2023 Forum on Due Diligence in the Garment and Footwear Sector

Due diligence costs and responsibilities: Collaborative approaches to buyer supplier relationships

Feb 17, 2023 | 1:30 PM - 3:00 PM

Description

Buyer-supplier collaboration on due diligence implementation based on distribution of costs and responsibilities along the supply chain can help support the development of effective due diligence processes and a more equal distribution of the burden of compliance. Within the context of increasing due diligence legislation, and the risk of unduly cascading RBC expectations to upstream parts of the supply chain, the panel will reflect on the benefits and limitations of buyer-supplier collaboration models and highlight current industry examples of successful approaches to shared implementation of due diligence.

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