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'redressing' is correct and usable in written English.
It is used as a verb meaning to correct or rectify a wrong or unfair situation. It is often used in a legal or formal context. Example: The company is committed to redressing any claims of discrimination made by its employees. Here, 'redressing' means addressing and remedying the issue of discrimination.
Dictionary
redressing
verb
Present participle of redress
synonyms
Exact(60)
In fact, active government, as well as being essential for economic success, is the only way of protecting the weak and redressing the balance of power between rich and poor.
Redressing strict land regulation is among the most politically fraught of policy issues.
China's hectic growth has made it an indispensable partner both in redressing global economic imbalances and in curbing carbon emissionsMr Obama's trip predictably failed to produce breakthroughs on either issue, though a lengthy joint statement outlined measures to step up co-operation on developing clean energy.
It signified a radical style of composition which aimed at redressing the swooning clichés of late romanticism, first with atonality, then with the rigorous new language of the 12-tone system, founded not on traditional harmony but abstract arrangements of pitches.
Financial regulators have already gone some way to redressing the balance from debt by forcing the banks to fund themselves with more equity.
When I say this, I do not mean to say that the General Government is charged with the duty of redressing or preventing all the wrongs in the world; but I do think that it is charged with preventing and redressing all wrongs which are wrong to itself.
Avoiding special incentives for physical capital or improving property rights and the pricing of natural resources can generate resources for redressing social under-investment.
Redressing this imbalance could, with time, help economic growth.
This had the effect of forcing deflation on those regions with failing banks, and thus redressing the balance-of-payments imbalances that had developed.
WHEN the Cannes jury gave this year's Golden Palm and the prize for best director to Gus Van Sant for "Elephant", a dull re-enactment of the massacre at Columbine High School in 1999, it perhaps felt it was redressing anti-American bias.
As intended, these volumes, in redressing a previous lack, reflect the hard-won recognition of dance as a distinct and important art form.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com