Accelerating sustainable procurement: a look at the Givvable and Rapid integration

In our increasingly globalised world, the sustainability movement is vital in helping us construct an inclusive, equitable, and environmentally-friendly future. As consumers grow more aware, they’re demanding greater transparency from businesses, pushing them to prioritise their environmental, social, and governance (ESG) practices.  

Recognising this, Rapid is excited to announce an integration with Australian company Givvable, offering a seamless integration that brings real-time visibility of a contractor’s ESG credentials to clients using Rapid Contractor Management. Traditionally, contractor pre-qualification and due diligence were primarily focussed on financial stability,  risk, and legal and regulatory compliance (including of course, safety!). However, the procurement landscape is changing. Now, more than ever, businesses are looking to work with suppliers who not only meet regulatory requirements but also align with their values. This has meant that due diligence has expanded to include sustainability, ethical sourcing, diversity, and transparent supply chains. 

This shift is why the Givvable and Rapid integration is so helpful for clients. This integration allows clients to automate and enhance supplier due diligence without burdening contractors, by leveraging independently validated credential data across all ESG issues: environmental, ethical, diversity, social, community and governance. 

Givvable, with its ability to check up on over 2500 supplier credentials, is a leader in delivering trustworthy sustainability data. This is a major benefit for businesses, providing them with reassurance that their suppliers are truly upholding their sustainability commitments, while also checking their overall safety compliance in the Rapid system. Rapid’s easily searchable database of over 100,000 contracting businesses provides a streamlined way to search for registered suppliers. 

Enhancing contractors’ competitive edge with ESG badges in Rapid

The integration aligns ESG compliance with procurement, enabling contracting businesses to boost their reputation, support consumer and investor preferences, and foster superior supply chain performance. Equally, contractors possessing ESG badges can leverage this to their advantage. Adherence to recognised ESG standards has become an attractive trait, increasing the value proposition for such contractors.  

It’s a mutually beneficial situation that encourages continuous improvement in supplier sustainability. Contracting businesses can register their business for free on the Givvable supplier portal to have their ESG badges appear in Rapid. 

How does Givvable integrate with Rapid?

Available to all clients using Rapid Contractor Management, this integration includes the addition of thirteen possible badges representing diverse aspects, ranging from environment and ethical sourcing to governance and community responsibility. On the Contractor details page in Rapid, businesses registered with Givvable will find their ESG badges displayed. 

Rapid Contractor Management administrators can hover over a badge for a detailed description. 

The thirteen badges available for display are listed below: 

• Environment. Support responsible interaction with the environment, including emissions reduction, zero waste and circular economy. 
• Ethical. Support sourcing of products in a responsible and sustainable way and the safe and fair treatment of workers. 
• Diversity. Diverse or inclusive by ownership, governance or employment of under-represented or disadvantaged groups. 
• Social. A defined primary social, environmental or community purpose. Includes registered charities, not-for-profit organisations and social enterprises.
• Community. Support sustainable development, social responsibility and community and consumers to minimize negative impacts.
• Governance. Policies and procedures indicate the organization operates with accountability, integrity and equality in its practices.
• Red Flag. Company flagged for prosecution, refusal of audits, etc.
• Yellow Flag. Company with one or more warnings recorded.
• Supplier Diversity (AU) Diverse or inclusive by ownership, governance or employment of under-represented or disadvantaged groups based in Australia.
• Supplier Diversity (Global). Diverse or inclusive by ownership, governance or employment of under-represented or disadvantaged groups globally.
• Indigenous Procurement (AU). Non-corporate Commonwealth entities and prescribed corporate Commonwealth entities that are required to comply with the Commonwealth Procurement Rules.
• Net Zero 2040. Commitment to achieve net-zero carbon emissions by the year 2040.
• Victorian Social Procurement Framework (AU). Requirements that apply to Victorian Government departments and agencies when they procure goods, services and construction. 

Clients can hover over any badge to display a tooltip with an explanation. 

Clients searching for contracting companies can also filter by one or more badge requirements, to only display accredited companies (that have registered their details in Givvable).  

Proactively embracing the future 

The Givvable and Rapid integration will assist clients to seamlessly harmonise sustainable practices, procurement and compliance management. Evaluating and checking supplier credentials is timely and burdensome on all fronts. This integration effectively automates a cycle of improvement in supplier sustainability alongside compliance management. 

To discuss further how Rapid and its comprehensive list of integrations can benefit your daily processes, talk to our sales team.