Ethical Risk Assessment | Background
Ethical Risk Assessments form the core of the Foundation’s work, serving as a starting point for solution-oriented dialogue between business, politics and civil society.
The aim of these sector-specific Ethical Risk Assessments is to identify particularly serious environmental and social issues, which can vary greatly depending on the sector. Business challenges within supply chain management relating to environmental and social issues are thus subjected to a risk assessment, the results of which are published in the era-paper series.
The analysis is not limited to identifying risks at the corporate level. Our commitment to a binding due diligence law reflects our conviction that a well-coordinated combination of voluntary and binding instruments is required to effectively address the complex problems of global value chains. Building on this commitment, the Foundation’s current thematic focus is on the implementation of the Supply Chain Due Diligence Act, which was passed in 2021.
Using case studies, we examine how the Supply Chain Due Diligence Act is being integrated into corporate processes and responsibilities, the new challenges arising from this, and potential conflicts of interest. As a practical counterpart to the analytical work involved in risk assessments and empirical surveys, we then work with other stakeholders to develop impact tools, which we subject to a feasibility test in specific pilot projects.
