Human rights risks in supply chains can arise unpredictably, therefore, dynamic monitoring is essential to manage emerging hazards and assure compliance.
Human rights issues within the supply chain can emerge rapidly and without warning. Monitoring is crucial to assure that you manage risks within your operations and maintain compliance with internal Codes of Conduct or international standards. Compliance to guidelines and principles have become a regulatory demand or a legal requirement to continue business activities that set reliable players apart from the rest.
DNV can partner with you to
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Conduct independent verification to assure conformity to standards
(2nd or 3rd party assessments/audits, bespoke or supplemental audits, remote or physical)
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Track performance on human rights, including development of effective performance indicators
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Assure high accuracy of results through innovative digital tools and solutions
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Design customized supply chain monitoring programs to fit your needs across industries, commodities and geopolitical environments
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Develop effective grievance mechanisms, supported by digital tools and solutions
Benefits
A structured approach to supply chain monitoring allows companies to understand complexities, collect evidence and prioritize issues for effective resolution. Creating a foundation for reliable compliance, supply chain monitoring is a vital part of operations which allows companies to stay in business while avoiding, preventing and addressing risks. Demonstrating conformity with standards does not only minimize risks but boosts public image and makes companies more attractive to buyers and investors.