Establishing sustainability in the supply chain and minimizing ESG risks
Sustainability in the supply chain? Becomes feasible with the VERSO Supply Chain Hub! Discover how you can achieve your sustainability goals for the supply chain efficiently and automatically
100 %
LkSG- & CSDDD-compliant
> 100
Completed risk analyses of our customers
99.9 %
Availability
Manage ESG risks in your supply chain – with the 360° solution from VERSO
With our supply chain law platform, you can fulfill regulatory requirements such as LkSG and CSDDD and improve sustainability in your supply chain. The VERSO Supply Chain Hub makes it possible to automatically analyze risks across the entire supplier base right down to the upstream supply chain, develop targeted measures and comply with reporting obligations. Through standardized and legally compliant assessments on over 15 ESG topics, you create transparency and efficiently establish measures with your suppliers. The automatic scoring shows you at a glance how your suppliers are positioned. Together, you can take measures to improve and achieve your climate goals. With the VERSO Supply Chain Hub, you are ideally equipped to make your supply chain sustainable and compliant.
Core features of the VERSO Supply Chain Hub
- Automated risk analysis of the supplier base
- Automated collection of self-assessments for over 15 ESG topics
- Management of measures
- Supply chain mapping for multi-tier transparency
- Easy collection of CBAM data
- AI-based news and media screening
- LkSG report creation for the BAFA
- LkSG conformity confirmed by Taylor Wessing
- Seamless integration into IT system landscape via REST API
- Free of charge for suppliers in 5+ languages
- Highest data security level with the SO 27001 certification and transparent Security Center
Meet legal ESG requirements for the supply chain
Focus on 100% of your supplier base and analyze it for potential risks. For comprehensive supply chain management, the VERSO Supply Chain Hub enables you to perform an ESG risk assessment based on country of domicile and industry using 20+ risk indices. The end-to-end risk analysis with our supply chain law platform covers all the necessary steps of the LkSG so that you can implement the regulatory requirements holistically, securely and conveniently. The LkSG conformity of our solution was confirmed by an expert opinion from the renowned law firm Taylor Wessing. The risk analysis function of our software also fulfills the requirements of the CSRD, EUDR and CSDDD. The VERSO Supply Chain Hub also supports the establishment of preventive and corrective measures as well as automated documentation and reporting to the BAFA.
Obtain information from suppliers
With VERSO you create transparency at all stages of your supply chain. Automated self-assessments cover all relevant sustainability requirements and make it easy to obtain information on over 15 topics such as environmental protection, occupational safety and responsible procurement. The query is carried out under the highest data protection and security standards – certified in accordance with ISO 27001. Suppliers can share their company profile with any number of customers on the platform, which drastically reduces the workload.
- Provided assessments are crucial for ESG evaluations and risk analyses (§5 LkSG), support the implementation of preventive measures (§6 LkSG) and meet the highest standards according to UN Guiding Principles and Greenhouse Gas Protocol
- Automatic evaluation of your suppliers’ responses and visualization in the dashboard
- Comprehensive visualization and evaluation thanks to graph technology
- Reporting functions for the creation of qualified reports in accordance with GRI or CSRD specifications for top management and external reporting (e.g. for authorities)
Achieving climate targets
For many companies, up to 80 % of total emissions are generated in the supply chain alone. This means that the supply chain is crucial to achieving your Net Zero targets. With the VERSO Supply Chain Hub, you can easily gain insights into your suppliers’ climate protection targets and measures and identify emission hotspots. Record your suppliers’ carbon footprints and emissions data accurately and efficiently implement reduction measures and climate protection targets in accordance with SBTi for the supply chain – or meet your CBAM obligations automatically. Together with your suppliers, you are taking a decisive step towards Net Zero. Create a solid database for supply chain reduction reporting and easily meet regulatory requirements such as CSRD and CBAM.
- Implement climate targets for your supply chain in accordance with SBTi, ESRS, GHG Protocol or CDP
- Creating transparency about your suppliers’ climate protection efforts and targets
- Effortlessly integrate CO2 data from the supply chain into your reporting
Memberships and awards
VERSO is a proud member and network partner of a number of associations that are committed to sustainable business practices. Our platform for sustainability and supply chain risk management is hosted and made in Germany and is verifiably secure with ISO 27001 certification.
Questions and answers about the VERSO Supply Chain Hub
How long does the implementation take?
VERSO is a cloud-based software. There is therefore no complex implementation process. You will receive your login and can get started straight away. VERSO is intuitive to use. If you do have any questions, you can seek help from our helpdesk or our team, who will gladly help you.
What interfaces does the VERSO Supply Chain Platform offer?
Thanks to our transparently documented RestfulAPI, you can easily integrate our platform into your procurement processes and connect your IT landscape quickly and easily. Benefit from flexible CSV exports and imports of all data points in the platform and from our experts’ many years of experience in system integration. Please feel free to contact us.
How is the platform accepted by suppliers?
Acceptance is very high. It is free, intuitive and easy for your suppliers to use. Technical terms are explained throughout to maximize the response rate of your surveys. Further advantages are the multilingualism of the entire platform and the ability to share the profile or data with any number of customers.
Which regulatory requirements for the supply chain can I fulfill with the VERSO Supply Chain Platform?
The Supply Chain Sustainability Obligations Act (LkSG), the Corporate Sustainability Reporting Directive (CSRD), the EU Supply Chain Directive (CSDDD), the Carbon Border Adjustment Mechanism (CBAM) and the EU Deforestation Directive (EUDR).
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Get to know the VERSO Supply Chain Hub in practice!