ESG, News

Pegasus creates world’s largest risk management platform

Avetta One

Pegasus has added the Avetta One platform to its offering, which is a single-source solution for managing operational, reputational and regulatory compliance risks on-site.

The platform reduces safety, liability, sustainability, workforce, cybersecurity and financial risks for corporations, suppliers, contractors and their workers.

“Business is shifting from a digital transformation to a societal one, as markets demand corporate accountability regarding safety, security, sustainability and ESG (environmental, sustainability and governance), ethics and social initiatives,” Avetta president and chief executive officer Arshad Matin said.

“Avetta One provides organisations analytical insights into how they measure up to their risks and goals across the entire supply chain.”

Pegasus is an Avetta company and the world’s largest provider of workforce and supply chain risk management solutions. Avetta One delivers a global platform that manages critical risk areas in supply chains.

For clients, Avetta One provides a unified platform that manages risk across safety, liability, workforce qualifications, sustainability and ESG, diversity, financial health and cybersecurity programs.

For suppliers, it reduces time and cost by demonstrating its superior business qualifications across many clients from a single system.

For workers, it offers a central workforce portal to digitally store their required job roles, training competencies and certifications.

And for partners, it creates an open marketplace and community to provide services on the world’s largest supply chain risk management platform.

Clients and suppliers that use the platform reduce the number of safety incidents by as much as 55 per cent compared to industry averages, and Avetta suppliers improve their safety statistics by 7-8 per cent each year spent in the network.

Avetta One will give Pegasus clients an unprecedented view of their supply chain risk programs through multi-risk analytics, supplier risk trends and supplier performance benchmarking.

The platform uses almost two decades of data from millions of collected data points to provide real-time views on risks and delivers alerts on deviations from baseline measures.

The analytics software includes customisable, interactive dashboards to gain insights that help build supply chain confidence.

The Avetta One solution is now available, learn more here.

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