Question: Does the company implement medium to long-term assessment reviews of mitigated risks?
Answer:
Yes
7939866
Daimler AG
2018
Unverified - Added by Steward
"In those areas where potential for improvement was identified through the audits, individual corrective action plans were agreed on with suppliers, and we continue to monitor compliance with these plans. The examination of the battery supply chain thus formed the foundation for a process of continuous improvement, and the implementation of the corrective action plans improves our due diligence with regard to both direct suppliers and the entire supply chain. Plans also call for long-term cooperation with the external service provider in order to safeguard the continuous improvement process. Capacity building at suppliers will be addressed more extensively as a result of supply chain mapping, cobalt supply chain auditing, scoring assessments for individual suppliers and the implementation of the corrective action plans. Our aim here is to support suppliers’ efforts to prevent human rights violations. The aforementioned audit will be expanded to include other cobalt supply chains in the future." p. 110