WG Third Party Risk Management & ESG
These days, ESG is a term on everyone’s lips, given the avalanche of regulations that are being enacted to make companies more sustainable – or at least to make companies report on all ESG matters. One pivotal piece of the ESG regulatory framework is the fact that compliance/reporting needs to be along the entire value chain and not only for the company in question, which means that even smaller companies that are not directly subject to specific ESG regulations may be forced to regard them in practice, as they may be suppliers of companies that are bound by them. Managing compliance risks related to third parties, or as our co-chair Michael prefers to call it, “external partner risk management” is top of mind for a lot of companies and consequently or the compliance community.
To respond to these developments, Annette Schüller and Michael Reh are launching a new Working Group “Third Party Risk Management & ESG”, which aims to bring together all those interested in questions of the management of third party/external partner risk and other adjacent ESG compliance matters to discuss, exchange and share best practice on how best to deal with these new and novel requirements.
Annette and Michael look forward to your active participation. We also welcome any speakers or ideas for future events.
29 August 2024 – Launch event
The hybrid launch event that took place on 29 August 2024 at 16:00h at the Novartis Campus in Basel and via a weblink.
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