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4 July, 11:59

When an organization demonstrates that it is continuously attempting to meet the requirements of the market in which it operates, what is it ensuring?

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  1. 4 July, 15:23
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    The correct answer is: due diligence.

    Explanation:

    We understand Due Diligence in Human Rights that process of continued management, which a reasonable and prudent company needs to carry out, to fulfill its responsibility for respecting Human Rights. It is a complex system, which must be integrated transversally in the operational and decision-making processes of the company. Acting with due diligence in the field of Human Rights improves the management of the company in different areas:

    It completes its risk management system, enabling the early identification of conflicts and preventive mitigation actions. Improves good governance mechanisms by providing information for decision making. Reduces costs arising from conflicts and possible legal actions that could have been avoided. Expands opportunities for access to financing and investment. And in general, it strengthens relations with stakeholders, developing in contexts of less uncertainty.
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