Several CR management system certification options are available for ensuring high CR performance of suppliers in the outsourcing industry, such as ISO 14001, SA8000, OHSAS 18001, and the Verego Social Responsibility Standard (Verego SRS). When looking across the CR certification landscape of options, Convergys ultimately chose the Verego SRS certification as it addressed the greatest range of environmental, social, and corporate governance issues within one standard, allowing the company to save roughly 70% on certification costs compared to acquiring multiple CR certifications to satisfy buyer sourcing requirements.
“From a company perspective, [Verego Certification] allowed us to group many of our initiatives and policies and really look at them from a social responsibility perspective rather than an ethic or regulatory item. During RFP’s, audits, client visits, Convergys is able to utilize the certification as show of our commitment and investment in social responsibility which impacted our brand in a positive way.” – Paula Gearin (Senior Director of Compliance at Convergys)
As social responsibility initiatives and programs have become a standard part of the RFP preparation in the outsourcing industry, Convergys is able to utilize the Verego SRS Certification to reduce and even eliminate follow-up questions that require additional documentation for authentication during the RFP process. According to Convergys, RFP inquiries received by the company may include CSR sections that contain 1 or 2 topics governing environmental or social responsibility policies. Convergys is able to provide the Enterprise-Wide Verego SRS Certification Awards to potential clients showing compliance, not just in the CSR areas of environment and people, but also in leadership, ethics, and community.
The Verego SRS Certification was able to identify opportunities for continuous improvement in the CR management systems of Convergys which overall fortified the organization’s sustainable competitive advantage. Most importantly, Convergys’s efforts to strengthen transparency and management of many CSR issues through the Verego SRS Certification, ultimately helped build customer trust and improve CR operational performance.