Issue 590 (Week ending 12/07/2023)

The importance of assessing and monitoring the sustainability of companies you do business with is becoming increasingly more important in today's business landscape. Businesses are becoming increasingly concerned about the environmental impact their business decisions may have on the environment, and many are actively seeking to do business with companies who prioritize sustainability.

At CRIFVision-net, we specialize in helping businesses across Ireland in compliance and conducting risk audits, from AML/KYC to company monitoring.

In light of recent EU Directives, we have added an additional service to our Risk Audit process, we call it Synesgy. Our new sustainability solution will allow you to assess and monitor the sustainability of companies across Ireland.

Synesgy is designed to help you understand the Environmental impact, Social responsibility and Governance practices of the companies you do business with.

Synesgy is a sustainability reporting tool that will allow you to identify the risk of doing business with companies, while also providing you with actionable steps you can take to mitigate those risks.

Here is just a few ways Synesgy can help you prioritize sustainability:

• Identify Areas of Improvement: We can help you identify areas where your business may not be operating sustainably, such as excessive waste production or energy inefficiency.
• Prioritize Sustainability: Once potential risks have been identified, are ESG experts are on hand to offer you advise on how you can improve your business practices.
• Increase Transparency: Synesgy can help you increase transparency around your sustainable practices, by demonstrating your commitment to sustainability and sharing your progress with the companies you do business with.

At CRIFVision-net, we believe sustainability and risk management go hand in hand. By conducting regular risk audits on your business partners with Synesgy, you can ensure your business is operating in a way that is both environmentally and financially sustainable.

To learn more about Synesgy, or to sign up today, simply email us at Solutions.vision-net@crif.com, or call Tel: 01 903 2660.