Current risk monitoring systems may not protect workers or provide an accurate assessment of risks. Here are the questions companies should ask themselves.
As supply chains have grown in complexity, a sizable monitoring industry has emerged, designed to assess human rights risks at suppliers to many companies. Codes of conduct, factory audits and certification schemes are now widely used to fulfil human rights due diligence obligations, and to provide a level of assurance to, managers, boards and stakeholders.
However, a growing body of evidence indicates that current monitoring systems are not very effective at protecting workers or providing an accurate assessment of risks. Companies need to start considering whether their monitoring systems are giving them a false sense of security about s
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During the government's consultation period on corporate governance reform, a series of events in London enabled discussion of a governance model fit for the 21st century. Filip Gregor and Jeroen Veldman summarise the key conclusions.
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