{"id":8529,"date":"2018-10-06T22:38:49","date_gmt":"2018-10-06T22:38:49","guid":{"rendered":"https:\/\/ceowatermandate.org\/integrity2\/?post_type=product&p=8529"},"modified":"2018-10-16T16:51:50","modified_gmt":"2018-10-16T16:51:50","slug":"tool-4-due-diligence-investigation-of-wsi-participants","status":"publish","type":"product","link":"https:\/\/ceowatermandate.org\/template\/tool\/tool-4-due-diligence-investigation-of-wsi-participants\/","title":{"rendered":"Tool 4: Due Diligence Investigation of WSI Participants"},"content":{"rendered":"
[vc_row][vc_column][vc_column_text]\n\n\n\n\n\n\n\n\n\n
Tool<\/strong><\/span><\/td>\nAn example \u201cKnow your WSI participants\u201d checklist and other sources of information relating to due diligence investigations.<\/span><\/td>\n<\/tr>\n
Related Key Activities<\/strong><\/span><\/td>\nAnalyze WSI participant records and incentives.<\/span><\/td>\n<\/tr>\n
Questions Addressed<\/strong><\/span><\/td>\nHow can the WSI understand the track record of its potential participants to ensure the integrity of the initiative?<\/span><\/td>\n<\/tr>\n
Purpose<\/strong><\/span><\/td>\nA proper due diligence process will help WSI participants identify potential past unethical behavior by any participant, in order to determine proper next steps and avoid conflicts:<\/span><\/p>\n
    \n
  • Develop greater understanding of WSI participants at the outset.<\/span><\/li>\n
  • Mitigate risk of integrity issues related to past participant behavior and track record.<\/span><\/li>\n<\/ul>\n<\/td>\n<\/tr>\n
Possible Users<\/strong><\/span><\/td>\nWSI initiator, might be a single organization or a small group of organizations that are providing financial support to a WSI or are involved in its development, including donor agencies planning to support a WSI.<\/span><\/td>\n<\/tr>\n
Level of Effort<\/strong><\/span><\/td>\nFrom simple checklist to comprehensive background research by an independent party.<\/span><\/td>\n<\/tr>\n
WSI Phase<\/strong><\/span><\/td>\n1: Incubation and Initial Analysis, completed in 2: Formalization.<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n[\/vc_column_text][\/vc_column][\/vc_row][vc_row][vc_column][vc_column_text]Due diligence refers to the care a reasonable and prudent party should take before entering into an agreement or transaction with another party \u2014 whether they are NGOs, government, or private companies. It involves a systematic collection and analysis of information on how a particular organization is managed or conducts its business. A due diligence investigation reveals whether a potential participant in a WSI commits to professional and ethical business practices, and uncovers the risks and opportunities that come along with involving this participant. A due diligence assessment will be useful for the WSI initiators while scoping prospective participants in order to assess whether that organization is fit to assume a specific role in the WSI.[\/vc_column_text][\/vc_column][\/vc_row][vc_row][vc_column]

Guidance for implementation<\/h3><\/div><\/div>[vc_column_text]\"\"<\/a><\/p>\n

\"\"<\/a>[\/vc_column_text][\/vc_column][\/vc_row][vc_row][vc_column][vc_btn title=”Download Full PDF for more detail” size=”lg” align=”left” i_icon_fontawesome=”fa fa-download” add_icon=”true” link=”url:http%3A%2F%2Fbit.ly%2F2DFpuQc|||”][\/vc_column][\/vc_row]\n<\/div>","protected":false},"excerpt":{"rendered":"

This tool consists of a \u201cKnow your WSI participants\u201d checklist and other sources of information relating to due diligence investigations.<\/p>\n","protected":false},"featured_media":0,"template":"","meta":[],"product_cat":[641],"product_tag":[],"_links":{"self":[{"href":"https:\/\/ceowatermandate.org\/template\/wp-json\/wp\/v2\/product\/8529"}],"collection":[{"href":"https:\/\/ceowatermandate.org\/template\/wp-json\/wp\/v2\/product"}],"about":[{"href":"https:\/\/ceowatermandate.org\/template\/wp-json\/wp\/v2\/types\/product"}],"wp:attachment":[{"href":"https:\/\/ceowatermandate.org\/template\/wp-json\/wp\/v2\/media?parent=8529"}],"wp:term":[{"taxonomy":"product_cat","embeddable":true,"href":"https:\/\/ceowatermandate.org\/template\/wp-json\/wp\/v2\/product_cat?post=8529"},{"taxonomy":"product_tag","embeddable":true,"href":"https:\/\/ceowatermandate.org\/template\/wp-json\/wp\/v2\/product_tag?post=8529"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}