Social Risk Management
Today business and its operations are part of a social environment, with each affecting the other. If the company fails to accommodate these impacts, it is likely to face political and social repercussions. Social risks are always present. Workers and human rights violations, environmental degradation, corruption, or the implications of undue social and economic stratification or marginalization not only cause serious harm to the local people involved but can make business unsustainable over the long run.
At Mainstay, we help our clients to identify, monitor and mitigate those risks, thereby maximizing sustainable business opportunities. We assess the risk of business integrity lapses, as well as adverse human rights and environmental impacts on key stakeholders.