RISKMANAGEMENT

Risk management

No matter the size of your organization or business, knowing your risks and ensuring business continuity saves your time and money.
If you find yourself at the mercy of a stress test, we will advise you on your options.

Our offer
• Reputation management
• Expert opinions on compliance issues
• It-Compliance
• Crisis-resistant management and communication system
• BCM audit
• Peer support systems

Crisis and reputation management

In crisis situations, we advise you on your options. In addition to the legal and economic advisory, we also bring our work experience in international project and crisis finance management with us.

Reputation management – we help you to tidy up: a legally secure public image, clarity about your legal claims, and an efficient communication strategy.

Compliance and Business Continuity Management, BCM

Compliance issues are often not only reputationally damaging, they can also be very costly and time-consuming to resolve. We analyze the specific risk landscape for you on the basis of your business model. Together we define the steps to the desired project goal in order to always enable you to make safe and long-term decisions with a new comprehensive understanding of the risks. We have many years of experience with compliance in cross-border
business, especially in the context of development projects.

Trained and certified to the ISO 22301 BCM standard, our auditors, together with you, can create a crisis-resistant management and communication system tailor made for your specific risk landscape so that you and your team are aware of potential risks and ready to respond efficiently and with peace of mind.

Implementing Human Rights and Due Diligence in the Supply Chain Act

Companies and organizations are committed to sustainability both at the national German level and across the EU.

Since 2023, under threat of sanctions under the Supply Chain Due Diligence Act (LkSG), companies with over 3,000 employees and from 2024 all with over 1,000 employees have been obliged to counter human rights and environmental risks through appropriate risk analyses (§5LkSG) and internal risk management (§4LkSG). We advise you on your legal due diligence obligations (§3LkSG).

The European Commission presented a proposal for a directive on sustainable corporate governance on February 23, 2022. On December 14, 2023, a preliminary political agreement on the directive was reached between the EU Council Presidency and the European Parliament. On March 15, 2024, the qualified majority of EU member states voted in favor.

The guideline stipulates that companies in the scope of application will in the future identify risks in their business area as well as concerning their subsidiaries and their business partners, take preventative and remedial measures, and report on them. Companies must appropriately keep an eye on both the upstream chain (e.g. raw material extraction, production) and, to a limited extent, the downstream chain (e.g. transport to the end customer). In important points, the CSDDD is closely based on the German Supply Chain Due Diligence Act (LkSG). It is also closely aligned with the UN Guiding Principles on Business and Human Rights and contains formulated due diligence obligations for companies to respect human rights and environmental concerns in the value chains.

Let’s find out together what this means for your company, how you can meet these new obligations, and how you can still benefit from the data collected for your business management.

IT Compliance

IT compliance is understood as the observance of legal requirements that affect the use of information technology. IT security, insurance of IT risks, data protection and outsourcing are among the compliance requirements. A large number of legal and non-legal standards must be observed, for example data protection (DSGVO, TKG, TMG) and the principles for accounting and tax auditing (GoBS, GDPdU).

In many cases, company management is personally liable for IT compliance. We advise you on your obligations and enable you to clearly define your liability.

Peer Support / Mental Health Psychosocial Support (MHPSS)

Especially in recent years, we could see the immediate impact of the psychological well-being of staff on business continuity. Well-organized Smart organizations will establish early warning systems and offer physical and psychological first aid for its staff.

MHPSS
The term “Mental Health and Psychosocial Support” (MHPSS) describes all measures aimed at preserving and improving mental health and the social aspects that influence the psyche. Social conflict and mental health problems are seen in relation to each other -– neither component can be neglected. MHPSS is not only successfully applied in work with refugees. Especially teams working together in stressful situations benefit from MHPSS structures and achieve respectful interaction and efficient communication. We offer many years of experience in designing, training, and operating such support structures. This enables employees to recognize stress symptoms and react appropriately. In international personnel management, this is part of the employer’s duty of care. However, it pays off not only in crisis areas if your employees feel respected and the entire organization becomes stress-resistant.

Whistleblowing

Your secure and efficient communication is our goal. We offer you our technical experience as a team together with our legal and process understanding as a resource. The topic of whistleblowing has become an important social discourse.
In Germany, the law to protect people who stand up against injustice in government agencies, organizations, and businesses was adopted in 2023. We look forward to its application, evaluating the risks and opportunities with you, and advising you on your strategic approach and safe communication.