Does the company disclose the process(es) for identifying, assessing and responding to climate-related risks including details of risks identified with the potential to have a substantive financial or strategic impact on their business?
Environmental due diligence is the process through which companies identify, prevent, mitigate and remedy their actual and potential adverse environmental impacts.
In this question you are being asked to identify whether the company discloses the process(es) for identifying, assessing and responding to climate-related risks including details of risks identified with the potential to have a substantive financial or strategic impact on their business
Where to look for this information:
- Corporate Social Responsibility report
- Company documents
- Company policies
- Company websites
- Company code of conduct
- Parent company documents (only if the parent company is linked to from the brands website)
- Parent company policies (only if the parent company is linked to from the brands website)
- Parent company websites (only if the parent company is linked to from the brands website)
- Parent company code of conduct (only if the parent company is linked to from the brands website)
Good keywords for your searches include:
- Risk
- Due diligence
- Climate-related