Sustainability-focused data solutions company Diginex announced today the launch of diginexLUMEN, a new supply chain transparency solution, developed in partnership with The Coca-Cola Company and consumer goods company Reckitt.
The new solution aims to provide companies with insight into their suppliers’ risk related to labor exploitation and forced labor by offering a governance and screening process, multilingual worker voice surveys, algorithm-based risk scoring and ESG reporting formats. Ultimately, the tool helps collect comparable information about working conditions in complex supply chains, validate this information, and automate risk calculation.
Mark Blick, CEO, Diginex said:
“ESG products and services have primarily focused on the ‘environmental’ and ‘governance’ aspects to date – the ‘social’ aspect has been harder to address. diginexLUMEN is here to change that by setting a new standard for supply chain due diligence. The granular insight that diginexLUMEN gives brands has the power to transform the lives of millions of people currently stripped of their employment rights and working in potentially harmful conditions.”
Diginex stated that the new solution was based on lessons from an initial partnership with The Coca-Cola Company focused on responsible recruitment in Middle East countries, and was developed and scaled with financial and technical support provided by Coca Cola and Reckitt.
David Pettet, Global Human Rights & Sustainable Supply Chain Director, Reckitt, said:
“In line with our compass of putting people first and doing the right thing always, our partnership with diginexLUMEN provided us with an innovative tool that increases our understanding of recruitment practices within our supply chain. This transparency empowers us to take targeted action to promote ethical recruitment as we strive to create a fairer, more inclusive society.”
The new solution comes as human rights due diligence and forced labor legislation is tightening globally. In February, the European Commission issued a proposal for a Directive on Corporate Sustainability Due Diligence to tackle human rights and environmental impacts across global value chains. The Directive would impose a due diligence duty on companies in certain in high-risk sectors to mitigate adverse impacts in their own operations, subsidiaries and value chains.
Paul Lalli, Global Head of Human Rights, The Coca-Cola Company said:
“The Coca-Cola Company believes respect for human rights is critical to good business, and we are tremendously proud of our industry-leading supply chain program. We constantly invest in innovation to drive better insight and meaningful improvement across our value chain. That’s why we first partnered with Diginex in 2019 to advance best practice in sustainability due diligence. We are thrilled with the diginexLUMEN initiative flowing from our partnership and look forward to leveraging it in our program and helping other ethical companies across the world.”
The new solution is the latest addition to Diginex’s product suite, which includes diginexESG, a blockchain-enabled ESG platform and diginexCLIMATE, an environmental management software that helps companies improve their carbon footprint.
“We hope diginexLUMEN’s affordable price point continues to help businesses of all sizes improve their ESG credentials, meet investor demand and remain compliant with incoming regulation, so we can co-create fairer and more sustainable business practices that work for both people and the planet.”