July 2024

GSA Awards: MEET THE WINNERS

The Global Sourcing Association is delighted to announce the 2024 GSA Awards winners! The winners were announced on Tuesday 11th June at the GSA Awards Ceremony at the Richmond Hill Hotel.

Global Sourcing Association CEO, Kerry Hallard said:

“This industry continues to amaze me with the innovative and highly transformative programmes undertaken by partnerships around the world. The calibre of submissions continues to improve year on year and as a result of these Awards we have a fantastic new repository of examples of best practice.”

Congratulations to all those shortlisted and the winners!

View the Winners here.

THE LAUNCH OF FORMIGA

The global technology and business services industry is taking a monumental step forward with the launch of FormIGA, a pioneering initiative that the GSA and the IAOP have partnered together on to bring to life.

FormIGA is the first and only alliance of its kind, bringing together buyers and providers of technology and business services from around the globe to focus on measuring, monitoring, and enhancing the industry's social performance.

FormIGA is committed to driving industry-wide improvement by showcasing and disseminating best practices. This collective sharing of knowledge and experience not only enhances the technology and business services sector but also sets a benchmark for other industries to follow. FormIGA establishes itself as the quality standard for sustainable sourcing and delivery within the industry.

The GSA is delighted to have joined forces with our partners IAOP in the United States to launch FormIGA and its first offering, the Service Provider Sustainability Index (SPSI).

SPSI uses a single, comprehensive ESG questionnaire, which enables service providers – and their customers - to understand how well they are performing across the ESG agenda compared to their peers.

Developed by the industry for the industry. As a people industry there is significant emphasis on all things social within FormIGA’s SPSI

We are calling on all buyers and providers of technology and business services to demonstrate their commitment to developing and showcasing the global technology and business services industry as an industry for good, by joining in with FormIGA and participating in this new Index

THE GSA'S ESG DIGITAL COMPANION

The GSA is delighted to launch its ESG Digital Companion. Through all our work on ESG to develop the Service Provider Sustainability Index (SPSI), it is abundantly clear that ESG is a minefield for many.

We have partnered with OpenDialog to launch what we understand to be a world first conversational AI tool to guide businesses through ESG questionnaires. Our ESG Digital Companion is in beta and currently freely available for all to use. It is an essential aid for those participating in SPSI.

Try it out here.
View the Press Release here.

We were delighted to host the Festival of Sourcing featuring industry experts sharing their insights and best practices on AI, Agile Sourcing, Supplier Diversity and more through supporting the industry for good theme.

The Industry for Good theme wrapped around all the day’s content, using it to learn and share ideas, insights and innovations for our collective accountability and responsibility globally

Click here to get access to the presentations and panel discussions

If there’s one thing you should be focusing on within your ESG agenda this year, it should be impact sourcing.

 It is the outsourcing industry that has given long-term and meaningful employment to all sorts of disadvantaged communities – In fact, the outsourcing industry has now created millions of jobs around the world and is a major contributor to the United Nation’s Sustainable Development Goal (UN SDG) of eradicating global poverty.

Whether you want to understand the discipline of Impact Sourcing or how to start and maintain an impact sourcing programme – we explained how in this webinar..

View the full recording here.

The Mauritian ICT/BPO industry remains a strong driver of growth and the sector has always shown resilience to global economic shocks. In 2023, the sector grew by 6.6% and employs approximately 33,500 people.

As a nation vulnerable to the impacts of climate change, Mauritius is acutely aware of the urgency to take collective action for a sustainable and resilient future. Among its various list of actions, Mauritius intends to develop an ESG framework so as to position the country as a sustainable international financial centre.

Many Development Finance Institutions (DFIs) and impactful investors are currently using Mauritius as a platform to set up and manage African impact funds in an efficient and cost-effective manner while benefiting from the jurisdiction’s investment friendly ecosystem and contributing to the sustainable development of both Mauritius and Africa.

The country is well committed to becoming a sustainable hub, with a focus on achieving economic growth, and Eco Vadis is one of the few outsourcing companies on the island whose activities are geared towards sustainability.  

Read EcoVadis' full blog here.

Foreign affairs receives relatively little airtime in an election campaign but the Labour manifesto says it will create a “new strategic partnership” with India and deepen cooperation in areas like security, education, technology and climate change.

It also speaks of a signing a Free Trade Agreement between the two countries. Civil servants have been negotiating the terms of the Free Trade Agreement for the past couple of years and it could offer a quick win to a government seeking to kickstart the economy after a period of moribund economic performance.

Whether that deal is a priority for the new Modi-led administration in New Delhi remains to be seen. Labour says it plans to extend cooperation with India in areas of security, education, technology, and climate change.

Read the full article here.