Reduce the impact your
supply chain has on biodiversity
Simplified biodiversity risk management and compliance at your fingertips
Identify, manage and mitigate species extinction risk along your supply chain.
Start today using only basic business data.
Mitigate risk and make progress sooner
Assess your impact on biodiversity using only minimal data.
Monitor effectively
Calculate and report on extinction risk with ease against the very latest standards.
Act with confidence
Make impactful decisions about your suppliers and investments.
Trusted by the best companies in the world
Features
Assess
Deep supply chain analysis using only basic business data
Map your entire supply chain or portfolio and gain an understanding of the associated species extinction risk.
- Identify the locations and industries most implicated in species extinction risk
- Automated classification and footprinting
- Data you can trust, in language all can understand
Action
Understand your highest priorities and discover your next steps
Make progress with confidence and without delay. Receive actionable insights based on the assessment results, guiding you in formulating targeted strategies to reduce species extinction risk effectively.
- Immediately identify highest risk areas based on location and industry for due diligence with industry benchmarking
- Take action guided by your assessment results and our expert recommendations
- Easily integrate into existing procurement and investment processes
Impact
Stay on top of evolving reporting demands
Be business focused, but regulation ready. Fair Supply’s methodology is compliant with the TNFD guidelines. (Species extinction risk is one of 5 “state of nature” indicators included in the TNFD.) Monitor and report on change over time, updated at your own reporting frequency. Celebrate and highlight progress against global and industry benchmarks.
- Compliance reporting, audit and assurance ready
- Enjoy Task Force for Nature-related Financial Disclosures (TNFD) capabilities
- Export data and visuals directly to presentations and compliance statements
- All your ESG reports & data in one place, stored in the cloud and available whenever you need them
use cases
Monitor your supply chain
Fair Supply’s platform allows you to monitor, compare and report on changes in your supply chain over time.
Quality data at your fingertips
Access a library of knowledge, consisting of the highest quality and most up to date data, all in the one location.
Guidance on global compliance
Increase your understanding of global compliance and evolving regulatory requirements.
Supplier screening
Assess the modern slavery risks for potential suppliers prior to contracting. Screen existing suppliers prior to contract renewal.
Easy use/integration
Fair Supply’s platform enables integration into existing procurement and risk management processes and software.
Risk mitigation
Utilise risk assessment results to undertake further due diligence and supplier engagement.
Reporting and screening
Report to stakeholders on portfolio risk and proactively assess potential individual investments.
Quality data
Access quality data for listed and private equities, debt finance and sovereign bonds.
Due diligence
Automated ESG due diligence that seamlessly integrates into your investment process.
Why you’ll love Fair Supply
Support
Our team of experts is available to support your evolving ESG risk management and compliance needs.
Resources
The most up-to-date data, the latest risk mitigation strategies and insightful reporting guidance.
Data security
The security of customer data is of paramount importance to us. FairSupply’s Information Security Management System certified to ISO 27001.
Platform
Fair Supply
Your complete
ESG solution.
Biodiversity
FAQs
In addition to spend amounts, we require the names of your suppliers, their locations (country only), their ABN, the primary industry in which they operate and your classification.
Fair Supply’s API ensures effortless integration of Fair Supply’s data in your existing procurement and supply chain management systems.
Fair Supply’s platform enables you to track your progress in addressing ESG risks and meeting compliance goals. We graphically reflect your progress over time allowing you to easily compare previous assessments. Your assessment results can be used to assist in reporting.
The International Union for Conservation of Nature (IUCN) Red List of Threatened species is the global authority on the conservation status of animal, fungi and plant species. This dataset contains detailed information on more than 134,000 species. Each species is assigned an extinction risk category based on an expert assessment. Importantly, the IUCN Red List also contains information on the nature of the threats to each species. Habitat maps provide spatial information which rounds out the information required to connect species impacts to consumption patterns. The information curated in the IUCN Red List was used to generate the non-normalised Species Threat Abatement and Restoration (nSTAR) metric. This unit-less metric converts the extinction risk classification of each species, and the scope and severity of the threats acting on it, into a numeric value which provides an indicator of how likely that species is to move closer to extinction. The nSTAR value for each species, economic sector, and country can be calculated, providing the underlying metric for use with Fair Supply’s Integrated Assessment Engine.
