colluding with competitors to fix prices? READ MORE >


ANTI-COMPETITIVE BEHAVIOUR
Are you buying at prices that are 'fixed'? Is your supplier colluding with competitors to fix prices?

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RISK CATEGORY: Employment, Safety & Reputation

An organisation's greatest assets can be its employees and its reputation. Therefore, compliance to laws and ethical practices that protect the wellbeing of employees also protects the business. These six risk areas focus on fair working environments for suppliers' employees and conduct that could impact the reputation of downstream customers.

HEALTH & SAFETY Your suppliers need to act with the highest levels of safety to protect you, your staff and your customers. Safety is non-negotiable. READ MORE >


HEALTH & SAFETY
Your suppliers need to act with the highest levels of safety to protect you, your staff and your customers. Safety is non-negotiable.

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DIVERSITY Are you supporting suppliers from diverse backgrounds? Your policy says you do, but do you really? READ MORE >


DIVERSITY
Are you supporting suppliers from diverse backgrounds? Your policy says you do, but do you really?

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EMPLOYEE RIGHTS The employees of your suppliers should be treated fairly, with dignity and respect, and according to all laws, regulations, best practices and international standards. READ MORE >


EMPLOYEE RIGHTS
The employees of your suppliers should be treated fairly, with dignity and respect, and according to all laws, regulations, best practices and international standards.

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MODERN-DAY SLAVERY People have rights. Your suppliers' employees need to be protected. READ MORE >


MODERN-DAY SLAVERY
People have rights. Your suppliers' employees need to be protected.

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MATERIALS LABELLING & HANDLING Your suppliers' operations can require the use and handling of hazardous properties that are of concern for human health and the environment. READ MORE >


MATERIALS LABELLING & HANDLING
Your suppliers' operations can require the use and handling of hazardous properties that are of concern for human health and the environment.

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IRRESPONSIBLE MARKETING Does your supplier represent its products correctly? Are you buying products that are for purposes outside what they are legally authorised for? READ MORE >


IRRESPONSIBLE MARKETING
Does your supplier represent its products correctly? Are you buying products that are for purposes outside what they are legally authorised for?

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RISK CATEGORY: Cyber Security & Business Stability

An area with no shortage of media attention and concern for organisations is cyber security and business stability. The potential for harm over the mishandling of company, customer and product data can cause irreparable damage to an organisation. Moreover, the expectations for safeguarding of information from consumers is at an all-time high. The Red Flag Group has identified four risk areas for companies that focus on the potential for disruption, misdirection or mishandling of products and information.

PERSONAL INFORMATION MISHANDLING Personally-identifiable information of your employees, your customers and the public is protected by law. Your suppliers need to protect it as well. READ MORE >


PERSONAL INFORMATION MISHANDLING
Personally-identifiable information of your employees, your
customers and the public is protected by law. Your suppliers need to protect it as well.

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DATA SECURITY BREACHES Protecting the data that is shared with your suppliers. READ MORE >


DATA SECURITY BREACHES
Protecting the data that is shared with your suppliers.

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INTELLECTUAL PROPERTY INFRINGEMENT Protect your intangible assets; don't let your suppliers steal or misuse them. READ MORE >


INTELLECTUAL PROPERTY INFRINGEMENT
Protect your intangible assets; don't let your suppliers steal or misuse them.

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BUSINESS CONTINUITY Continue to operate no matter what. READ MORE > 


BUSINESS CONTINUITY
Continue to operate no matter what.

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RISK CATEGORY: Environment & Governance

Taking a critical look at the environmental impact of an organisation remains at the forefront for regulators and consumers. However, without proper measures and controls, it is difficult to assess the complete impact a company and its supply chain has through the manufacture and distribution of products and services. Companies can therefore receive negative press or reports of misconduct for the actions of suppliers without complete knowledge of their practices.

The process of environmental governance refers to the decision making involved in the control and management of natural resources and the domain a company and its supply chain may impact. What this means is that companies should not only consider the environment in every decision they make, but should also promote systems such as monitoring the practices of suppliers and recycling used products. There are six risk areas that make up this category.  

CHEMICAL USAGE Does your supplier use dangerous chemicals that are restricted? Do you unknowingly incorporate these into your products? READ MORE >


CHEMICAL USAGE
Does your supplier use dangerous chemicals that are restricted? Do you unknowingly incorporate these into your products?

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EMISSIONS & WASTE MONITORING You and your suppliers need to work together to protect the world's assets. READ MORE >


EMISSIONS & WASTE MONITORING
You and your suppliers need to work together to protect the world's assets.

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ENVIRONMENTAL STEWARDSHIP You might have targets, but are you including your suppliers in those targets?  READ MORE >


ENVIRONMENTAL STEWARDSHIP
You might have targets, but are you including your suppliers in those targets? 

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SUSTAINABILITY You might have targets for sustainability, but it is important to involve your suppliers and measure their contributions. READ MORE >


SUSTAINABILITY
You might have targets for sustainability, but it is important to involve your suppliers and measure their contributions.

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PRODUCT REGULATIONS Regulations provide common technical languages to assess the products provided by your suppliers. READ MORE >


PRODUCT REGULATIONS
Regulations provide
common technical languages to assess the products provided by your suppliers.

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ILLEGAL ANIMAL TESTING Do you know how your suppliers test their products? READ MORE >


ILLEGAL ANIMAL TESTING
Do you know how your suppliers test their products?

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