With the growth of consumer awareness and support for ecological, environmental, and human issues, the term “sustainability” is no longer just a marketing gimmick—it has become an important corporate strategy. The main form of this strategy is the management of a company’s CSR (Corporate Social Responsibility) program.
The sustainability of CSR programs has increased since the concept of Environmental, Social, and Governance (ESG) emerged. Through ESG, investors can evaluate how well the company complies with and implements the sustainability program they have set, from the subject company to its supply chain. The regulation also requires subject companies to conduct due diligence on third parties involved in CSR programs.
The urgency of conducting supply chain due diligence on CSR vendors
