Case Study: Hafesa achieves more efficient third-party risk management with NAVEX One

Hafesa Navigates Third-Party Risk with NAVEX

Hafesa, a fast-growing Spanish energy company, needed to mature its third-party risk management to support its ethics and compliance goals amid increasing regulatory and reputational risk. To address this, Hafesa turned to NAVEX and its NAVEX One Third-Party Screening & Monitoring solution to better vet critical third-party partners.

NAVEX implemented a customizable, user-friendly third-party due diligence program that automated onboarding, assessments, documentation, and risk scoring. Hafesa began screening 80 critical third parties plus 300 associated entities, and its compliance team now manages the program more efficiently with plans to expand ownership across departments, strengthening risk management and long-term compliance readiness.

Hafesa

Olivar del Burgo

Compliance Officer