KPMG | 1 CPE | Raising the Bar on Human Rights Due Diligence

KPMG | 1 CPE | Raising the Bar on Human Rights Due Diligence

While human rights due diligence has long been considered a leading—yet voluntary—practice for businesses to understand and prevent adverse human rights impacts, emerging regulations are now beginning to make these risk management activities mandatory. The ongoing process of identifying, mitigating, and remediating harm throughout an organization’s operations and value chain is a crucial component of sustainability legislation like the Corporate Sustainability Reporting Directive (CSRD) and the new Corporate Sustainability Due Diligence Directive (CSDDD).

What does this mean for business, and how do organizations integrate and carry out human rights due diligence processes?

In this webcast, KPMG and &Wider will demystify this critical aspect of responsible business conduct and explore:

  • Key components of human rights due diligence, as set out in international instruments like the UN’s Guiding Principles on Business & Human Rights and the OECD Guidelines for Multinational Enterprises;
  • New requirements for businesses to implement effective human rights due diligence; and
  • Tools to support companies in putting this into practice.

In today’s global economy, companies are increasingly held accountable not just by regulators, but also by consumers, investors and civil society. To respect fundamental human rights, and to maintain compliance, a proactive approach is needed—one that identifies risks, prevents adverse impacts and remediates harm.

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