Cincinnati, OH, May 7, 2021 – Benchmark ESG™ | Gensuite®, a cloud-based Environmental, Social, Governance (ESG) software solutions provider, announced today that it was mentioned as a Representative Vendor in Gartner’s Market Guide for Supplier Sustainability Applications. The first market guide of its kind, the recent Gartner report offers insights into the emerging sustainability space and where companies looking to enhance their responsible sourcing programs through a digital solution should focus their attentions.
According to Gartner, “Supplier sustainability applications enable organizations to collect and assess supplier performance on responsible sourcing requirements covering environmental, social and governance (ESG) issues. They provide organizations the ability to respond to a critical question: How sustainable are my suppliers?”
In the emerging and quickly evolving responsible sourcing and supply chain sustainability space, Benchmark ESG™ was named as one of 12 validated vendors offering the core capabilities of data collection, data analysis, and domain expertise. Gartner mentioned the robust functionality innate in the Benchmark ESG™ Responsible Sourcing solution, calling out the comprehensive nature of their entire Benchmark Stewardship suite to encompass a broader set of ESG program goals. While, according to Gartner, “The vendor landscape for supplier sustainability insights is extremely fragmented, with vendors having varying capabilities and different focus areas. Some vendors focus on a wide range of regulatory compliance issues, while others are specialized on single issues…” Benchmark ESG™ was noted to offer supplier risk and audit management capabilities in conjunction with their responsible sourcing solution.
“The pandemic, over the past year and a half, brought supply chain continuity and the impacts of disruption into clear focus. Organizations are quickly ramping up their supply chain risk and sustainability programs to enable improved supplier due diligence and analytics. Companies are making important commitments to their investors and stakeholders around performance both internally and in their supply chain. Digital solutions are key to enabling that at the operational level,” says Donavan Hornsby, Corporate Development & Strategy Officer, Benchmark ESG™
The Benchmark ESG™ Product Stewardship suite was launched in 2006 and continues to expand functionality to offer subscribers a comprehensive solution for managing their responsible sourcing programs, maintaining regulatory compliance, centralizing supplier risk and audit management, as well as supply chain continuity. Learn more about the Benchmark Stewardship suite to transform your product compliance and responsible sourcing programs.
Gartner does not endorse any vendor, product or service depicted in our research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
About Benchmark ESG™| Gensuite®
Benchmark ESG™ | Gensuite® enables companies to implement robust cross-functional Environmental, Social, and Governance (ESG) Solutions – locally, globally and across diverse operating profiles. Our comprehensive cloud-based software suite features intuitive, best-practice process functionality, flexible configurations and powerful extensions. For over two decades, we’ve helped companies manage safe & sustainable operations worldwide, with a focus on fast return on investment (ROI), service excellence and continuous innovation. Join over 1,500,000 users that trust Benchmark ESG™ Powered by Gensuite® with their software system needs for operational risk and compliance, EHS, sustainability, product stewardship and responsible sourcing.