Connect with the Ecosystem through Due Diligence for your Growth journey
Due diligence is the bridge between isolated operations and connected, collaborative sustainability efforts.
The Due Diligence feature
Following the OECD Due Diligence Guidance for Responsible Business Conduct, Klappir’s sustainability platform supports a systematic scoping of your risks, and assessment of your actual or potential impact – examining Environmental, Social, and Governance (ESG) factors – both at the organization level and across the value chain.
On the Growth Plan, you get access to selected Due diligence features; Received surveys.
You will receive surveys from other companies in the Klappir Ecosystem actively opening direct communication lines from the Ecosystem to you – initiating engagement and positioning you as a collaborator growing its impact in the Ecosystem. With the Due Diligence feature you will:
Support your customers with high-quality data: On the Growth Plan, you can receive surveys from other companies in the Klappir Ecosystem, enabling you to support your customers with their ESG due diligence requirements. By sharing accurate insights into your sustainability ambitions and performance, you help them assess ESG risks and opportunities while positioning yourself as a transparent and trustworthy partner.
Be visible and connected to the Ecosystem via your Impact Profile: On one hand, you can leverage your sustainability data and demonstrate your ambitions and progress to stakeholders, investors, and regulators. On the other, by identifying your Geographical Risk and Sustainability Completeness Disclosures, you gain visibility into your organization's risks and opportunities – alongside those reflected in the Impact Profiles of other organizations within the Klappir Ecosystem.
Due Diligence in Klappir's platform
1. Review your Impact Profile
- Add accurate information about your organization in Organization>Impact Profile. In Summary, review that your country, sector and publicly available information are represented correctly. In the About section, you can add a current sustainability summary and share your sustainability ambitions.
- In Disclosures, scope your enterprise risk by answering the Disclosures completeness questionnaire – gain an understanding of your gaps across ESG and your focus areas vs. neglected areas.
2. Scope your suppliers
- Go to the Value Chain section in the Klappir platform and ensure that all suppliers are added for a full overview of your supply chain. Note: If you do not find your supplier you need to make a New legal entity and invite them to the platform.
- Review each supplier’s:
- Geographical risk in Country Profile: Each company is evaluated based on the SDG Index of its geographical location – a ranking from the Sustainable Development Report that measures a country's overall progress toward achieving all 17 Sustainable Development Goals (SDGs). Lower scores on the SDG Index indicate more significant developmental challenges and potential risks, resulting in a higher geographical risk.
- Disclosure completeness in Disclosures: The Completeness Disclosure process scopes:
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- Strengths and gaps across ESG (e.g., where you have policies in place and where you do not).
- Focus areas vs. neglected areas in your sustainability approach.
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- Identify high-risk suppliers to prioritize for further assessment based on the ESG performance gaps most relevant to your sustainability journey. Tip: Keep a simple Excel list of these suppliers so you can review and discuss them with your team internally.
3. Invite suppliers to complete their Impact profile
- You can now truly lead by example, growing impact at an Ecosystem level. Invite suppliers in your value chain without a complete Impact Profile or disclosure to build their own Core journey – building more transparency and clarity in your value chain.
- Access Value chain>Invitations to start connecting with your suppliers and invite them to build the bedrock to their connected, data-driven sustainability practices at no cost.
4. Assess high-risk suppliers
- Reassess using Geographical Risk scores + Disclosures responses and make a note of the suppliers you may need to evaluate further. Tip: Keep a simple Excel list of these suppliers so you can review and discuss them with your team internally.
- Want to take your assessment to the next level? On the Impact Plan you can unlock the Due diligence>Sent surveys feature where you can send surveys to high-risk suppliers to identify areas where risk mitigation strategies need to be prioritized.
5. You control your due diligence priorities
- Klappir tools guide you, but context matters.
- Consider:
- Criticality of supplier
- Strength of relationship
- Spend (financial importance)
It is your sustainability journey — and your due diligence priorities.
Your homework: Connect with the Ecosystem
- Review your Impact Profile
- Head to Due diligence>Received surveys to view and respond to assessments that require your attention.
- Go to the Value Chain section in the Klappir platform and ensure that all direct suppliers are added for a full overview of your supply chain.
- Keep a simple Excel list of the suppliers you want to assess further so you can review and discuss them with your team internally.
- Access Value chain>Invitations to start connecting with your suppliers and invite them to the Core journey where they can build the bedrock to their connected, data-driven sustainability practices at no cost.
- Once you have gone through whole the Due diligence process: Book your check-in meeting.
Next Steps
Perform due diligence to identify high-risk stakeholders in your own operations and value chain.
Head to Due Diligence → Sent Surveys on the platform to learn more.
Still unsure how to perform due diligence? Find support from our partners, or reach out to the service desk for additional guidance.