Formiga SPSI
A Service Provider Sustainability Index delivering maturity assessments, benchmarking and industry insights
Developed by the industry for the industry
Formiga SPSI
About Us
FormIGA (Industry for Good Alliance) is a joint venture between the founding partners – the Global Sourcing Association (GSA) and the International Association of Outsourcing Professionals (IAOP).
- Driving the transformation of the global technology and business services sector by pioneering sustainable sourcing best practices and establishing clear guidelines and standards
- Our purpose is to enhance the buying and delivery process, instilling an ethos of ethical conduct, and promoting innovation to position the industry as a force for good
- We strive to elevate the reputation of the sector, expanding its reach and creating sustainable value for all stakeholders, reinforcing our industry as an integral contributor to societal advancement
Global Sourcing Association
The Global Sourcing Association is a social enterprise striving to make a difference and promote positive change across the technology and business services industry.
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IAOP
IAOP unites global business leaders to foster innovative, sustainable growth through strategic partnerships, professional development, networking and events, and impactful sourcing solutions.
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What is it?
The SPSI is an industry index, based on the self-assessment of service providers sustainability and ESG maturity delivering benchmarks and insights to deliver a level playing field
The SPSI is the first standardised sustainability index, created especially for service providers to the technology and business services sector.
Created in collaboration with industry and association buyer and service provider members,SPSI uses a single, comprehensive ESG questionnaire, which will enable service providers – and their customers - to understand how well they are performing across the ESG agenda compared to their peers.
What You Get?
For any business needing to understand their sustainability and ESG maturity and provide data to enable competitive propositions
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A robust ready-made questionnaire for buyers to use with all service providers
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An easy-to-understand score
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An easy way to understand how well your service providers are performing against each other and against the rest of the industry – across all parameters that are key to your company
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A detailed report highlighting your providers’ strengths and weaknesses, enabling an action plan on where improvements need to be made
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An ability to change the weightings of sections / questions to reflect what’s most important to your company
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A detailed report highlighting strengths and weaknesses, enabling an action plan on where you need to make improvements
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Data insights to highlight how the industry is changing over time
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The ability to change your score as you make changes to your processes / policies, so you are always putting your best foot forward
Why Do You Need It?
For any business needing to understand their sustainability and ESG maturity and provide data to enable competitive propositions
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Simplifies your RFI process with technology and business services vendors regarding ESG criteria
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Allows you to understand how your suppliers ESG performance separately and against one another
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Allows you to make data-driven decisions on awarding work where ESG performance is a key criteria
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Fill in once and share many times, leading to significant time and cost savings
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An easy way to understand how well you are performing against the rest of the industry
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The ability to change your score as you make changes to your processes / policies, so you are always putting your best foot forward
Pricing Plans
The SPSI has two tier pricing and complexity. Whilst the scope of the assessment may be for a smaller business unit - pricing is based on Group size
For Members
- Unlimited respondents
- Single process owner
- Leverage 5 key business functional owners
- Continous completion monitoring
- Comprehensive score and assessment report
For Non-Members
- Unlimited respondents
- Single process owner
- Leverage 5 key business functional owners
- Continous completion monitoring
- Comprehensive score and assessment report