FairSupply
UnclaimedThe fastest way to manage ESG risk with defensible data across your entire supply chain.
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TL;DR - FairSupply
- Automates ESG risk assessment across global supply chains.
- Provides deep visibility into Modern Slavery, Carbon, Biodiversity, and Trade risks.
- Generates audit-ready reports and facilitates compliance with global frameworks.
Pricing: Paid only
Best for: Enterprises & pros
Pros & Cons
Pros
- Provides defensible and independently audited data for all suppliers globally.
- Significantly reduces manual effort and time compared to traditional risk assessment methods.
- Offers deep visibility into risks beyond Tier 1 suppliers, up to 10 tiers.
- Integrates multiple ESG risk types (Modern Slavery, Carbon, Biodiversity, Trade) into a single platform.
- Ensures compliance with various international ESG regulations and reporting frameworks.
Cons
- Specific pricing details are not publicly available, requiring a demo booking.
- The platform's comprehensive nature might have a learning curve for new users.
- Relies on AI and economic modeling, which, while refined by human experts, may require user trust in its underlying methodologies.
Key Features
Global supplier risk assessment using only supplier name and spendMulti-tier supply chain visibility (up to 10 tiers deep)Automated identification of high-risk suppliersTailored Supplier Assessment Questionnaires (SAQs) with automated response analysisContinuous monitoring and reassessment of supplier risk profilesModern Slavery risk assessment aligned with global acts (e.g., Australian Modern Slavery Act 2018, Canadian Fighting Against Forced Labour and Child Labour in Supply Chains Act, EU CSDDD)Scope 1, 2, and 3 Carbon Emissions modeling and reporting (GHG Protocol, ASRS, ISSB, CDP aligned)Biodiversity Impact assessment using nSTAR methodology (TNFD, CSRD, ISSB aligned)
Pricing Plans
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About FairSupply
By Toolradar Team·
Fair Supply is an ESG supply chain risk intelligence platform designed to help businesses identify, assess, and manage various environmental, social, and governance risks within their global supply chains. It provides defensible data on every supplier, enabling organizations to make informed decisions and maintain compliance with evolving regulations.
The platform is built for procurement and ESG teams, offering deep visibility into supply chain risks up to 10 tiers deep, including Modern Slavery, Carbon Emissions (Scope 1, 2, and 3), Biodiversity Impact, and Global Trade Risk. It automates risk assessment, supplier engagement through tailored SAQs, and continuous monitoring, ensuring businesses are audit-ready and can proactively address potential issues without extensive manual work or external consultants.
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FairSupply FAQ
How does Fair Supply achieve deep visibility into supply chain risks up to 10 tiers without extensive manual data collection?
Fair Supply leverages an AI engine that continuously maps, classifies, and updates global supplier connections. By inputting just a supplier's name and your spend, the platform can assess risk across thousands of suppliers worldwide and identify potential issues across multiple categories and up to 10 tiers deep, significantly reducing the need for manual data gathering.
What specific global frameworks and regulations does Fair Supply support for Modern Slavery and Carbon Emissions reporting?
For Modern Slavery, Fair Supply aligns with frameworks such as the Australian Modern Slavery Act 2018, the Canadian Fighting Against Forced Labour and Child Labour in Supply Chains Act (S.C. 2023, c. 9), and the EU CSDDD. For Carbon Emissions, it supports reporting in line with the GHG Protocol, ASRS, ISSB, and CDP.
Can Fair Supply help quantify a supplier's contribution to species extinction, and if so, what methodology is used?
Yes, Fair Supply can quantify each supplier’s contribution to species extinction as part of its Biodiversity Impact assessment. It utilizes the nSTAR methodology to provide supplier-specific risk ratings and benchmarkable insights, helping organizations understand and reduce their environmental impact.
How does Fair Supply ensure the data and insights provided are 'defensible' and audit-ready?
Fair Supply ensures defensibility through several mechanisms: its data is independently audited and assured, the AI models are continuously refined by human experts to align with evolving regulations, and the platform generates regulator-ready reports with immutable audit trails and robust, traceable methodologies, allowing businesses to stand up to scrutiny.
Beyond identifying high-risk suppliers, how does Fair Supply facilitate the actual engagement and mitigation process?
Fair Supply allows users to send pre-built, customized Supplier Assessment Questionnaires (SAQs) only to suppliers who exceed a defined risk threshold. It then provides automatic analysis of their responses, enabling teams to classify suppliers by risk level, track their maturity over time, and move from assessment to engagement with tools designed to drive real progress and remediation.
Is the Global Trade Risk feature limited to specific regions or does it cover international trade policies broadly?
The Global Trade Risk feature includes a tariff calculator designed to help users understand the impact of global trade policy shifts on their supply chain costs. This indicates a broad coverage of international trade policies rather than being limited to specific regions, allowing for comprehensive analysis of trade policy impacts.
Source: fairsupply.com.au