Bristol Myers Squibb supplier requirements
What Bristol Myers Squibb requires
Bristol Myers Squibb requires preferred suppliers to participate in its Responsible Sourcing Program, using EcoVadis for ESG assessments. Suppliers are evaluated and categorized into tiers—Aspirant, Achiever, or High Achiever—based on their sustainability performance, with reassessments every 12, 24, or 36 months, respectively. Suppliers are expected to address identified gaps, set annual science-based sustainability goals aligned with global standards (such as the Paris Accord), and report progress publicly through third-party platforms. Bristol Myers Squibb encourages high-performing suppliers to partner on sustainability innovations and implement responsible sourcing practices across their own supply chains.
What happens if you don't meet it
Many vendors struggle with:
- Understanding how to comply with Bristol Myers Squibb's supplier sustainability requirements
- Collecting accurate data for carbon emissions and ESG metrics
- Preparing supplier ESG reports that meet Bristol Myers Squibb's standards
- Responding to procurement teams' questions quickly and confidently
How to prepare quickly
Our tools support vendors through data collection and reporting, helping Bristol Myers Squibb's suppliers simplify climate disclosure compliance and respond confidently to procurement requests.