Managing high risk suppliers
What happens when audits find that contractors and suppliers are not meeting a worker welfare code or there is commercial pressure to ‘just make it work’?
Environmental, Social and Governance Consulting
Upholding values and value creation
Environmental, Social and Governance Consulting
Social Risk Due Diligence - Social Risk and Impact Assessment
Environmental, Social and Governance (ESG) Consulting
Labour Monitoring and Labour Welfare Risk
Your organisation and its operations both influence and are influenced by the wider social framework in which they take place. Labour and human rights violations can occur at any point in your supply chain; environmental degradation, corruption or the impact of social and economic marginalisation not only cause serious harm to the community, but can make business unsustainable in the long run.
Environmental and social governance consulting
Control Risks environmental and social governance programmes have significant benefits beyond the reputational and ethical. Useful as a gauge of governance and risk management processes, ESG programmes can be an excellent long term framework to support value creation by mitigating long term, sometimes existential risks.
Social risk due diligence
We provide detailed analysis and evaluation of your operations and relationships in their social and political context, and against the backdrop of international human rights standards.
Stakeholder engagement
We can help you work with your local stakeholders to understand your positive and negative impacts, gain visibility on grievances and find ways to maintain positive engagement. Control Risks has long experience mapping local stakeholders and engaging with them in ways that lead to productive relationships for both sides.
By engaging with all relevant stakeholders we can help you fully assess all social risks and build mitigation programs that are holistic, synchronised across business functions and therefore sustainable for the long term.
Labour monitoring and labour welfare consulting
Businesses are increasingly being held to account to ensure they play their part in tackling modern slavery by safeguarding the welfare of workers in their supply chain. Extra-territorial legislation requiring disclosure of a company’s progress on mitigating these risks is becoming common.
Our emphasis is not just on monitoring for transgressions, but in building programmes that reduce to a minimum the potential for welfare violations.
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Hidden risks in your global supply chains
Businesses are increasingly being held to account to ensure they play their part in tackling the scourge of modern slavery by safeguarding the welfare of workers in their supply chain.
Managing labour welfare risks
Contract agreements and audits are both tools that, in isolation, have been shown time and again not to work.
Our thinking
Analysis
Saudi Arabia will push ahead with economic diversification despite COVID-19
The coronavirus disease 2019 (COVID-19) pandemic will complicate the country’s economic diversification programme largely due to the drop in government revenue from oil sales, highlighting the need to accelerate economic diversification. In order to sustain funding for mega-projects while maintaining a low-risk sovereign profile, the government will seek to revive privatisation plans of state-owned assets, such as utilities companies and transport hubs, in the coming years.
Analysis
Decimated tourism industries will exacerbate economic, social problems
The UN’s World Tourism Authority estimates that global tourist activity will decrease by up to 40% in 2020 and will not return to pre-pandemic levels until 2022 at the earliest. In the MENA region, this will be felt hard in Egypt, Morocco, Tunisia, and Jordan and will exacerbate existing economic and social problems.
Our Thinking
Economic interventions signal government deep in crisis
Several high-profile economic interventions in recent months signal a government struggling to address growing macroeconomic and political instability, and are driving unprecedented levels of uncertainty for businesses.
Our Thinking
Africa slowly returns to business as usual
In this article we explore how government responses to the coronavirus disease 2019 (COVID-19) pandemic are evolving in sub-Saharan Africa, and what this means for business.
Asia In Focus
Risk in Thailand
Join Dane Chamorro for a discussion with Harrison Cheng about the impact of political opposition in Singapore and Malaysia.