Consultancy
Baseline Assessment
Your Starting Point for Due Diligence Compliance
In the coming years, businesses across Europe will face increasing requirements to comply with due diligence legislation. Whether it’s the German Due Diligence Act, the CSRD, the EU Corporate Sustainability Due Diligence Directive (CSDDD), or other national regulations, it’s essential to understand how these laws apply to your company and what actions are necessary to meet them.
Where Does Your Business Stand?
The first step in navigating this complex landscape is understanding your current position. That’s where ImpactBuying’s Baseline Assessment comes in. This comprehensive analysis helps you identify the gaps between your current operations and the legal requirements, creating a clear roadmap for compliance and sustainability.
What’s Included in the Baseline Assessment?
Our Baseline Assessment offers a structured and thorough approach, tailored to meet your company’s unique needs:
1. Mapping Relevant Legislation
We begin by mapping your business activities against the applicable due diligence regulations, such as the CSDD, CSRD, or the Lieferkettengesetz. This step identifies which laws apply to your business and the extent of their impact.
2. ESG Risk Assessment
Using our extensive experience in Environmental, Social, and Governance (ESG) risk analysis, we prioritize the areas and supply chains with the highest risks. This analysis focuses on human rights, governance, and environmental concerns to ensure meaningful progress.
3. Policy and Commitment Review
We assess your current policies, commitments, and sustainability strategies, whether internal or public. This step includes evaluating covenants, net positive claims, and any existing frameworks.
4. Data Management Assessment
Our team examines your data management practices and IT tools to identify gaps in data quality and traceability. This ensures your systems can support compliance efforts and helps uncover potential claims you can confidently make.
5. Purchasing Practices Evaluation
We review your procurement practices, code of conduct, and audit processes to ensure alignment with due diligence requirements.
Why Choose a Baseline Assessment?
Our Baseline Assessment is ideal for businesses asking:
- Where do we stand in relation to due diligence legislation?
- What are the gaps in our current practices?
- What actions are needed to comply and make a positive impact?
This assessment doesn’t just highlight areas for improvement; it lays the foundation for a strategic approach to compliance, sustainability, and long-term competitiveness.
From Insights to Action
The insights gained through the Baseline Assessment allow us to create a clear, actionable roadmap for your company. Together, we address any gaps, improve your supply chain practices, and ensure compliance with both current and upcoming legislation.
Take the First Step Towards Compliance
Are you ready to understand your company’s position and pave the way for compliance and sustainability? Contact ImpactBuying today and let’s start building a more transparent and responsible supply chain together.