It is important to realize that a Third Party Validation Body manages the GIF Due Diligence process according to ISO 17029. That is to ensure independency, reliability, and impartiality in the evaluation and recognized validation of GIF Responsible Organization claim.
An app supports the Assessors during the Due Diligence to ensure standardization and risks of subjective judgement minimization.
Only GIF AP (Accredited Professionals) previously trained and qualified y the Programme Operator according to stringent criteria can conduct the Due Diligence.
The quantitative metrics specifically allows to determine the exposure level to ESG risks.
The Organization positively passes the Due Diligence on condition of achieving a minimum score according to the GIF Framework Criteria. This particularly consists of a combination of a minimum overall score and a minimum score in each “core area”.