What is Pacts process for approving CCE relationships?
Once potential opportunities are identified, Pact has a formal due diligence, review and consultation process prior to approving specific CCE relationships. The review and consultation process includes risk and opportunity assessment, due diligence, consideration of the context in which implementation would occur, and consultation with a range of stakeholders and Pact colleagues. The process seeks to confirm whether the opportunity advances social development work, aligns with Pact’s mission and capabilities, and whether the partner organizations and companies in question are working to meet accepted international standards in their approaches to this work. Pact’s chief executive and board are involved in approving CCE relationships. The time required for the approval process depends on the nature, scope and risks associated with proposed CCE relationships. See Pact’s CCE policy for more information.
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