Overview. You need to know about performing due diligence checks on your labour supply chains. 10 things you need to know. This list is not exhaustive and will vary depending on how your business

1 Feb 2021 This Agoria Academy on Supply Chain Due Diligence covered the EU Regulation, including its scope and relevance for the participants.

To aid in the fight against human rights abuses, Cubic has developed diligence frameworks around Organization for Economic  24 May 2020 Covid-19 is wreaking havoc on global supply chains and firms' business continuity plans around the globe. Third parties spread across multiple  3 Oct 2018 the Responsible Business Conduct Unit, where he implements the OECD Due Diligence Guidance for Responsible Mineral Supply Chains. This means that while any one company's contracts with suppliers may only create binding obligations one or two steps down the supply chain, due diligence by  1 Feb 2021 This Agoria Academy on Supply Chain Due Diligence covered the EU Regulation, including its scope and relevance for the participants. 17 Feb 2021 The law will place legal obligations on companies headquartered in Germany to ensure that human rights and related environmental standards  18 Mar 2021 Efforts to mandate human rights compliance into supply chain due diligence have come to the fore of the ESG movement, but practicalities  20 May 2020 Intensifying supply chain due diligence.

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The new due diligence law requires companies to monitor and address challenges in their supply chains, including workers’ rights and environmental standards. Companies will have to ensure that they are addressing these challenges for their direct and indirect suppliers, as well as their own operations. Therefore, a significant amount of supply chain due diligence should occur sufficient to support the regulatory requirements. There are multiple sources available that provide guidelines for responsible business conduct to avoid human exploitation and forced labor in supply chains. Webinar | Due Diligence for Living Income: how to address poverty and prosperity in supply chains in light of new EU legislation Home Public webinar: With the advances in the process for a new European Union Due Diligence Law on the Environment and Human Rights, there is growing debate regarding the scope of the human rights component.

Whereas the Union has already adopted due diligence legislation for specific sectors, such as the Conflict Minerals Regulation, the Timber Regulation, the Forest Law Enforcement, Governance and Trade (FLEGT) Regulation and the Anti-Torture Regulation; whereas those pieces of legislation have become a benchmark for targeted binding supply chain due diligence legislation; whereas the future

In aligning supply chain contracts with existing obligations and requiring reasonable due diligence by both contract parties, the MCCs seek to address what could be considered an imbalance in the typical negotiation of supply chain contracts where, traditionally, a buyer has tended to shift all responsibility for human rights issues to the supplier. Practical steps to carry out labour supply due diligence and work strategically with labour supply chain partners. About this Event. Recruitment and labour supply models can involve long, complex supply chains, with numerous parties, in some cases with informal or hidden relationships.

13 Oct 2020 In September 2020, the UK and the EU announced initiatives to strengthen human rights due diligence and reporting.

2021-03-26 Due diligence and its challenges for responsible business conduct in supply chains Consumers and other stakeholders are increasingly demanding access to more accurate information on the origin and journey of goods, as well as the conditions throughout the supply chain ( [Whit18] ). 7.1. Members in the gold, silver, PGM, diamonds and coloured gemstones supply chain shall exercise due diligence over their supply chains in accordance with the OECD Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas (the ‘OECD Guidance’) or other auditable due diligence frameworks recognised by the RJC to be aligned with the OECD 2020-08-10 The law was first mooted in 2019, building on Germany’s 2016 National Action on Business and Human Rights, which encouraged firms to voluntarily disclose supply chain risks. Last year Heil said survey results that found most firms were not fulfilling due diligence … 2021-04-15 Selecting Supply Chain Partners There are plenty of fish in the sea and plenty of suppliers vying to do business with you. iComply has seen the good, the bad and the ugly.

Respond to stake­holder ques­tions, concerns, and sugges­tions. A buyer will need information about the company’s supply chain in order to conduct her M&A due diligence. And a seller needs to be prepared to provide that information (along with information about every aspect of the business) immediately after signing an M&A letter of intent (LOI). Purchasing and suppliers Listing of major suppliers and […] A wave of enforcement actions from the U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) over the past two years has likely pushed the release of a new sanctions compliance framework—the first ever by the office—and highlights the critical importance of supply chain due diligence to Supply chain partners are automatically segregated by whether or not they are plant touching licensees or not.
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Supply chain due diligence: the new normal?

From ethical audits to maintaining your FCPA compliance program, get in touch to conquer all your risk challenges wherever your supply chain takes you. Supply chain due diligence or third-party due diligence is the process of interrogating all third parties of companies’ supply chains.
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In applying a legal standard of care for human rights due diligence, a core consideration will be what can reasonably be required of a company in a supply chain.

Publicly report on supply chain due dili­gence poli­cies and prac­tices including by publishing the supply chain risk assess­ment and manage­ment plan, with due regard to busi­ness confi­den­tiality and other compet­i­tive concerns.

All actors in the mineral supply chain can be at risk of contributing to adverse impacts of the mineral trade — regard­less of their posi­tion in the supply chain. Due dili­gence helps compa­nies iden­tify whether their supply chains are risky and priori­tise the most severe risks asso­ci­ated with sourcing minerals from high-risk areas:

Final Report  22 Dec 2020 The sad fact of forced labor in global supply chains cannot be denied. There are many indicators that forced labor is taking place, including  Our supply chain due diligence & congruent commitment, policies & practices, are consistent with.

It takes you to the Due diligence and responsibilities in the mineral supply chain T he mining, trans­port, and trade of mineral resources can fuel growth and employ­ment, generate income, and promote local devel­op­ment. Due to management, investor, and market pressures, MegaWeb Corporation conducted a shortened due diligence process to speed the acquisition. The next release of Ajax’s platform would bring much-requested features and address a market on which they wanted to rapidly capitalize. 2021-04-23 · The OECD Guidance is global in scope, and applies to all mineral supply chains. The 3rd Edition of the OECD Due Diligence Guidance was published in April 2016.