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’?
Social Risk Consulting
Upholding values and value creation
Social Risk 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
Latest podcasts
Looking ahead in the Philippines
Long referred to as the "Sick Man of Asia" for its less than impressive economic performance and often volatile politics, the Philippines has shown record GDP growth in excess of 6% over the last 6-8 years. Under President Rodrigo Duterte, the country has launched an ambitious "Build, Build, Build" infrastructure program and a strategic pivot to China. But how much has really changed?
Latest podcasts
When emerging markets stop growing: Bangladesh and COVID-19
Bangladesh has come a long way in the past decade, achieving record growth that has averaged between 6-8% in the past five years. This has made Bangladesh something of a darling amongst foreign investors comfortable with frontier markets. However, the competence of its unique government, which is effectively styled after one sole leader, Sheikh Hasina, is being tested by the COVID-19 crisis.
Analysis
South Africa politics unchanged despite challenges of COVID-19
The coronavirus disease 2019 (COVID-19) pandemic will have severe economic consequences for South Africa. We consider the impact on fiscal and social stability, and the wider political and policymaking environment.
Latest podcasts
Beyond the great firewall – the evolution of cyber risk in Asia
Though China’s cyber laws may be the most well-known, governments across the Asia Pacific – such as those in India, Indonesia, Singapore, Thailand and Vietnam – are implementing new and evolving legislation and requirements on cyber security.
Latest podcasts
Economic trends in Asia
Asia was the first region to experience the Covid-19 virus, but the economic effects have varied widely across the region. Northeast Asia, Korea and Taiwan have emerged stronger than others, while structurally open economies like Singapore, Hong Kong and Thailand are facing historic downturns.