If you are a business owner, there is a high chance you’re dependent on third parties to run your business. Conducting a background check on third parties is known as Third-Party Due Diligence. Nowadays, it is extremely necessary to find out about the third parties before getting associated with them. Third-Party Due Diligence should be carried out before signing a contract or commencing the business with the third parties. in addition, continuous third party monitoring is also very vital to keep up with the ever-changing business risks. Due Diligence also helps in understanding & reducing the risks associated with the Third Parties.

The term ESG encompasses the set of words like Environmental, Social & Governance. It can impact a company’s ability to generate value. In a corporate world, ESG is the incorporation of non-financial considerations into business strategy and decision-making. Although ESG factors are non-financial they are linked to business competitiveness and the way it is handled can result in financial consequences.

The term ESG encompasses the set of words like Environmental, Social & Governance. It impacts a company’s ability to generate value. In a corporate world, ESG is the incorporation of non-financial factors into business strategy and decision-making. Although ESG factors are non-financial they are linked to business competitiveness and the way it is handled can result in financial consequences. ESG factors continue to be a priority of shareholders & board members. A lot of investors are asking companies to consider ESG factors in their long-term plans. Shareholders are keen to know how the company's plans during any ESG risks.