STACS enhances ESGpedia with IAF to help businesses move to net zero by assuring supply chain sustainability through ISO certifications on IAF CertSearch.
The environmental, social, and governance (ESG) data and technology solutions provider STACS in Asia has partnered with the International Accreditation Forum (IAF) to support businesses’ transition to net zero. By working with the IAF, STACS has improved its ESGpedia platform to assist businesses in achieving net zero targets through better supply chain sustainability management, namely by ensuring that suppliers have recognized ISO certifications.
The most recent development involves working along with IAF CertSearch, a global certificate database that is powered by Quality Trade, a business-to-business (B2B) marketplace for ISO-certified businesses.
Using the platform has already been successful for certain businesses. Maxeon Solar Technologies is participating in the live use case as a corporate representative for the solar innovation and channels company. In order to track the sustainability performance of suppliers in its end-to-end supply chain, Maxeon started using comprehensive data and digital solutions on ESGpedia last October 2022.
Moreover Maxeon can make sure that the vendors in its supply chain adhere to its corporate sustainability standards by using the ESGpedia platform to verify that they are ISO-compliant.
According to Maxeon’s chief legal and sustainability officer Lindsey Wiedmann, “Maxeon rigorously screens suppliers and requires that they are ISO-certified as part of our company’s objective of Powering Positive ChangeTM. Our collaboration with ESGpedia by STACS aims to create a single data repository where all pertinent ISO certificates of current suppliers can be viewed holistically in one place.
ESGpedia encourages net-zero travel
“With ESGpedia, we support corporates’ net zero journey and help them manage their supply chain sustainability and scope 3 emissions, to stay ahead of regulations, future-proof, and strengthen their competitive edge,” said Sharon Yuen, chief commercial officer of STACS.
“Companies like Maxeon with more intricate supply chains and local suppliers must prioritize a digital solution. To help companies like Maxeon assure the total greenness of their supply chains, we are happy to work with the International Accreditation Forum and Quality Trade. We also continue our cooperation with corporate partners through ESGpedia.
“The IAF CertSearch database helps businesses, asset owners, and regulators know exactly which organizations in their supply chains, portfolios, and networks hold valid accredited certifications,” continued Emanuele Riva, head of the International Accreditation Forum.
“There has never been a more important time to know your suppliers, customers, and investees meet international standards, particularly in the area of ESG,” said Rajesh Maheshwari, chair of the IAF database management committee. The database allays concerns about “greenwashing,” as it tracks and makes certification validity transparent.
Finally the chief executive of Quality Trade, Nigel Johnston, stated: “To operate in today’s digital economy, businesses, asset owners, and regulators demand rapid and trustworthy information interchange. We are eager to collaborate with STACS to make sure that accurate, accredited certification information is collected and accessible on ESGpedia, assisting organizations like Maxeon in achieving their sustainability objectives.