Fortune Brands Innovation has been selected as the recipient of the Governance Award, recognizing its innovative and disciplined execution in strengthening supplier risk management.

As organizations navigate an increasingly complex risk environment, leading companies are those that set new benchmarks for governance through forward-thinking strategies. Fortune Brands stands out as a model in this regard.

The organization has demonstrated a consistent commitment to leveraging financial health insights to drive meaningful business outcomes. Its use of RapidRatings has been both comprehensive and strategic, supporting audit and compliance requirements while reinforcing stronger governance across its supply base.

A key differentiator for Fortune Brands is its development of clearly defined business risk thresholds centered around the FHR, paired with measurable and accountable mitigation practices. This framework ensures that risk is not only identified, but actively managed and continuously tracked.

This commitment is further reflected in the working capital model the organization has built, focused on accelerating and expanding payment terms. This model has not only strengthened Fortune Brands’ own program, but has also provided a practical blueprint for other organizations seeking to enhance supplier financial resilience.

“Fortune Brands Innovation is a trailblazer in supplier risk governance,” said Phil Sabella, Global Head of Account Management. “Through clearly defined risk thresholds, embedded accountability, and the strategic use of financial insights, they have built a program that is not only disciplined and forward-looking, but innovative. Their leadership continues to set a high standard across the risk management community.”

Learn more the about the RapidRatings Enterprise Awards program.