Corporate Sustainability Due Diligence is the practice of assessing, identifying, and managing social and environmental risks and impacts throughout a company’s operations and value chain.
This practice is crucial for businesses aiming to align their strategies with sustainable development goals, manage risks effectively, and fulfill both regulatory and stakeholder expectations concerning responsible business conduct. With the EU’s Corporate Sustainability Reporting Directive (CSRD), due diligence is now a critical practice that must be implemented and embedded into a business.
Through due diligence, organizations are able identify and mitigate sustainability risks that could affect a company’s reputation, legal compliance, and operational success. This also helps them review and assess their supply chain, enhancing transparency and addressing critical issues such as labor violations, environmental degradation, and unethical business practices.
By conducting sustainability due diligence, an organization builds trust with stakeholders by demonstrating commitment to sustainable and ethical practices.
Keslio is an international sustainability advisory that helps companies and investors navigate their sustainability journey. We support our clients through various services, such as strategy development and implementation, reporting and communications, and greenhouse gas emissions calculations.
We’re passionate about supporting business leaders and their companies with sustainability and ESG and we’d love to help you. To talk to us and find out what Keslio can do for you, please use the section below to contact us, or email us at hello@keslio.com.
