SE7.2: Monitoring External Suppliers/Service Providers – Above Green

Intent

This indicator examines the methods used by a participant to monitor external suppliers’ and/or service providers’ compliance with the participants ESG-specific requirements. This indicator refers to suppliers other than the property / asset managers covered in SE7.1.

Requirements

Select yes or no. If yes, select all applicable sub-options.

Does the entity monitor other direct external suppliers’ and/or service providers’ compliance with the ESG-specific requirements in place for this entity?

Yes
- Select all methods used (multiple answers possible)
  - Checks performed by an independent third party
  - Regular meetings and/or checks performed by external property/asset managers
  - Regular meeting and/or checks performed by the entity's employees
  - Require supplier/service providers' alignment with a professional standard
    - Standard: _____________
  - Supplier/service provider ESG trianing
  - Supplier/service provider self-assessments
  - Other: _____________
No
Not applicable

Validation

Other: State the other method used for monitoring. It is possible to report multiple other answers.

Professional standard: If ‘require alignment with a professional standard’ is selected, state the professional standard. It is possible to report multiple standards.

See Appendix 2a for additional information about GRESB Validation.

Scoring

1 point, S

Scoring is based on the number of selected options. It is not necessary to select all options to achieve the maximum score.

Other: The 'Other' answer is manually validated and points are contingent on the validation decision.

See the Scoring Document for additional information on scoring.

Terminology

Checks by the entity’s employees or by external property/asset managers: Formal, structured checks that assess the compliance with sustainability-specific requirements in place for that supplier.

ESG-specific requirements: Includes specification and use of sustainable and energy efficient materials, systems, equipment and onsite operating practices, e.g. regarding access to the site, environmental impact, community impact, health and safety, etc..

Monitoring of external suppliers and/or service providers: Performance evaluation and incentives in place for direct external suppliers and/or service providers to employ ESG related processes in their day-to-day work.

Regular meetings with suppliers: Meetings with suppliers that take place at least four times per year, addressing sustainability-specific requirements in place for that supplier.

Update reports: Written reports received from suppliers that address compliance with the sustainability-specific requirements in place for that supplier.

References

GRI Sustainability Reporting Standards, 2016: GRI 308; GRI 414; 414-1; 412-1

RobecoSAM Corporate Sustainability Assessment, 2017: 3.5.2, Risk Exposure