All German Supply Chain Act articles
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Supply chain due diligence must go beyond self-assessments
So many companies rely on suppliers to self-certify they comply with buyers’ codes of business conduct that the practice is “almost useless,” a panel of experts discussed at Compliance Week’s Europe conference in London.
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Large companies in crosshairs early under German Supply Chain Act
Amazon, IKEA, and Volkswagen were among the companies targeted in the first round of complaints under the German Supply Chain Due Diligence Act—an early indication nongovernmental organizations will seek to hold big businesses accountable for alleged human rights violations.
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Webcast
CPE Webcast: Insights from the German Supply Chain Due Diligence Act
The German Supply Chain Due Diligence Act (LkSG) is part of a growing focus on corporate environmental, social, and governance performance by governments and regulators.
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Webcast
CPE Webcast: TPRM - ESG compliance and German Supply Chain Act
Increasing compliance requirements, including from the German Supply Chain Act, pending Securities and Exchange Commission guidelines, and European Union directives, require a programmatic approach to managing third-party and supply chain risk.
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Good faith not good enough in navigating global supply chain laws
Differences in the level of duty of vigilance among supply chain legislation in countries including the United States, United Kingdom, and Germany mean best efforts to root out and stop slave labor and other worker exploitation are not enough, according to experts.