LRQA has launched its latest guide, designed to assist businesses in navigating the complexities of supply chain Environmental, Social and Governance (ESG) compliance.
With the emergence of stringent ESG legislation, companies are facing increasing pressure to demonstrate robust supply chain due diligence, compounded by the fact that regulatory frameworks differ significantly across regions, each with its own emphasis on various ESG components.
The ‘2024 guide to supply chain ESG due diligence requirements’ aims to simplify complex due diligence laws, offering businesses an accessible overview of regulations by region. From outlining specific requirements to providing practical advice on adapting existing compliance programmes, LRQA's guide equips businesses with some of the knowledge and tools needed to navigate the evolving regulatory landscape effectively.
It arrives at an important time for global businesses. We are in a new era of risk management – the era of Assurance 4.0 – defined by heightened expectations around ESG, supply chain integrity and cybersecurity.
LRQA is committed to supporting businesses navigate both the challenges and opportunities that emerge as a result, by providing clarity and actionable strategies, demonstrated in this guide.
Key features include:
- Disclosure standards vs due diligence regulations
- Environmental legislation: A focus on scope 3
- Human Rights legislation
- Resolving the compliance gap and enhancing traceability
