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Strategy

Third Party Risk Management 

Third Party Risk Management 

In this blog we discuss how third-party risks affect your organization, and how ESG principles can help.

In today’s business landscape, you should be concerned not only with your own reputation and brand, but the reputations of your third party suppliers. Stakeholders are demanding transparency on ESG risks throughout their entire value chain, including you and your suppliers. 

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9 Steps to Take Now to Get Ready for the CSRD

9 Steps to Take Now to Get Ready for the CSRD

The European Council is expected to adopt the EU Corporate Sustainability Reporting Directive (CSRD) this month, November 2022. The CSRD is intended “to foster sustainable and responsible corporate behaviour and to anchor human rights and environmental considerations in companies’ operations and corporate governance. The new rules will ensure that businesses address adverse impacts of their actions, including in their value chains inside and outside Europe.”

Here are nine steps your company will need to take to prepare for the CSRD.

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The Perils of Perpetual Power

The Perils of Perpetual Power

The Economist recently ran an article titled Facebook and the conglomerate curse, and it addresses the future of ESG . The article is about “Silicon Valley’s big five tech giants, Alphabet, Amazon, Apple, Meta and Microsoft.” It comments on their drop in market value this year, swollen costs, and slowing core businesses, alongside the “near-absolute control” of the companies’ founders. 

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What is ESG?

What is ESG?

ESG is a set of metrics that a company and others can use to assess how

E: environmental issues like carbon emissions, and the use and availability of clean water,
S: social issues like indentured and slave labor, and employee health and safety, and
G: governance issues like who has decision-making power within an organization

affect company performance, and in turn how its operations impact the environment and society. There is a dual utility to ESG metrics. They can be used both to look inward at a company’s performance, and outward at how the company impacts the world.

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