Responsible Business, Sustainable Value

Business Risk - Sources and Issues

Who am I buying from?

 

Producers

 

People

 

Who made it?

 

Products

 

What am I buying?

 

Processes

 

How was it made?

 

Partners

 

Who do I work with?

 

For each of 5 key sources of risk you should ask questions about the key issues.

 Child labour

 Forced labour, inhumane treatment

 Health and safety conditions

 Wages and working hours

 Freedom of association and speech

 Discrimination and coercion

 

 Legally licensed

 Quality controlled

 Technologically robust

 Environmentally efficient

 Legal status

 Financial integrity

 Reputation

 Business ethics

 Safety and environmental compliance

 Intellectual property rights

 Legal sourcing of components

 Other business interests

 Reputation

 Business ethics and transparency

 Risk Management of relationship

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