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20.1.1
Zurich, Yokohama Patch 2, Yokohama, Xanadu Patch 4, Xanadu, Washington DC Patch 7, Washington DC Patch 3, Vancouver Patch 9
The Third-Party Risk Management application helps customers manage their Third-Party Risk Management (TPRM) programs across a broad number of risk domains. Environmental, Social, and Goverance (ESG) is one of the risk domains that may necessitate the need to import information from content providers such as EcoVadis.
- Import the EcoVadis overall score into ServiceNow's External Monitoring Framework along with the thematic scores for each supplier.
- Create risk scorecards against supplier and against the ESG risk domain.
- Remediate incoming issues or findings from EcoVadis data.
- Continuously monitor the scores and automate remediation based on thresholds or risk appetite.
- Changed:
- Matching criteria has been updated to improve identification of a third-party from risk score providers score feed.
- The GRC: Third-Party Risk Management plugin is automatically installed when this application is activated.
Permissions and roles:
- Role required to install the app: System admin
Prerequisites:
- An EcoVadis subscription is required to use this application.