NEW YORK-- November 09, 2022 -- Diligent, the global leader in modern governance providing SaaS solutions across governance, risk, compliance, audit and ESG, today announced its ESG Due Diligence investigation report offering. In the wake of ESG regulatory requirements, the new offering allows an organization to gain better visibility into the conduct of partners, vendors and external business relationships across its third parties to protect the company’s brand and reputation.
“The reputations of organizations are linked more closely than ever to the tenets of good environmental, social and governance practices,” said Amanda Carty, General Manager, ESG & Data Intelligence at Diligent. “Yet for most companies ESG due diligence is a siloed effort, if tackled at all. Diligent’s ESG Due Diligence offering takes a risk-based approach to third party due diligence, aligning the historical needs of anti-bribery and anti-corruption (ABAC) compliance with the evolving demands of ESG.”
Diligent’s leading ethics and compliance SaaS solutions enable some of the world’s largest organizations to embrace a culture of compliance while protecting their brands. Its ESG Due Diligence investigation report offering also builds on Diligent’s already robust ESG offering, which acts as a nexus for ESG data to support greenhouse gas emissions goal setting, risk monitoring and stakeholder reporting across diversity, climate, workforce safety, supply chains, cybersecurity and more.
With ESG regulations like the EU Non-Financial Reporting Directive (NFRD), EU Corporate Sustainability Reporting Directive (CSRD) and German Supply Chain Due Diligence Act, organizations are required to ensure third party policies and actions are aligned with socially conscious and sustainable practices. Diligent ESG Due Diligence offers one of the only investigative reports to identify a third party’s ESG policies and potential ESG risks with the same depth as familiar ABAC investigations. The offering includes features such as:
· Diligent’s proprietary ESG Health Score to quickly understand a third party’s level of risk.
· Centralized ABAC and ESG investigations with one trusted partner, and if desired, one platform.
· Comprehensive online research and human analysis using Diligent proprietary searches and methodologies, conducted both in English and local languages.
· Reports completed in up to 6 business days.
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