Insights
This major integration is further streamlining how businesses verify the proximity of their supplier facilities to protected areas, thus reinforcing their commitment to environmental stewardship and regulatory compliance.
Companies worldwide are recognising the imperative of ensuring their supply chains align with ethical, environmental, and regulatory standards. However, pinpointing, and mitigating risks tied to locations has always been a complex challenge. Origin's latest leap forward is helping to change that.
Origin's newest feature harnesses the power of open-source satellite data provided by the World Resource Institute (WRI). By incorporating this invaluable resource into our platform, we are empowering businesses with unparalleled visibility into their supplier profiles and supply chains.
WRI's satellite data is a goldmine of environmental insights. It spans a spectrum of vital concerns, including forest change monitoring, assessing water-related risks, identifying protected areas, wildlife reserves, and forest conservation zones, among other critical data points.
Origin can now accurately determine the location of a facility in relation to protected areas. Achieving this is as simple as dropping a pin on a Google-powered map, the precise location can be validated through the Origin management portal by administrators or on-site assessors.
Beyond enhancing visibility, having precise maps of supply chain facilities is pivotal for more than mere. By discerning facilities situated near protected areas, companies can not only assess their compliance with environmental regulations but also take proactive steps to minimise their ecological footprint.
Understanding a facility's proximity to areas of concern is a crucial facet of risk assessment and mitigation. This integration substantially reduces the likelihood of encountering legal or reputational issues, fortifying the resilience of your supply chain. Importantly, it positions businesses to adhere to and benefit from existing and forthcoming regulations.
In a world where regulatory frameworks are continually evolving, responsible businesses stand to gain immensely from compliance with existing legislation such as the German Supply Chain Due Diligence Act (SCDDA) and the soon-to-come-into-effect EU Supply Chain Law. These regulations mandate rigorous due diligence measures to safeguard human rights, environmental standards, and responsible business conduct across global supply chains.
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Enhancing Due Diligence: Origin's Satellite Data Integration for Responsible Sourcing
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