Diving into the ‘S’ of ESG related risk
Citigroup's Environmental and Social Risk Management Policy covers all business units of the firm, with the objective of ensuring that all Citi businesses effectively assess and manage environmental and social risk associated with client and supplier transactions. The 'social' components of ESG start with a company's value system and principled approach to doing business, including labour practices, human rights records and diversity and inclusion. But the ‘S’ aspect of ESG is the least measured in corporate responsibility as social impact is often hard to define, especially as issues such as human trafficking may be hiding far down the supply chain.
Listen to this webinar to learn about:
- The regulatory landscape (including EU Supply Chain Law, the Supply Chain Due Diligence Act in Germany, Uyghur Forced Labour Prevention Act).
- How human trafficking risks could impact business
- How data and technology can help provide a full picture of forced labour and human trafficking risk across global supply chains for Citigroup