About this event
Due diligence entails companies systematically identifying, managing and monitoring their impacts on people and the environment. This course focuses on how to carry out due diligence in practice – from identifying and managing risks to monitoring outcomes and providing remediation where harm has occurred. You will learn practical methods for integrating due diligence into governance, contracts, dialogue and follow-up processes, while also building the foundation needed to meet the new requirements under the CSDDD and CSRD.
YOU WILL LEARN:
- How the due diligence process works in practice: identifying risks, prioritising actions, preventing and managing impacts, and providing remediation where harm has occurred
- How to integrate due diligence into policies, risk management and governance
- Methods for assessing and managing risks and impacts in the supply chain
- How to manage risks and impacts within your own operations, including risks affecting employees and contracted workers (for example cleaning, catering and security staff)
- How to draft contracts that create the conditions for responsible business conduct together with and towards your suppliers
- The role of audits, certifications and other measures – and how to use and prioritise them
- How to build meaningful stakeholder dialogue and establish effective grievance mechanisms
- Relevant legislation and due diligence requirements (CSDDD, CSRD, Forced Labour Regulation).
COURSE OBJECTIVES:
By the end of the course, participants will gain:
- A clear understanding of how the due diligence process is carried out in practice – from identifying and analysing risks to managing impacts and providing remediation where harm has occurred
- Deeper knowledge of how to integrate due diligence into company governance, policies and processes, including the allocation of responsibilities and competencies
- Insights and practical methods for assessing and managing sustainability risks both within the company’s own operations and throughout the supply chain – with a focus on contracts, follow-up and dialogue
The training will mainly be conducted in Swedish.
This course is organised by Bonnier Aktuell Hållbarhet in partnership with Enact. For more, check out Enact’s all upcoming trainings and events here!
Agenda
09.00 Welcome and introduction
- Brief overview of global principles and developments over the past 15 years
- Warm-up discussion of a case study in smaller groups
09.45 Legislation: due diligence requirements
- CSDDD
- CSRD
- Forced Labour Regulation and other specific regulation
10.15 Policy and governance
- How companies integrate due diligence into policies and governance systems
- Allocation of responsibilities and roles – from senior management to operational functions
- Competencies: who needs to know what?
10.30 Coffee break
10.45 Policy and governance (continued)
11.15 Identifying and analysing risks
- Meaningful stakeholder dialogue and grievance mechanisms
- How to respond to risks and prioritise actions
- What should be included in a risk assessment – environment, climate and human rights
- Different methods for assessing risks; qualitative and quantitative indicators
- How to conduct analysis at different levels of the company: group, site, product and sector level
- Discussion
12.15 Lunch
13.15 Managing sustainability risks (impacts) within your own operations
- Allocation of responsibilities within the organisation
- HR, procurement, risk, audit, compliance and legal – what roles should key functions within the company play?
- Managing risks affecting employees and contracted workers (for example cleaning, catering and security staff)
- How to respond to impacts and follow up
- Good examples and Q&A
14.15 Managing impacts in the supply chain (including customer-related considerations)
- Audits, certifications and other established methods for managing risks and assessing the supply chain
- Responsible purchasing practices – how the way you draft contracts, place orders and set prices can help create better conditions for suppliers to operate responsibly
- Responsible follow-up and dialogue with suppliers and stakeholders
- Contracts – how to draft responsible contracts that create transparency where needed and support responsible business conduct together with and towards suppliers
- Examples of responsible contracts and good practice
15.45 Setting relevant targets
- Targets relating to policy and governance
- Targets relating to processes and outcomes
- Good examples and discussion based on participants’ own targets and reflections
16.30 Discussion and next steps for your organisation
17.00 Course concludes