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 have on 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 levels of corporate responsibility taken by TAG member contract holders and suppliers.
TAG FLAG Questionnaires
TAG member suppliers are asked to complete two questionnaires - a Company Questionnaire and a Product Questionnaire.
Supplier answers are rated against worldwide best practice and used to compile relelvant company and product profiling reports for each supplier.
The profiling reports assist TAG members to improve their own good governance by understanding the operating practices of their business partners. By highlighting operational practices and product metrics of TAG member supply partners, TAG members can mitigate their own operational risks and promote their own good business practices.
Comparison charts within the program 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 chain information
- manufacturing protocols
- production and transportation policies
- human rights and labour practices
- human, economic and environmental risks
- overall corporate governance and impact responsibility
TAG FLAG Action Reports
On completion of each questionniare the data collected provides individual remedial action plans to help suppliers improve their operational performances and ratings.
TAG FLAG Tender Comparisons
The comparison functions within the TAG FLAG program also allows the TAG Commercial Development committee to compare competing category products and supply companies for the process of determining tendering contract outcomes.
For further information please contact the TAG Corporate Social Responsibilty coordinator:
Shahrin Leontarou - [email protected], M: 04705 839 694.