We assess your suppliers ESG & sustainability and provide a scorecard
Speeki Qualify™ tests your suppliers and provides a scorecard of their results. This information is critical in your qualification process.
New legislation in Europe and around the World expects you to conduct detailed assessments on your suppliers with respect to several key ESG and sustainability risks.
Speeki Qualify™ is a testing and scorecard solution for you to test your suppliers on key ESG and sustainability areas. It is part of the suite of products that makes up Speeki's solutions for supply chain selection, qualification and due diligence.
Speeki Qualify™ consists of (up to) 19 web based assessments for the supplier to complete as part of their qualification process in being your supplier. Based on the results of these assessments - you decide how best to engage with the supplier and whether you wish to go forward with them. Should you wish to go forward, then Speeki's background check/due diligence solution, Speeki Trust™, our contract solution, Speeki On-Board™ and our audit solutions, Speeki Partner Integrity™ can further assist.
What is Speeki Qualify™?
Speeki Qualify™ is a supplier qualification solution based on your supplier completing online assessments to test and scorecard their ESG and sustainability. The assessments are scored, rated and a scorecard provided back to you and your supplier.
Your supplier can complete any or all of the Speeki Qualify™ assessments at any time according to your instructions (or what has been recommended following our Speeki Path™ recommendation).
The supplier receives a scorecard for each of the assessments completed with guidance on how they can address any shortcomings.
Is Speeki Qualify™ a background check?
Speeki Qualify™ consists of 19 different assessments across 19 key risks areas that cover all the key areas within ESG and sustainability. Is is part of your qualification process. Speeki recommends a separate background check to be completed that looks at the publicly available information on the supplier. Speeki Trust™ is our background check solution and compliments Speeki Qualify™.
What is the scorecard mechanism for Speeki Qualify™?
Speeki Qualify™ features
Following engagement, invitation emails can be sent to your suppliers in minutes kicking off the assessment process. The assessments are online, ready to go and are easily accessible.
Easy document upload for suppliers
Suppliers can drag and drop documents and images as needed to support their answers in the online questionnaire. Speeki Qualify™ assessments do require the supplier to provide evidence, not just tick 'yes' to questions.
We connect with your supplier and hand-hold them through the process.
Speeki Qualify™ includes time for our team to connect with the supplier. This frees up your resources. Our team will answer any questions the supplier has and get threm through the process as quickly as possible.
Many topics are available for the supplier to complete and should be selected based on your organisation’s engagedment with the supplier.
You can have your supplier complete multiple assessments based on a range of 'higher risk' areas. These areas can be generated based on the Speeki Path™ engagement which provides a guide on what areas might be important.
Collaboration with multiple teams
Your supplier can engage multiple teams throughout their organisation to help answer the online questionnaire. It may be that they have to engage different people to answer different questions.
A scorecard is produced for every assessment
Use the scorecard to see how your supplier is performing in the assessment. The supplier can use the scorecard to improve their performance and drive improvements in their ESG and sustainability systems.
Fair assessment and score
The Speeki Qualify™ assessment and scoring process is robust. Part automation and part human expert evaluation. We review and look at the documents uploaded and provide expert analysis on their systems.
Share and communicate your achievements
Your supplier us free to communicate internally and externally their scorecard results. That is entirely up to them.
The benefits to your supplier of using Speeki Qualify™
Market their ESG indicators to their customers
Your supplier can give their customers the comfort they are managing their ESG and sustainability risks and opportunities effectively by benchmarking against international best practices.
Demonstrate their commitment to ESG programme improvement
Your supplier can develop and maintain trust in their brand and business through measuring their current ESG-related position against ESG objectives and continuously improve their programme where needed.
Determine their position against expected best practice
Part audit, part self-assessment, Speeki Qualify™ enables organisations to assess their ESG position based on an evidence-based scoring methodology and the organisation’s own inputs and supporting documentation.
Effectively reduce your risk of fines, breaches, and infringements
Be confident through independent verification that your supplier has lowered their risks of non-compliance with ESG issues and therefore has reduced your exposure as well.
Confirm your supplier's ESG without building in-house teams.
Each Speeki Qualify™ assessment is reviewed by our experts. You don't need to hire experts across multiple areas into your procurement or supplier teams. We can manage this for you.
Gain insights and clear guidelines
Obtain a comprehensive assessment of the supplier's environmental, social and governance systems. They can use the provided feedback and indicators to improve their performance and plan next steps based on international best practices.
How is Speeki Qualify™ different from a ratings agency that rates a company's ESG?
Focused areas and topics
Speeki Qualify™ is not just one 'ESG assessment'. It is 19 different assessments across multiple areas. It breaks ESG and sustainability into separate areas and forms an assessment across specific areas.
Feedback to the supplier is given
Most ratings are simply that. A rating. Speeki Qualify™ is different. Speeki Qualify™ gives something of value to you and the supplier. Some actionable feedback based on expert guidance.
Engagement with the supplier directly
Most ratings agency never engage with the company. They just scrape the data from the internet and make an automated assessment. Speeki Qualify™ engages with the supplier and works with them to get the most information possible into their assessment.
Not just based on web crawling
Ratings agencies use public data that is on websites. That is not always realistic as most companies do not share this sort of information publicly. Speeki Qualify™ does not scrape information. The assessment is completed, documents uploaded, evidence reviewed and reported upon.
Documentation and evidence based
Speeki Qualify™ involves the review of policies, procedures, stakeholder assessments, dashboards and other information uploaded by the supplier. The Speeki Qualify™ process is documentation based not based on hollow boxes ticked on web forms.
Get a scorecard with guidance
Most ratings agencies are driven by their customer subscriber and their ability to materialise revenue from the collected data. The Speeki Qualify™ process is driven on building a better supplier that manages their risk better to reduce your risk and improve their planet.
Public results at your supplier's decision
Speeki does not publish the results of Speeki Qualify™ unless specifically requested by the Supplier on which the assessment was made. It is entirely the supplier's decision.
Expertise in Speeki adds significant value
Speeki Qualify™ is delivered by the experts at Speeki. We are not a ratings agency nor a technology company. We use technology to support our experts in providing our solutions.
What makes Speeki Qualify™ different a survey system with tick boxes?
We think that a Speeki Qualify™ scorecard makes sense for a company to see how they are doing and take steps to improve their ESG.
A questionnaire that asks questions to a supplier is:
- normally one way and gives no response to the supplier
- does not provide any feedback or direction to the supplier
- is rarely looked at in any detail by the supplier qualification department
- is rarely critically assessed by experts in ESG topic areas
- often lacks questions that are relevant and useful according to known risk areas
- asks too many questions on areas that are not relevant to that particular supplier
Using Speeki Path™ to assess the areas of risk in your supplier and then recommend the Speeki Qualify™ assessments to be completed supports a practical and appropriate way to manage risk in your supply chain.
How Speeki Qualify™ works for supplier qualification on ESG and sustainability issues.
Speeki Qualify™ is part of our solution for supplier onboarding
Check out Speeki Path™, our product to risk rate suppliers, Speeki Trust™, our background check service, Speeki OnBoard™, our contracting solution and Speeki Partner Integrity™, our audit solution for suppliers.