2023 Forum on Due Diligence in the Garment and Footwear Sector

Due Diligence of circular value chains: Addressing the risks associated with circular processes

Feb 16, 2023 | 3:30 PM - 5:00 PM


Increasing expectations from consumers and legislators on garment and footwear companies to reduce their environmental footprint are driving brands and producers alike to look for ways of keeping the value of products and materials as long as possible in the production and use cycle. In transitioning to circular approaches, companies create new business linkages both upstream and downstream of their value chain that require them to extend their due diligence to new associated risks. The session will explore what new business relationships, for instance, with recyclers, sorters, collectors or new materials producers and processors imply for RBC due diligence, and what considerations are important when exercising due diligence on circular value chains.

Explore Suggested Sessions