Why you should care about Due Diligence

Conducting sustainability due diligence practices is a legal obligation for companies. Under the Corporate Sustainability Due Diligence Directive, large companies in Europe are required to actively prevent, end, or mitigate negative impacts on human rights and the environment.

As these impacts often occur along the supply chain, companies have to conduct due diligence not only for their own operations but also for their business partners. In particular, mineral supply chains are often impacted by detrimental effects of natural or man-made hazards.

Companies play a key role in promoting sustainable practices throughout their supply chain while avoiding negative human rights or environmental impacts. Thereby companies contribute to a more responsible sourcing process.

Due diligence is not merely a legal obligation; it also provides numerous supply chain and stakeholder-related benefits, such as reducing risks, strengthening resilience, and preserving the social license to operate. Discover all the long-term strategic benefits in the video below.