Sedex Case Studies Rémy Cointreau's Responsible Sourcing Practices with Sedex

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	Rémy Cointreau's Responsible Sourcing Practices with Sedex Sedex

Rémy Cointreau's Responsible Sourcing Practices with Sedex

Sedex

Technology Category	Platform as a Service (PaaS) - Application Development Platforms Sensors - Autonomous Driving Sensors
Applicable Industries	Equipment & Machinery
Applicable Functions	Procurement
Use Cases	Time Sensitive Networking
Challenge	Rémy Cointreau, a French family-run Group specializing in the production of cognacs, liqueurs, and champagne, was seeking to ensure responsible sourcing practices throughout their entire value chain. The company wanted to ensure that their suppliers, regardless of their location or industry, adhered to their responsible sourcing principles and guidelines. They aimed to set an example for their value chain that embodied their sustainability values, including policies that protect workers’ rights and respect the environment. Rémy Cointreau also wanted to promote transparency across their value chain and improve the lives of workers within their supply chain. Read More
About Customer	Rémy Cointreau is a French family-run Group that has been in operation since 1724. The company's main business is the production of cognacs, liqueurs, and champagne. Rémy Cointreau is deeply committed to responsible sourcing practices and sustainability. They believe in connecting land, people, and time, and strive to set an example for their value chain that embodies these values. No matter where their suppliers are based, Rémy Cointreau believes in having policies in place that protect workers’ rights and respect the environment. Read More
Solution	Rémy Cointreau joined Sedex in 2015 to address these challenges. Sedex provided a platform that allowed Rémy Cointreau to view important supplier data, monitor supplier activity, flag potential risks, and promote improvements throughout their value chain. The use of the Self-Assessment Questionnaire (SAQ) and SMETA audits facilitated this process. Rémy Cointreau also encouraged their suppliers to join Sedex, which allowed them to share their data with other members on the platform, saving them time and reducing audit fatigue. Sedex’s supplier risk assessment tool, Radar, was particularly useful in supporting Rémy Cointreau’s responsible sourcing program. Radar provided an overview of their suppliers’ risk level based on their region and the sector they operate in, and allowed Rémy Cointreau to share issues with their suppliers that could be overlooked and suggest improvement actions. Read More Log in to view content
Contents

Technology Category

Platform as a Service (PaaS) - Application Development Platforms

Sensors - Autonomous Driving Sensors

Applicable Industries

Equipment & Machinery

Applicable Functions

Procurement

Use Cases

Time Sensitive Networking

Challenge

Rémy Cointreau, a French family-run Group specializing in the production of cognacs, liqueurs, and champagne, was seeking to ensure responsible sourcing practices throughout their entire value chain. The company wanted to ensure that their suppliers, regardless of their location or industry, adhered to their responsible sourcing principles and guidelines. They aimed to set an example for their value chain that embodied their sustainability values, including policies that protect workers’ rights and respect the environment. Rémy Cointreau also wanted to promote transparency across their value chain and improve the lives of workers within their supply chain.

About Customer

Rémy Cointreau is a French family-run Group that has been in operation since 1724. The company's main business is the production of cognacs, liqueurs, and champagne. Rémy Cointreau is deeply committed to responsible sourcing practices and sustainability. They believe in connecting land, people, and time, and strive to set an example for their value chain that embodies these values. No matter where their suppliers are based, Rémy Cointreau believes in having policies in place that protect workers’ rights and respect the environment.

Solution

Rémy Cointreau joined Sedex in 2015 to address these challenges. Sedex provided a platform that allowed Rémy Cointreau to view important supplier data, monitor supplier activity, flag potential risks, and promote improvements throughout their value chain. The use of the Self-Assessment Questionnaire (SAQ) and SMETA audits facilitated this process. Rémy Cointreau also encouraged their suppliers to join Sedex, which allowed them to share their data with other members on the platform, saving them time and reducing audit fatigue. Sedex’s supplier risk assessment tool, Radar, was particularly useful in supporting Rémy Cointreau’s responsible sourcing program. Radar provided an overview of their suppliers’ risk level based on their region and the sector they operate in, and allowed Rémy Cointreau to share issues with their suppliers that could be overlooked and suggest improvement actions.

Impact #1	By using Sedex’s tools and services, Rémy Cointreau was able to monitor responsible sourcing practices throughout their value chain and report quarterly on progress towards their KPIs. The company was able to improve transparency across their value chain and promote responsible sourcing practices. The use of Sedex’s supplier risk assessment tool, Radar, allowed Rémy Cointreau to identify potential risks and suggest improvement actions to their suppliers. In extreme cases, it also allowed them to identify business critical issues that could lead to ending their commercial relationships with a supplier, thereby helping to mitigate risk and protect Rémy Cointreau.

Impact #1

By using Sedex’s tools and services, Rémy Cointreau was able to monitor responsible sourcing practices throughout their value chain and report quarterly on progress towards their KPIs. The company was able to improve transparency across their value chain and promote responsible sourcing practices. The use of Sedex’s supplier risk assessment tool, Radar, allowed Rémy Cointreau to identify potential risks and suggest improvement actions to their suppliers. In extreme cases, it also allowed them to identify business critical issues that could lead to ending their commercial relationships with a supplier, thereby helping to mitigate risk and protect Rémy Cointreau.

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Overview

Rémy Cointreau's Responsible Sourcing Practices with Sedex

Operational Impact