Fair Supply provides a unified platform for ESG supply chain intelligence, enabling organizations to assess modern slavery risks, model carbon emissions, quantify biodiversity impact, and analyze global trade risks across multiple supplier tiers. The platform generates auditable compliance reports aligned with major regulatory frameworks, empowering procurement and sustainability teams with deep visibility for informed decision-making.
Funding
$6.3M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Companies face significant challenges in achieving comprehensive visibility and control over their extended supply chains, leading to unaddressed risks related to modern slavery, carbon emissions, biodiversity impact, and global trade policy shifts. This lack of insight hinders ethical sourcing, sustainable procurement, and regulatory compliance.
Solution
Fair Supply provides a unified platform for Environmental, Social, and Governance (ESG) supply chain intelligence, enabling organizations to proactively assess risks, engage with suppliers across multiple tiers, and generate auditable compliance reports. The platform integrates solutions for modern slavery due diligence, Scope 1, 2, and 3 carbon emissions modeling, biodiversity impact quantification, and global trade risk analysis. By offering deep visibility and actionable insights, Fair Supply empowers procurement and sustainability teams to embed ESG risk management into their daily operations, moving from blind spots to informed decision-making.
Target Audience
The platform is designed for procurement, sustainability, compliance, and investment professionals managing complex global supply chains, particularly those with obligations related to modern slavery, carbon emissions, and biodiversity reporting.
Features
- **Integrated Assessment Engine:** Utilizes Multi-Regional Input-Output (MRIO) and Environmentally Extended Input-Output (EEIO) methodologies to model ESG impacts and risks across up to 10 tiers of the supply chain.
- **Modern Slavery Risk Assessment:** Identifies and quantifies modern slavery risks using data from sources like the Global Slavery Index and ILO, providing risk scores and classifications.
- **Carbon Emissions Accounting:** Offers calculators for Scope 1 and 2 emissions and models Scope 3 emissions based on supplier spend, sector, and geography, aligning with GHG Protocol and IFRS S2 standards.
- **Biodiversity Impact Quantification:** Assesses biodiversity impact using the nSTAR methodology, quantifying a supplier's contribution to species extinction and habitat pressure.
- **Global Trade Risk Modeling:** Includes a tariff calculator to model the cost impact of global trade policy changes on supply chain operations.
- **Supplier Engagement Tools:** Facilitates direct supplier engagement through assessments, SAQs, and progress tracking to drive mitigation and improvement.
- **Regulation-Aligned Reporting:** Generates audit-ready reports compliant with frameworks such as the Australian Modern Slavery Act, CSDDD, CSRD, TCFD, and ISSB.
- **Data Visualization and Dashboards:** Provides intuitive dashboards for visualizing risk exposure, emissions hotspots, and biodiversity impact across the supply chain.