Risks Management Programmes for social and environmental impacts
Social and environmental risks can significantly impact businesses, posing threats to operations, compliance, reputation, and long-term financial viability. As regional and national regulations on business due diligence such as EU Corporate Sustainability Due Diligence (CSDDD) and Germany Supply Chain Due Diligence (LkSG) on the rise, it is paramount for businesses to look into their current impacts on social and environmental aspects and identify improvements that will mitigate risks associated with the businesses’ practices.
Our solution will be customised to each customer’s scenario and match with their own commitments. Coverage of the programme is extended beyond the business’ own operations, but also to the entire value chain that the business works with, to have holistic risks assessment and management.
The programme will require valuable involvement and inputs from our customer, as well as our senior management with robust experience in risks management. Both parties will work closely on:
- Project scoping: a thorough understanding of customer’s current practices, strategies and goals on social and environmental aspects.
- Project planning: Eurofins’ seasoned team will develop a project plan that cater to client’s expectations.
- Project delivery: pre-assessment could be conducted prior to programme execution, which is driven by on-site audit, benchmarking exercises and gap analysis.
- Project continuity: programme is reviewed and fine-tuned, based on programme findings, evolving industry practices and emerging regulatory requirements.
Work with us to achieve ethical business practices, transparent governance and environmental impact reduction. Be prepared for any upcoming regulatory challenges.
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