We desire that our world be prosperous and safe. And it seems that due diligence has become essential to these outcomes. Due diligence (or care) is a legal concept, derived from the societal need to ensure fairness in dealings between human beings. It has been variously defined, for example:
The diligence reasonably expected from, and ordinarily exercised by, a person who seeks to satisfy a legal requirement or obligation1 and,
A minimum standard of behaviour which provides against contravention of relevant regulatory provisions and adequate supervision ensuring that the system is properly carried out.2
Such legal obligations can be created by statute law, for example the Model Work Health and Safety Act (2011)3 or from the common law as a defence against negligence4.