We expect you to conduct regular impact assessments by identifying your potential and actual adverse impacts on the social (human rights), environmental and economic sustainability areas.
We further expect a description of your prevention and mitigation efforts regarding adverse impacts, as well as your actions taken to provide affected parties with access to remedy in the event of an actual adverse impacts. It is important to keep track of how effective your actions are and involve those affected by the adverse impacts in decision-making. Whenever possible or necessary, dialogue with public authorities should also be pursued.
Finally, we expect that you describe what grievance mechanisms you have in place to ensure access to remedy to affected stakeholders.
We expect you to conduct regular impact assessments by identifying your potential and actual adverse impacts on the social (human rights), environmental and economic sustainability areas.
We further expect a description of your prevention and mitigation efforts regarding adverse impacts, as well as your actions taken to provide affected parties with access to remedy in the event of an actual adverse impacts. It is important to keep track of how effective your actions are and involve those affected by the adverse impacts in decision-making. Whenever possible or necessary, dialogue with public authorities should also be pursued.
Finally, we expect that you describe what grievance mechanisms you have in place to ensure access to remedy to affected stakeholders.