Groupe BPCE, BNP Paribas, Crédit Agricole, and Société Générale have won official recognition for a joint project, a CSR risk mapping tool applied to purchasing.
The initiative is in line with the French duty of vigilance law enacted in March 2017, which urges companies to identify risks and prevent serious violations of human rights and fundamental freedoms, human health and safety and the environment. These potential risks result from their own activities as well as those of their subsidiaries, subcontractors, and suppliers.
The four players have been involved in responsible purchasing for several years; they share the same purchasing categories and the same level of maturity in this area. For these reasons, they have developed, in partnership with the AFNOR group, a common tool for identifying, assessing and prioritizing CSR risks, in a supply chain approach, for around 100 purchasing categories. The implementation of this tool, which is scalable and adaptable to the context and usage, remains in the hands of each banking group.