Altair Global Relocation

12/02/2024 | Press release | Distributed by Public on 12/02/2024 15:15

Compliance Confidence: Altair Global’s Supplier Partner Network Recognized as Low-Risk

In 2018, Altair launched a comprehensive assessment to truly assess our supply chain strength and understand the risk level of our supplier network. The annual risk assessment process is managed through CENTRL, an industry-leading compliance management technology. Each preferred partner must answer 164 questions, split into 20 categories. Our questions cover:

  • Software application security
  • Incident event and communications management
  • Security policy
  • Compliance and privacy
  • Cloud security
  • Mobile applications
  • Certifications
  • Business resiliency
  • Finance
  • Environmental Social Governance (ESG)
  • …and many more

Altair is proud to share that 97% of our supplier partner network is rated low- to medium-risk. Further, in 2023 we added an ESG section to the assessment. The most recent survey showed that 77% of our supplier network has fully implemented and 23% have partially implemented ESG initiatives and reporting into their business processes - we're proud to say that not a single partner surveyed has yet to begin this work.