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GATOR TALES T H EO F I C I A LP A LM BOARD MEMBERS PRESIDENT Evil Houston 561.762.2628 sgjewelers2 aol.com VP SKI TRIPS Abe Kessler 561.633.3551 abetessler gmail.com VP SPECIAL ACTIVITIES Debbie Baseline
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P A L M stands for Pre-Acquisition Human Rights Due Diligence, a process to identify, prevent, mitigate, and account for how actual and potential human rights impacts are addressed.
Companies acquiring or investing in another company are required to conduct a P A L M.
The P A L M process involves conducting human rights due diligence, assessing risks, and developing an action plan to address any identified issues.
The purpose of P A L M is to ensure that human rights are considered in business transactions and investments to prevent negative impacts on individuals and communities.
The P A L M report should include information on the human rights risks identified, actions taken to address those risks, and any remaining challenges.
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