By Brian Huerbsch
Illegal logging poses real and significant regulatory risk for international financial institutions and corporations, especially those connected, either directly or indirectly, with the global timber industry, or that operate in areas where the industry is prevalent and important to the local economy. Considering the notable increase in regulatory activity over the past decade, the amount of enforcement actions given, and the ballooning size of fines over the past several years, it is clear that illegal logging is a crime that cannot be ignored anymore. Fortunately, this risk can be mitigated properly if strong third-party risk and know your customer (KYC) processes are in place, including enhanced due diligence (EDD) and anti-money laundering (AML) protocols.
The Behind the Brands Scorecard assesses the agricultural sourcing policies of the world's ten largest food and beverage companies. It exclusively focuses on publicly available informa- tion that relates to the policies of these companies on their so...Read More
The Responsible Mining Index (RMI) supports the principle that minerals and metals mining should benefit the economies, improve the lives of people and respect the environments of producing countries, while also benefiting mining companies in a fair ...Read More
The manual provides information on child labour including the worst forms of child labour, hazardous work and hazardous child labour lists, conducting child labour inspections, the labour inspector’s role when faced with the commercial sexual ex...Read More
This report provides an analysis of the data collected, maps specific migration corridors in which organizations have encountered a high number of cases of exploitation, and analyses ways in which the data can be used to build influence and cooperat...Read More
2025 © Copyright, RESPECT International. All Rights Reserved. Website Disclaimer | Privacy Policy
