IntegrityNext and Dun & Bradstreet enter into partnership for more sustainable supply chains
Munich, February 22, 2024 - IntegrityNext, the cloud-based platform for sustainable supply chains, today announced a partnership with Dun & Bradstreet, a leading global provider of data and analytics for business decisions. The combination of business information from a globally recognized credit agency with sustainability information from IntegrityNext will further accelerate the move towards more sustainable supply chains.
The partnership enables legal regulations to be implemented even faster
Around 300 companies from almost all sectors are currently using IntegrityNext to monitor and manage the sustainability aspects of their approximately 1.5 million suppliers in 195 countries worldwide. Selected key figures provide information on the extent to which a company complies with environmental and human rights and which management and control processes it has in place. 80 percent of companies use the IntegrityNext platform to fulfill legal requirements, such as those of the German Supply Chain Duty of Care Act (LkSG). In addition to legal requirements, IntegrityNext also supports its customers with GRI-certified sustainability reporting and with the decarbonization of the supply chain.
Thanks to the partnership with Dun & Bradstreet, IntegrityNext customers benefit from verified economic data that can be integrated into analyses and reports without any additional effort. The added value for IntegrityNext customers is that they can comply with legal requirements and regulations much more quickly and easily.
"We are very happy about the new partnership with Dun & Bradstreet, as it is a win-win for our platform and our customers. The cooperation increases the speed and scalability of our solution by automatically adding additional relevant supplier data. Our risk and impact analyses thus take into account another data source that is recognized as highly trustworthy by our customers and worldwide," says Nick Heine, COO and co-founder of IntegrityNext, summarizing the significance of the new partnership.
Verified business information leads to more sustainable supply chains
Gaining transparency about the ESG compliance and sustainability performance of their suppliers is an enormous challenge for many companies. With IntegrityNext, they are well equipped for the constantly evolving laws, guidelines and standards in the area of ESG (Environment, Social and Governance). The software measures more than 45 industry and country KPIs on ESG risks such as child labor, occupational safety and pollution and applies them to a company's supplier base, which often includes tens of thousands of companies.
The necessary risk management and supplier assessment process will be further improved by the cooperation with Dun & Bradstreet. Dun & Bradstreet now provides three data points for the automated risk and impact assessment, which are automatically incorporated into the analyses.
As regulatory requirements for supply chains continue to increase, the reliability of supplier assessments is of paramount importance: "ESG criteria will change our global economic relationships in a comprehensive way. It is becoming essential for companies across all industries to analyze the extent to which environmental, social and ethical factors influence their business figures. The cooperation with IntegrityNext enables us to actively support our clients in this transformation," says Frank Meier-Gerssler, Executive Director Value Added Services at Dun & Bradstreet, explaining the added value of the collaboration.
IntegrityNext and Dun & Bradstreet intend to expand their partnership in the future. Customers will soon be able to enrich their reports and analyses directly on the IntegrityNext platform with additional business information from Dun & Bradstreet.
About Dun & Bradstreet
Dun & Bradstreet is a leading global provider of business data and analytics solutions. The company helps clients around the world to optimize their decision-making processes and increase their revenues. Dun & Bradstreet's Data Cloud forms the basis for this success and provides valuable insights. Based on this information, clients are able to increase revenue, reduce costs and risks and transform their business. Dun & Bradstreet has been helping organizations of all sizes reduce risk and uncover new business opportunities since 1841. For more information about Dun & Bradstreet, visit dnb.com
About IntegrityNext
IntegrityNext is a leading global cloud solution for supply chain management. IntegrityNext enables companies to quickly and cost-efficiently review their supplier base with regard to sustainability-related regulations (e.g. Supply Chain Due Diligence Act), standards (e.g. international human and labor rights) and voluntary commitments (e.g. decarbonization of the supply chain / Net Zero). IntegrityNext helps its clients to identify and manage ESG risks along the value chain, thereby reducing reputational and financial risks and improving sustainability performance in the long term.
