ESG Advisory
Identify and reduce risk in your operations and value chains
Identify and reduce risk to solve ESG challenges
In the era of Assurance 4.0, meeting responsible sourcing and net zero demands is an imperative. Modern slavery, child labour, worker welfare, human rights, environmental issues, and assurance of management systems are all major concerns across complex, multinational supply chains. To retain stakeholder trust and keep people safe, organizations must work to ensure they have the processes, programs, and strategy in place to identify and reduce risk in their operations and value chains.
Businesses are facing a new era of environmental, social, and governance (ESG) legislation and increased stringency. With regulatory frameworks diverging across regions, each emphasising varying ESG components, compliance is becoming a multifaceted endeavour for businesses operating supply chains worldwide. Furthermore, the stakes for non-compliance are escalating as new laws threaten detained shipments or even confinement as penalties for legislative violations. Compliance is no longer a means for sustainability marketing but is a clear necessity to prevent disruptions, financial burdens, not to mention reputational damage.
LRQA is uniquely positioned to support you on these challenges. With over 800 experts across the globe and deep domain expertise across both existing and forthcoming legislation related to responsible sourcing such as the EU Corporate Sustainability Due Diligence Directive (CSDDD), the Uyghur Forced Labor Prevention Act (UFLPA), the child Labour Due Diligence Act, the impact of withhold release orders (WRO’s) for goods entering the US supply chain.
Our expertise also includes legislation and disclosures driven by environmental issues worldwide such as the Corporate Sustainability Reporting Directive (CSRD, Securities and Exchange Commission GHG Legislation (SEC), the Task Force on Climate Related Financial Disclosures (TCFD), the Glasgow Climate Pact (COP 26), Chinese Environmental Disclosure legislation and the Climate Corporate Accountability Act for US-based companies who do business in California.
Our Services
Our ESG Advisory portfolio has been developed to help you anticipate, mitigate, and manage risk across your supply chains. We partner with you to diagnose, develop and design strategies, and implement solutions for your biggest challenges as well as supporting with reporting and disclosure, through advisory services which leverage our total suite of capabilities, data derived from EiQ LRQA’s supply chain due diligence platform, a deep understanding of industry trends, investor interests, best practice, and legislation.
Our portfolio spans:
- Responsible sourcing and strategy implementation
- Due diligence
- Sustainability / ESG strategy and disclosure
- Supplier engagement
- Human Rights Advisory and Grievance Mechanisms (HRIA)
- Investigation and remediation
- Cybersecurity advisory
- Carbon and climate advisory
- Management systems advisory
