Social Audit

                                                                          * BIRENDRA K JHA "Social Risk" is an important part of the ESG. Many ESG Managers, have little expertise over the "Social Risk", which definitely covers the Human Resource best practice and compliance of Human Right with Labor Law.    ESG, is not alone the mission to "reduce the environment risk". Expert says violation of good HR and labor law practices are generating more carbon emission. When European Commission has tightened the nose of the strong ESG practices, then in this situation, company reporting poor ESG, shall be allowed to enter the European market ? Never, the European Commission shall blacklist such companies to operate in their European  territory.   In this condition,  shall Samsung also be able to gain entry in the European Market? This is mind blowing.  Samsung is suspected of having breached ESG good practices. It has poor history in controlling "Social Risk&

                                                                          *BIRENDRA K JHA  Social Auditor, has wide expertise  to audit the "Non-Financial Business".  Audit of climate-change is the business of first pillar of the ESG. The poor, ESG compliance has raised several litigation. This litigation has raised immediate punishment to the directors of company for filing wrong ESG reporting in the BRSR.  This litigation has touched the corner stone of following types of ESG litigation. Somewhere there is failure of ESG compliance and somewhere failure to account  correctly the ESG related emission. This mandates complete audit and assurance by independent auditor on the the ESG.  Here, ESG litigation is discussed on the first pillar "Environment". In Social pillar, which is dealing with human resource practice, labor law practice and human right practices have a wide array of judicial impacts running from lower courts to the Hon'ble Supreme Court. This is wi