Request for Proposals- Strategic Partner Due Diligence Roll Out In Israel

Request For Proposals- Strategic Partner Due Diligence Roll Out In Israel

Applications Deadline: 9th October 2024

Location: Israel

Start Date: 1st November 2024

End Date: 15th December 2024

Due Diligence is an on-going, proactive, and reactive process through which PPs can identify, prevent, mitigate, and account for how they address actual and potential adverse impacts as an integral part of decision-making and risk management systems

The purpose of the Due Diligence process is to help Better Cotton to ensure that the partners we work with, or fund, have adequate governance structures, policies, and operational systems in place. It can also help organisations ensure they observe both international and domestic law and build towards the requirements of corporate Due Diligence.

Better Cotton’s due diligence covers six areas: ethics, governance, HR, environment and operations, financial stability and governance, and where applicable - downstream local partners.

The due diligence is structured around:

•Assessing the organization and its undertakings to identify the factual circumstances (reality) under which the business is operating.

•Identifying and assessing any actual or potential risks by evaluating the factual circumstances against recognised standards.

•Preventing or mitigating the identified risks by adopting and implementing a corrective risk action plan.

The objective of the consultancy is to conduct the Due Diligence process in Israel with one (1) existing strategic partner, the Israel Cotton Board, in accordance with Better Cotton’s guidelines, by the 15th of December 2024.

Please note that field and office visits might be required to cross check the policy review and support data collection. Proposals will be evaluated based on quality and clarity of the proposed approach, relevant expertise and experience of the team member(s), alignment with the criteria set out in the ToR and overall value for money.

We thank all applicants for their interest; however only shortlisted applicants will be contacted.

Better Cotton is committed to good practice and transparency in the management of natural, human and financial resources. All applications will be reviewed under the principles and subject to Better Cotton’s policies on equal opportunity, non-discrimination, anti-bribery & corruption and conflict of interest.