“ 2024 WILL NO DOUBT SEE ORGANISATIONS LEVERAGING AI ALGORITHMS TO ANALYSE VAST DATASETS FOR COMPLIANCE WITH ESG STANDARDS ”
IAN SPAULDING CEO , LRQA
complaints against multiple retailers for failures ,” says Spaulding .
“ In the US , The Uyghur Forced Labour Prevention Act continues to influence sourcing practices , resulting in halted shipments and increased enforcement . All of these developments emphasise the need for addressing material risks associated with company operations to improve business performance .”
A shifting mindset of emissions – an issue of civil rights There is a growing concern around climate change , yes , but this is now increasingly linked to the human rights argument . The risks associated with ESG in the supply chain are not just bad for business , more so global health . After all , the reasons we urgently need to claw back the effects of climate change all link back to the health of the population .
“ This shift towards climate justice has turned environmental issues into a civil rights movement , with a focus on people and communities ,” Spaulding says .
“ The growing connection between climate risks and human rights risks emphasises the need to recognise a ‘ just transition ’ in corporate climate action . Companies must now conduct due diligence throughout
152 March 2024