2023 Forum on Due Diligence in the Garment and Footwear Sector

Assessing RBC due diligence implementation: Reflecting a risk-based approach

Feb 16, 2023 | 1:30 PM - 3:00 PM

Description

Assessing company due diligence efforts is essential to ascertain whether increasing reporting requirements, voluntary commitments and due diligence obligations are effectively implemented in garment and footwear supply chains. The session will explore different options for assessing RBC due diligence. It will consider the opportunities and challenges involved in moving beyond traditional compliance-based checklists towards more risk-based, dynamic approaches. The panellists will discuss assessment efforts by, for example, voluntary initiatives and government agencies and explore whether different sources of information and meaningful indicators of progress are sufficiently considered when assessing RBC due diligence.  

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