Keeping your own house in order
Companies themselves should live up to the requirements they make of their suppliers' CSR performance.
Companies are expected to exercise due diligence in their CSR activities. This applies in relation to the companies' own business activities and in relation to the company's business partners. The latter may be relations downstream, such as subsuppliers and employees, but also upstream, such as investors, customers, buyers, etc.
The CSR Compass can help your company to exercise due diligence in its responsible supply chain management. The CSR Compass approach can also be used in relation to other business partners.
Companies themselves must also meet the requirements they make of their business partners' CSR performance.
In other words, companies must have policies and processes that can help them to designate the areas in which they are at risk of exerting adverse impacts on CSR principles, thereby failing to comply with international CSR principles, and that can also help companies to prevent and alleviate any adverse impacts and, finally, that can support companies' reporting on their activities.
You can read more about companies' due diligence in relation to their own activities under The company must keep its own house in order.