The ABAC Compliance Landscape
The presence of bribery and corruption in your supply chain impacts investor interest, market access, reputational risk, and your ability to meet customer requirements. To comply with ABAC regulations, manufacturers have to see deep into the supply chain to collect ESG reporting data. However, getting this information from suppliers is difficult, and the regulatory landscape is always evolving.
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The Risks of Non-Compliance
Achieving ABAC compliance is a continuous, ongoing effort. The risks for manufacturers are substantial, and the challenges are complex:
- Market access: Loss of access to any number of global markets — and you can’t grow where you can’t go.
- Company reputation: Risks hidden in supply chains expose your brand to potential damages.
- Inability to prove compliance: Without supply chain transparency, proving due diligence is difficult, if not impossible.
- Misaligned focus: In the event of a compliance issue, staff lose time resolving it instead of focusing on the jobs they were hired to do.
Combating Bribery & Corruption in the Supply Chain
According to a 2018 study, nearly 50 percent of companies that rely on third parties experienced a bribery or corruption risk incident. This whitepaper covers why companies are still liable for the actions of their third parties, how to build a strong ABAC compliance program, and how a solution that deep-maps the complex supply chain mitigates risk.Get the Whitepaper
ABAC Solution Capabilities
Robust Data Collection
Gather defensible due diligence data with disclosures based on a deep understanding of regulations, materiality, and best practices.
Full Supply Chain Visibility
Deep-map your supply chain risk beyond surface-level disclosures by monitoring suppliers for topics material to your business, so you can prioritize the ones with a strong ESG track record.
The Assent Advantage
We’re the only ESG supply chain sustainability management platform built specifically for complex manufacturers. We help you see deeper, be smarter, and grow better. Our solution is built on industry best practices, so you can manage data in a single platform across the company and prioritize risks.
Solutions for ESG
Build a strong foundation with Assent’s reporting and monitoring solutions to meet ESG demands.
Build Your ESG Foundation
Start building your missing ESG foundation with CSR, product compliance, and indirect supplier monitoring.
Kickstart Your Minerals CSR Program
See how Assent gives you deep transparency into your mineral sourcing, as well as insights into your suppliers and parts.
Conflict Minerals Reporting
Streamline supplier communication and collect standardized, reliable conflict minerals data from your supply chain with Assent.
Industry Solutions for Complex Manufacturing
Discover how our automated supply chain sustainability management solutions help complex manufacturers see deeper, be smarter, and grow better.
Electronic Industry Solution
Find solutions to deep-map your electronics supply chain. Learn more about Assent’s platform and how we support your business growth goals.
Industrial Equipment Solution
Assent helps industrial equipment manufacturers grow better by allowing you to see deep into your supply chain.
See Deeper, Be Smarter, Grow Better
See why our supply chain sustainability platform is the number one choice for the world’s most sustainable complex manufacturers looking to manage Anti-Bribery, Anti-Corruption compliance.