Diligent Launches ESG Due Diligence Service to Help Companies Meet Evolving Regulatory Requirements

Published on: 09 November 2022
by KnowESG
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Diligent, a global leader in modern governance that offers SaaS solutions for governance, risk, compliance, audit, and ESG, has announced the launch of an ESG Due Diligence investigation report offering.

In response to ESG regulatory requirements, the new offering enables an organisation to obtain greater visibility into the conduct of its partners, vendors, and external business relationships across its third parties, allowing it to safeguard its brand and reputation.

Amanda Carty, General Manager, ESG & Data Intelligence at Diligent, said:

"The reputations of organisations are linked more closely than ever to the tenets of good environmental, social, and governance practices. 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.”

Some of the biggest companies in the world use Diligent's top ethics and compliance SaaS solutions to build a culture of compliance and protect their brands.

Its ESG Due Diligence investigation report adds to Diligent's already strong ESG offering, which acts as a hub for ESG data to help set goals for greenhouse gas emissions, track risks, and report to stakeholders on diversity, climate, worker safety, supply chains, cybersecurity, and more.

Under ESG regulations such as the EU Non-Financial Reporting Directive (NFRD), EU Corporate Sustainability Reporting Directive (CSRD), and German Supply Chain Due Diligence Act, organisations are required to ensure third-party policies and actions are aligned with socially conscious and sustainable practises.

Diligent ESG Due Diligence is one of the only investigative reports that can find a third party's ESG policies and potential ESG risks with the same level of detail as ABAC investigations.

Source: Diligent

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Click here to learn more about ESG due diligence from Diligent

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