THE TAG FLAG
By today’s definition, good business governance requires planning for long term viability and taking responsibility for the effects our business decisions make on our global and local environments, communities and economies.
The TAG FLAG program aims to identify and promote companies that strive for a fair and ethical balance between all aspects of the triple bottom line - People, Planet, Profit and highlight the level of corporate responsibility promoted by TAG contract holders and suppliers.
TAG FLAG Questionnaires
There are key two parts to the TAG FLAG process - a Company questionnaire and a Product questionnaire.
Questionnaire answers are rated against worldwide best practice, with the data being used to compile profiling reports against each company and their products.
The profiling reports are designed to assist TAG members to improve their own good governance by understanding the operating practices of the business partners they engage with. Comparison charts within the program also provide TAG members with a snap shot of how competing companies and products rate against each other.
The TAG FLAG questionnaires address a multitude of important facets of operations such as:
- resource management policies
- supply chains
- manufacturing protocols
- production and transportation policies
- human rights and labour practices
- human, economic and environmental risks
- overall corporate governance and impact responsibility
Remedial action plans are also generated from the questionnaire data to assist supplier companies in improving their operating performances and ratings.
The TAG FLAG is also suitable for TAG members to track and measure their own organisation's performance AND ratings and supports the newly released Sustainable Procurement ISO20400.
Please contact [email protected] for access details or queries regarding the TAG Flag.