How Does Government Supply Chain Data Support ESG Efforts?

Every entity nowadays, whether it is a government agency, a company, or an investment institution, is aware of the need for environmental efficiency. 

Organizations are increasingly interested both in reducing their own environmental impact and working with partners that are committed to meeting and exceeding ESG goals. 

One way to bolster ESG efforts is to monitor the supply chain networks of hundreds of government agencies from all around the world.

The government supply chain data by TenderAlpha provides investment institutions with unique insights that help evaluate the environmental impact of governments and suppliers and discover investment opportunities. 

The data feed is founded upon three main pillars - government contract awards data, customs data, and company filings.

These three sources combined make up a powerful data product, which contains comprehensive information about the relationships between governments and their suppliers down to the 4th level.

Government Contracts Data

Through the government contracts data stream, you can find out which government suppliers excel in the delivery of eco-friendly public contracts since each contract in the database is classified as either ‘green’ or ‘not green’. 

Going through the green contracts can reveal trends about the efforts government agencies make to procure more sustainable goods and services, and also about the levels of demand for certain technologies. 

This could open up opportunities for investors as they single out the most ESG-conscious players in various markets and identify the most pressing needs in multiple industries. 

Customs Data

TenderAlpha’s product can also help reveal the extent to which governments are committed to ethical sourcing. The shipping data carries valuable insights, showing if goods and services are imported from countries and regions with ethical concerns, for example, human rights violations. 

Then, investors who increasingly consider ESG factors before taking an investment decision, can get a good idea of a company’s performance as a government supplier and evaluate its efforts to be ESG effective in its projects, as well as in its selection of subcontractors. 

Company Filings 

Finally, the company filings branch of the data further enriches the knowledge about customer-supplier relationships and may indicate a company’s priorities with regards to improving ESG performance as demonstrated by the projects it undertakes. 

The 4-tier supply chain data provides an extra dimension to a better understanding of the strategic partnerships of key government suppliers and the ESG implications of their activities. 

For example, it offers clarity over the actual sustainability of top government contractors’ supply chains. The data helps investors assess whether their target companies have established a truly green and sustainable supply chain and thus check if these companies’ decisions align with their own investment philosophy. 

The combination of three complementary data sources and especially the unique use of government contracts data make the TenderAlpha Government Supply Chain Data Feed a sought-after tool, which can be employed by investors to uncover opportunities and trends before anyone else. 

Looking to see for yourself what the data can do for you? Contact us now and book your free trial! 

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