Services
Compliance Auditing / Sustainability Assurance
We help you measure the results, effectiveness and value of CSR /Sustainability initiatives using both quantitative and qualitative methodologies.
We conduct sustainability and CSR assurance audits as well as social compliance audits which monitor and measure your organization’s progress against relevant indicators and benchmarks (i.e., SA8000, AA1000)
With the enactment of legislation in recent years (i.e. Canada's Fighting Against Forced Labour & Child Labour in Supply Chains Act; UK's Modern Slavery Act, Australia's Modern Slavery Act, California's Transparency in Supply Chains Act, Germany's Act on Corporate Due Diligence Obligations, and France's Duty of Vigilence Act), our team is equipped to assist organizations in achieving compliance through our specialized services.
These services include:
- Drafting comprehensive disclosure statements
- Development of robust policies and vendor codes of conduct
- Conducting risk assessments and due diligence
- Establishment of effective grievance mechanisms
- Monitoring and auditing of supply chains
Case Study
Case 1
We have conducted independent social / compliance audits for a variety of organizations. Our work has included developing indicators, methodologies, stakeholder engagement (customers, employees, suppliers, etc.) and providing assurance through verification of data. Our open and participatory working style has been well received by stakeholders and has resulted in greater buy-in from senior management. Most of our recommendations to improve systems and develop risk mitigation strategies have been implemented by the organization.
Did you know?
“The rise in reporting on environmental and social performance… reflects the increasing importance of this information to management and external stakeholder. This goes hand in hand with the demand for reliable and credible information from management, for managing the company’s environmental and social risks, and from stakeholders who want assurance that the report truly represents the company’s effort and achievements.” (Source: KPMG Int’l Survey of CSR Reporting)
Case 2
We performed a factory / facility assessment for a Canadian company looking to expand their operations in a Latin American country. While the local market showed promise we recommended against the investment based largely on our social and economic assessment. The company accepted our recommendation and expanded elsewhere in Latin America. It now serves the local market from another facility in Latin America.
Case 3
We conducted a sustainability assurance engagement for a major financial services firm which engaged directly with stakeholders to assess the reliability of the organization's disclosure and its adherence to accepted principles of accountability.
